Bland, Missouri Property Taxes
The median property tax rate in Bland, MO is 0.91%, slightly below the national median of 0.99% and significantly lower than the Missouri state median of 1.20%. With the median home value in Bland at $33,700, the typical annual property tax bill is about $369, well below the national median of $2,690. Property taxes in Bland are calculated based on the tax assessed value, which is often less than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Bland'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 Bland or another part of Gasconade County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bland, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$307
Ownwell’s Bland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bland 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 Bland, Missouri
Property taxes in Bland, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bland is 0.91%, slightly lower than the U.S. national median of 0.99%. Local government entities within Bland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bland 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 Bland's effective property tax rate to other areas in Missouri and the national median. For comparison, the 65014 zip code has the same median property tax rate of 0.91%. Understanding how these cities compare with Bland provides valuable insights into the varying tax landscape across Gasconade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bland Tax Rate
0.91%
Average Gasconade County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bland, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65014 | 0.69% | 0.83% | 0.91% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Bland, Missouri
In Bland, 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 Gasconade 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 Bland, 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 Bland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Bland is $33,700, with the highest median tax bill in zip code 65014 being $369.00 and the lowest median tax bill also in zip code 65014 being $369.00.
Average Bland Assessed Value
$33,700
Average Gasconade County Assessed Value
$40,105
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bland, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65014 | $6,744 | $18,220 | $33,700 | $69,410 | $114,094 |
Source: Ownwell
Property Tax Bills Across Bland, Missouri
In Bland, located in Gasconade County, MO, property tax bills are calculated based on the assessed value of a home. The median home price in Bland is $33,700. Local tax authorities determine the assessed value, which is then multiplied by the local tax rate to calculate the annual tax bill. The tax rate in Bland is reflective of the national median property tax rate of 0.99%. Several factors influence the final tax bill, including changes in property values and local government budgets. For homeowners in Bland, the tax bill can vary significantly. The 25th percentile tax bill is around $180, while the 75th percentile tax bill reaches up to $669. At the 90th percentile, homeowners might see tax bills as high as $1,036. The highest and lowest median tax bills in the area are both reported at $369 in the 65014 zip code. Understanding these figures helps homeowners anticipate their financial obligations and plan accordingly.
Average Bland Tax Bill
$369
Average Gasconade County Tax Bill
$439
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Bland, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65014 | $85 | $180 | $369 | $669 | $1,036 |
Source: Ownwell