Kidder, Missouri Property Taxes
The median property tax rate in Kidder, MO is 1.31%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Kidder at $79,295, the typical annual property tax bill reaches $1,031, exceeding the national median of $2,690. Property taxes in Kidder are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kidder's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kidder or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Kidder, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$1,039
Ownwell’s Kidder Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kidder with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kidder to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Kidder, Missouri
Property taxes in Kidder, Missouri, are essential for funding critical local services, including public schools, road maintenance, and emergency services. The median tax rate in Kidder is 0.94%, which is lower than both the Missouri state median of 0.97% and the U.S. national median of 0.99%. Local government entities within Kidder set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kidder estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Kidder's effective property tax rate to other counties in Missouri and the national median. For comparison, the 64649 zip code has the highest median property tax rate of 0.94%, while the same 64649 zip code also has the lowest median tax rate of 0.94%. Understanding how these cities compare with Kidder provides valuable insights into the varying tax landscape across Caldwell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kidder Tax Rate
1.31%
Average Daviess County Tax Rate
1.28%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kidder, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64649 | 1.01% | 1.24% | 1.31% | 1.38% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Kidder, Missouri
In Kidder, Missouri, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Daviess County Appraisal District for tax purposes. In contrast, the assessed value 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. In Kidder, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, the median home price in Kidder is $79,295. Property tax bills vary significantly, with the 25th percentile at $589 and the 75th percentile at $1,918. The highest median tax bill is $1,031 in zip code 64649, which is also the lowest median tax bill in the same zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kidder Assessed Value
$79,295
Average Daviess County Assessed Value
$66,100
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kidder, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64649 | $28,000 | $46,450 | $79,295 | $141,290 | $185,330 |
Source: Ownwell
Property Tax Bills Across Kidder, Missouri
In Kidder, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value. For example, if the median home price in Kidder is $79,295, the assessed value would be a fraction of this amount, depending on local regulations. The tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including the property's location within the city, any applicable exemptions, and the specific tax rate set by local government entities. Homeowners in Kidder can expect their tax bills to vary widely, with the 25th percentile tax bill at $589 and the 75th percentile reaching $1,918. At the higher end, the 90th percentile tax bill can go up to $2,541. These property taxes fund essential public services, impacting the overall quality of life and property values in the community.
Average Kidder Tax Bill
$1,031
Average Daviess County Tax Bill
$845
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Kidder, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64649 | $294 | $589 | $1,031 | $1,918 | $2,541 |
Source: Ownwell