Cooper County Property Taxes
The median property tax rate in Cooper County is 1.38%, which is significantly higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Cooper County, the typical annual property tax bill reaches $1,092, which is lower than the national median of $2,690. Property taxes in Cooper County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Cooper County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Boonville or another part of Cooper County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cooper County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,400
Ownwell’s Cooper County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Cooper County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Cooper County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Cooper County, Missouri
Property taxes in Cooper County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Cooper County is 1.38%, which is higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Cooper County set these rates annually, and they can vary significantly between different areas within the county. Each year, Cooper County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Wooldridge has one of the higher property tax rates in Missouri at 1.39%, while the city of Tipton boasts one of the lowest at 1.02%. Analyzing how Cooper County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Cooper County Tax Rate
1.38%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cooper County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blackwater | 0.87% | 1.04% | 1.19% | 1.40% | 1.45% |
| Boonville | 1.30% | 1.37% | 1.39% | 1.40% | 1.42% |
| Bunceton | 0.88% | 1.06% | 1.25% | 1.49% | 1.52% |
| California | 0.78% | 1.00% | 1.19% | 1.26% | 1.37% |
| Clarksburg | 0.90% | 1.02% | 1.15% | 1.25% | 1.36% |
| Jamestown | 1.07% | 1.09% | 1.12% | 1.18% | 1.22% |
| Nelson | 0.84% | 1.05% | 1.18% | 1.38% | 1.39% |
| Otterville | 0.90% | 1.14% | 1.31% | 1.79% | 1.88% |
| Pilot Grove | 0.97% | 1.11% | 1.24% | 1.40% | 1.41% |
| Prairie Home | 1.00% | 1.15% | 1.25% | 1.45% | 1.47% |
| Sedalia | 0.88% | 0.97% | 1.05% | 1.08% | 1.13% |
| Smithton | 1.12% | 1.12% | 1.13% | 1.13% | 1.14% |
| Syracuse | 0.87% | 1.04% | 1.18% | 1.25% | 1.28% |
| Tipton | 0.79% | 0.83% | 1.02% | 1.09% | 1.14% |
| Wooldridge | 0.89% | 1.24% | 1.39% | 1.42% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Cooper County, Missouri
In Cooper County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Cooper County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Cooper County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Notably, Smithton has the highest median tax bill at $1,879, while Otterville has the lowest at $752. Being aware of these valuation processes in Cooper County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Cooper County Assessed Value
$83,000
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cooper County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blackwater | $24,880 | $39,600 | $67,200 | $112,300 | $188,120 |
| Boonville | $42,640 | $58,700 | $90,800 | $137,000 | $195,300 |
| Bunceton | $22,200 | $35,400 | $63,700 | $112,350 | $201,700 |
| California | $30,900 | $49,950 | $88,000 | $140,800 | $200,700 |
| Clarksburg | $22,480 | $44,800 | $67,100 | $124,700 | $207,960 |
| Jamestown | $56,180 | $70,100 | $93,300 | $131,350 | $154,180 |
| Nelson | $44,310 | $53,200 | $77,300 | $92,475 | $141,420 |
| Otterville | $22,350 | $32,625 | $53,750 | $91,700 | $166,150 |
| Pilot Grove | $33,400 | $48,400 | $73,700 | $126,400 | $184,500 |
| Prairie Home | $32,860 | $51,600 | $83,800 | $122,300 | $201,880 |
| Sedalia | $45,000 | $55,325 | $82,800 | $117,125 | $155,030 |
| Smithton | $118,720 | $136,450 | $166,000 | $195,550 | $213,280 |
| Syracuse | $32,110 | $46,450 | $66,900 | $131,425 | $231,610 |
| Tipton | $32,160 | $53,650 | $77,700 | $113,325 | $159,200 |
| Wooldridge | $22,000 | $52,050 | $85,400 | $156,400 | $221,120 |
Source: Ownwell
Property Tax Bills Across Cooper County, Missouri
Property tax bills in Cooper County, MO, are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value. Various factors influence the final tax bill, including the property's location, size, and condition. For instance, Cooper County's median home price is $83,000, and the property tax rate applied to this value will determine the final bill. Homeowners in Cooper County experience a range of tax bills. The 25th percentile tax bill is $692, while the 75th percentile reaches $1,766, and the 90th percentile goes up to $2,598. This variation shows how property characteristics and local tax rates can significantly impact what homeowners owe. For comparison, Smithton has the highest median tax bill at $1,879, while Otterville has the lowest at $752. Understanding these factors helps homeowners anticipate their annual property tax obligations and plan accordingly.
Average Cooper County Tax Bill
$1,092
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Cooper County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Blackwater | $331 | $505 | $797 | $1,344 | $2,117 |
| Boonville | $564 | $796 | $1,246 | $1,899 | $2,700 |
| Bunceton | $302 | $465 | $764 | $1,321 | $2,262 |
| California | $274 | $446 | $952 | $1,746 | $2,540 |
| Clarksburg | $229 | $418 | $850 | $1,552 | $2,799 |
| Jamestown | $631 | $831 | $1,164 | $1,530 | $1,749 |
| Nelson | $369 | $594 | $946 | $1,212 | $1,643 |
| Otterville | $310 | $482 | $752 | $1,193 | $2,063 |
| Pilot Grove | $424 | $610 | $946 | $1,519 | $2,231 |
| Prairie Home | $406 | $668 | $1,033 | $1,543 | $2,400 |
| Sedalia | $484 | $606 | $836 | $968 | $1,632 |
| Smithton | $1,330 | $1,536 | $1,879 | $2,223 | $2,429 |
| Syracuse | $278 | $607 | $766 | $1,494 | $2,886 |
| Tipton | $236 | $535 | $782 | $1,269 | $1,582 |
| Wooldridge | $206 | $590 | $1,279 | $2,354 | $3,542 |
Source: Ownwell