Desloge, Missouri Property Taxes
The median property tax rate in Desloge, MO is 2.17%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Desloge, the typical annual property tax bill reaches $43, significantly lower than the national median of $2,690. Property taxes in Desloge 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 Desloge'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 Desloge 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
Desloge, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.17%
Estimate Property Tax Bill
$43
Ownwell’s Desloge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Desloge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Desloge 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 Desloge, Missouri
Property taxes in Desloge, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Desloge is 0.93%, slightly below both the Missouri state median of 0.97% and the U.S. national median of 0.99%. Local government entities within Desloge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Desloge 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 Desloge's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63601 zip code has the highest median property tax rate of 0.93%, while the 63601 zip code also has the lowest median tax rate of 0.93%. Understanding how these cities compare with Desloge provides valuable insights into the varying tax landscape across St. Francois County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Desloge Tax Rate
2.17%
Average Morgan County Tax Rate
0.87%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Desloge, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63601 | 2.17% | 2.17% | 2.17% | 2.17% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Desloge, Missouri
In Desloge, 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 local assessment authority 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 Desloge, 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 Desloge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Desloge Assessed Value
$2,000
Average Morgan County Assessed Value
$49,350
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Desloge, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63601 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Source: Ownwell
Property Tax Bills Across Desloge, Missouri
In Desloge, located in Morgan County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Missouri uses a fractional assessment system, where residential properties are typically assessed at 19% of their market value. The tax rate, or millage rate, is then applied to the assessed value to calculate the property tax bill. For example, with a median home price of $2,000, the assessed value would be $380. Applying the local tax rate to this assessed value determines the tax bill. In Desloge, the property tax bill at the 25th, 75th, and 90th percentiles is consistently $43. This indicates a relatively low property tax burden compared to the national median property tax rate of 0.99%. Homeowners in Desloge benefit from these lower rates, which can make homeownership more affordable and financially manageable.
Average Desloge Tax Bill
$43
Average Morgan County Tax Bill
$420
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Desloge, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63601 | $43 | $43 | $43 | $43 | $43 |
Source: Ownwell