Rosebud, Missouri Property Taxes
The median property tax rate in Rosebud, MO is 1.08%, slightly higher than the national median of 0.99% but below the Missouri state median of 1.20%. With the median home value in Rosebud, the typical annual property tax bill reaches $332, significantly lower than the national median of $2,690. Property taxes in Rosebud are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Rosebud'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 Rosebud 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
Rosebud, Missouri 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 Rosebud Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rosebud with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rosebud 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 Rosebud, Missouri
Property taxes in Rosebud, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rosebud is 1.08%, which is higher than the U.S. national median of 0.99%. Local government entities within Rosebud set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rosebud 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 Rosebud's effective property tax rate to other areas and the national median. For comparison, the highest and lowest median property tax rates in Gasconade County are both 1.08%. Understanding how these values compare with Rosebud 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 Rosebud Tax Rate
1.08%
Average Gasconade County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rosebud, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63091 | 0.78% | 0.95% | 1.08% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Rosebud, Missouri
In Rosebud, 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 Assessor 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 Rosebud, 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 Rosebud helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Rosebud is $332 in the 63091 zip code, while the lowest median tax bill is also $332 in the same zip code.
Average Rosebud Assessed Value
$32,780
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 Rosebud, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63091 | $12,224 | $19,382 | $32,780 | $73,420 | $133,005 |
Source: Ownwell
Property Tax Bills Across Rosebud, Missouri
In Rosebud, located in Gasconade 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 Rosebud is $32,780. Local tax rates are applied to this assessed value to determine the annual property tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. For homeowners in Rosebud, property tax bills can vary significantly. The 25th percentile tax bill is $188, while the 75th percentile reaches $712. At the 90th percentile, homeowners may face a tax bill of up to $1,174. These figures illustrate the range of potential tax liabilities within the community, highlighting how different property values and individual circumstances can impact the amount owed. Compared to the national median property tax rate of 0.99%, Rosebud's rates can result in relatively lower tax bills, providing some financial relief to homeowners in this region.
Average Rosebud Tax Bill
$332
Average Gasconade County Tax Bill
$439
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Rosebud, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63091 | $132 | $188 | $332 | $712 | $1,174 |
Source: Ownwell