Oregon County Property Taxes
The median property tax rate in Oregon County is 0.77%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $40,755, the typical annual property tax bill in Oregon County is $286, far below the national median of $2,690. Property taxes here are calculated based on the assessed value, which is generally less than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding the specific property tax system in Oregon County, exploring available exemptions, and identifying opportunities for property tax reductions can lead to significant annual savings. Whether you reside in a city or a rural area within Oregon County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Oregon County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$314
Ownwell’s Oregon County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Oregon County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Oregon County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Oregon County, Missouri
Property taxes in Oregon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Oregon County is 0.77%, which is lower than the Missouri state median but still below the U.S. national median of 0.99%. Local government entities within Oregon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Oregon County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Myrtle has one of the higher property tax rates in Missouri at 0.88%, while the city of Mountain View boasts one of the lowest at 0.58%. Analyzing how Oregon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Oregon County Tax Rate
0.77%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Oregon County, Missouri
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alton | 0.43% | 0.59% | 0.65% | 0.68% | 0.77% |
Birch Tree | 0.49% | 0.58% | 0.64% | 0.66% | 0.68% |
Couch | 0.59% | 0.65% | 0.83% | 0.90% | 0.92% |
Doniphan | 0.53% | 0.60% | 0.64% | 0.66% | 0.68% |
Fremont | 0.45% | 0.58% | 0.64% | 0.66% | 0.67% |
Gatewood | 0.59% | 0.76% | 0.85% | 0.90% | 0.92% |
Koshkonong | 0.54% | 0.63% | 0.82% | 1.00% | 1.08% |
Mountain View | 0.42% | 0.49% | 0.58% | 0.64% | 0.84% |
Myrtle | 0.59% | 0.79% | 0.88% | 0.92% | 0.94% |
Peace Valley | 0.56% | 0.58% | 0.61% | 0.64% | 0.66% |
Thayer | 0.64% | 0.81% | 0.84% | 0.84% | 0.87% |
West Plains | 0.43% | 0.57% | 0.64% | 0.68% | 0.88% |
Winona | 0.29% | 0.50% | 0.60% | 0.64% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Oregon County, Missouri
In Oregon County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Oregon County Appraisal District. The assessed value, however, 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. Assessment notices in Oregon County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Oregon County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Oregon County, the city with the highest median tax bill is Gatewood at $401, while Fremont has the lowest at $239. This range highlights the importance of understanding your specific property tax situation within the county.
Average Oregon County Assessed Value
$40,755
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Oregon County, Missouri
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alton | $10,440 | $22,640 | $40,650 | $70,810 | $113,648 |
Birch Tree | $4,160 | $18,610 | $44,360 | $77,915 | $122,640 |
Couch | $14,510 | $25,535 | $50,545 | $78,140 | $124,575 |
Doniphan | $14,340 | $25,720 | $48,530 | $95,080 | $179,100 |
Fremont | $3,984 | $19,280 | $37,490 | $72,590 | $95,238 |
Gatewood | $16,558 | $30,220 | $45,100 | $82,330 | $115,388 |
Koshkonong | $9,142 | $21,090 | $47,520 | $92,370 | $155,412 |
Mountain View | $6,630 | $30,340 | $48,830 | $76,160 | $95,290 |
Myrtle | $6,450 | $20,540 | $42,110 | $67,640 | $112,260 |
Peace Valley | $28,772 | $39,090 | $60,110 | $100,145 | $108,426 |
Thayer | $6,702 | $18,000 | $38,280 | $69,490 | $121,616 |
West Plains | $4,740 | $21,075 | $45,720 | $80,020 | $119,930 |
Winona | $10,196 | $32,200 | $51,270 | $83,470 | $101,422 |
Source: Ownwell
Property Tax Bills Across Oregon County, Missouri
In Oregon County, MO, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of the market value. The median home price in this county stands at $40,755. Various factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions or abatements. Homeowners in Oregon County see a range of tax bills. For example, the tax bill at the 25th percentile is $147, while at the 75th percentile, it's $510. At the 90th percentile, the tax bill can reach up to $856. Comparatively, the highest median tax bill in the county is $401 in Gatewood, while the lowest is $239 in Fremont. These tax bills impact homeowners by affecting their annual financial planning and overall cost of homeownership. Given that the national median property tax rate is 0.99%, understanding these local variations helps homeowners better anticipate their expenses and manage their budgets effectively.
Average Oregon County Tax Bill
$286
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Oregon County, Missouri
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alton | $51 | $145 | $253 | $436 | $694 |
Birch Tree | $31 | $113 | $250 | $454 | $684 |
Couch | $129 | $220 | $367 | $641 | $958 |
Doniphan | $96 | $159 | $279 | $478 | $1,035 |
Fremont | $71 | $120 | $239 | $390 | $529 |
Gatewood | $128 | $247 | $401 | $693 | $921 |
Koshkonong | $78 | $179 | $347 | $669 | $1,054 |
Mountain View | $28 | $140 | $332 | $451 | $499 |
Myrtle | $56 | $172 | $356 | $552 | $869 |
Peace Valley | $184 | $233 | $348 | $546 | $660 |
Thayer | $58 | $148 | $308 | $541 | $911 |
West Plains | $24 | $116 | $268 | $471 | $732 |
Winona | $49 | $155 | $274 | $511 | $561 |
Source: Ownwell