Stewartsville, Missouri Property Taxes
The median property tax rate in Stewartsville, MO is 0.99%, aligning with the national median of 0.99% but lower than Missouri's state median of 1.20%. With the median home value in Stewartsville at $92,120, the typical annual property tax bill is $922, which is below the national median of $2,690. Property taxes in Stewartsville 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 Stewartsville'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 Stewartsville 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
Stewartsville, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$912
Ownwell’s Stewartsviille Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stewartsviille with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stewartsviille 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 Stewartsville, Missouri
Property taxes in Stewartsville, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stewartsville is 0.99%, aligning with both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Stewartsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stewartsville 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 Stewartsville's effective property tax rate to other counties in Missouri and the national median. For comparison, the 64490 zip code has the highest median property tax rate of 0.99%, while the 64490 zip code also has the lowest median tax rate of 0.99%. Understanding how these cities compare with Stewartsville provides valuable insights into the varying tax landscape across DeKalb County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stewartsville Tax Rate
0.99%
Average Dekalb County Tax Rate
1.02%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stewartsville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64490 | 0.84% | 0.92% | 0.99% | 1.05% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Stewartsville, Missouri
In Stewartsville, 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 DeKalb 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 Stewartsville, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Stewartsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 64490, with a median tax bill of $922.
Average Stewartsville Assessed Value
$92,120
Average Dekalb County Assessed Value
$90,050
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stewartsville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64490 | $27,405 | $57,838 | $92,120 | $139,545 | $220,410 |
Source: Ownwell
Property Tax Bills Across Stewartsville, Missouri
In Stewartswille, DeKalb County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Stewartswille is $92,120, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the home's location within the county and any applicable exemptions can influence the final tax amount. Homeowners in Stewartswille can expect their property tax bills to vary widely. For instance, the tax bill at the 25th percentile is $572, while those at the 75th and 90th percentiles are $1,386 and $2,167, respectively. This range indicates that while some homeowners may pay relatively low taxes, others could face significantly higher bills. Comparatively, DeKalb County’s highest and lowest median tax bills are both $922, reflecting a consistent rate across different areas. Understanding these factors helps homeowners anticipate their annual expenses and plan their finances accordingly. The property tax rate in Stewartswille can significantly impact household budgets, making it crucial for residents to stay informed about their tax obligations.
Average Stewartsville Tax Bill
$922
Average Dekalb County Tax Bill
$916
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Stewartsville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64490 | $265 | $572 | $922 | $1,386 | $2,167 |
Source: Ownwell