Argyle, Missouri Property Taxes
The median property tax rate in Argyle, MO is 0.89%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Argyle at $94,700, the typical annual property tax bill amounts to $805, significantly below the national median of $2,690. Property taxes in Argyle are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Argyle's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Argyle or another part of Maries County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Argyle, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$843
Ownwell’s Argyle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Argyle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Argyle 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 Argyle, Missouri
Property taxes in Argyle, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Argyle is 0.89%, slightly lower than the U.S. national median of 0.99%. Local government entities within Argyle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Argyle 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 Argyle's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65001 zip code has both the highest and lowest median property tax rate of 0.89%. Understanding how these cities compare with Argyle provides valuable insights into the varying tax landscape across Maries County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Argyle Tax Rate
0.89%
Average Maries County Tax Rate
0.89%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Argyle, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65001 | 0.74% | 0.80% | 0.89% | 0.93% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Argyle, Missouri
In Argyle, 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 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 Argyle, 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 Argyle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 65001 has the highest and lowest median tax bills, both at $805.
Average Argyle Assessed Value
$94,700
Average Maries County Assessed Value
$66,000
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Argyle, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65001 | $10,820 | $51,500 | $94,700 | $140,200 | $194,660 |
Source: Ownwell
Property Tax Bills Across Argyle, Missouri
In Argyle, Maries County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Homeowners in Argyle can expect their property tax bills to vary significantly, influenced by factors such as the home's location, size, and condition. The median home price in Argyle is $94,700, and property taxes can range widely. For instance, the tax bill at the 25th percentile is $437, while at the 75th percentile, it climbs to $1,272. At the 90th percentile, homeowners might see a tax bill as high as $1,630. Comparatively, the national median property tax rate is 0.99%, providing a benchmark for understanding local tax burdens. These property taxes fund essential public services like schools, roads, and emergency services, impacting the overall quality of life for homeowners. Understanding how these bills are calculated helps homeowners better anticipate their annual expenses and plan accordingly.
Average Argyle Tax Bill
$805
Average Maries County Tax Bill
$586
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Argyle, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65001 | $103 | $437 | $805 | $1,272 | $1,630 |
Source: Ownwell