Emden, Missouri Property Taxes
The median property tax rate in EMDEN, MO is 0.93%, which is lower than both the national median of 0.99% and Missouri's state median of 1.20%. With a median home value of $89,995 in EMDEN, the typical annual property tax bill amounts to $855, significantly less than the national median of $2,690. Property taxes in EMDEN are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding EMDEN'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 EMDEN or another part of Marion County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Emden, 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 EMDEN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EMDEN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EMDEN 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 Emden, Missouri
Property taxes in EMDEN, Missouri, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in EMDEN is 0.93%, slightly lower than the U.S. national median of 0.99%. Local government entities within EMDEN set these rates annually, and they can vary significantly across different neighborhoods. Each year, EMDEN 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 EMDEN's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 63439 has both the highest and lowest median property tax rate of 0.93%. Understanding how these areas compare with EMDEN provides valuable insights into the varying tax landscape across Marion County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Emden Tax Rate
0.93%
Average Marion County Tax Rate
1.02%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63439 | 0.70% | 0.81% | 0.93% | 0.95% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Emden, Missouri
In EMDEN, 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 Marion 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 EMDEN, 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 EMDEN helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 63439 has the highest and lowest median tax bill at $855.
Average Emden Assessed Value
$89,995
Average Marion County Assessed Value
$80,490
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Emden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63439 | $12,229 | $41,292 | $89,995 | $151,915 | $203,670 |
Source: Ownwell
Property Tax Bills Across Emden, Missouri
In EMDEN, located in Marion County, MO, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the market value of the property. Factors such as the property's size, location, and condition are considered to determine this value. For instance, with a median home price of $89,995, the tax bill can vary significantly. Homeowners in the 25th percentile pay around $321, while those in the 75th percentile see bills closer to $1,439. At the 90th percentile, tax bills can reach up to $1,753. These taxes fund essential public services like schools, roads, and emergency services, directly impacting the community's quality of life. Comparatively, the national median property tax rate is 0.99%, making it crucial for homeowners to understand how local rates and assessed values influence their financial responsibilities. By staying informed, homeowners can better anticipate their annual property tax obligations and plan their finances accordingly.
Average Emden Tax Bill
$855
Average Marion County Tax Bill
$807
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Emden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63439 | $98 | $321 | $855 | $1,439 | $1,753 |
Source: Ownwell