The Dalles, Missouri Property Taxes
The median property tax rate in The Dalles, MO is 2.85%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in The Dalles, the typical annual property tax bill reaches $37, exceeding the national median of $2,690. Property taxes in The Dalles 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 The Dalles' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of The Dalles 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
The Dalles, 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 The Dalles Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in The Dalles with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in The Dalles 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 The Dalles, Missouri
Property taxes in The Dalles, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in The Dalles is 2.85%, significantly higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within The Dalles set these rates annually, and they can vary significantly across different neighborhoods. Each year, The Dalles 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 The Dalles' effective property tax rate to other counties in Missouri and the national median. For comparison, the highest median property tax rate in the region is 2.85%, while the lowest median tax rate is significantly lower. Understanding how these cities compare with The Dalles provides valuable insights into the varying tax landscape across Morgan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average The Dalles Tax Rate
2.85%
Average Morgan County Tax Rate
0.87%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across The Dalles, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across The Dalles, Missouri
In The Dalles, 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 Morgan 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 The Dalles, 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 The Dalles helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest tax bill in The Dalles is 29141, while the lowest tax bill is also found in zip code 29141, with both having a median home price of $1,300.
Average The Dalles Assessed Value
$1,300
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 The Dalles, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across The Dalles, Missouri
Property tax bills in The Dalles, located in Morgan County, MO, are calculated based on the assessed value of a property, which is determined by the county assessor. The assessed value is a percentage of the property's market value. In The Dalles, homeowners can expect a property tax rate that is influenced by local budgetary needs and voter-approved levies. Factors that impact the tax bill include the property's assessed value, applicable exemptions, and the local tax rate. For example, if the median home price in The Dalles is $1,300, the tax bill at the 25th, 75th, and 90th percentiles is consistently $37. This relatively low tax bill, compared to the national median property tax rate of 0.99%, suggests that homeowners in The Dalles benefit from lower property taxes. These tax bills play a significant role in funding essential public services such as schools, emergency services, and infrastructure. For homeowners, understanding how their property tax is calculated can offer insights into their annual financial obligations and help them plan their budgets more effectively.
Average The Dalles Tax Bill
$37
Average Morgan County Tax Bill
$420
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across The Dalles, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell