Birch Tree, Missouri Property Taxes
The median property tax rate in Birch Tree, MO is 0.64%, considerably lower than both the national median of 0.99% and Missouri's state median of 1.20%. With the median home value in Birch Tree at $44,360, the typical annual property tax bill reaches $250, significantly below the national median of $2,690. Property taxes in Birch Tree 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 Birch Tree'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 Birch Tree 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
Birch Tree, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$284
Ownwell’s Birch Tree Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Birch Tree with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Birch Tree to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of potential tax liabilities. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by the county, is used for property tax calculations and may include applicable exemptions.
Property Tax Rates Across Birch Tree, Missouri
Property taxes in Birch Tree, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Birch Tree is 0.64%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Birch Tree set these rates annually, and they can vary significantly across different neighborhoods. Each year, Birch Tree 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 Birch Tree's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65438 has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how these figures compare with Birch Tree provides valuable insights into the varying tax landscape across Oregon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Birch Tree Tax Rate
0.64%
Average Oregon County Tax Rate
0.77%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Birch Tree, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65438 | 0.49% | 0.58% | 0.64% | 0.66% | 0.68% |
Source: Ownwell
Property Tax Assessment Values Across Birch Tree, Missouri
In Birch Tree, 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 Oregon 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 Birch Tree, 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 Birch Tree helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $250.00, found in the 65438 zip code, while the lowest median tax bill is also $250.00 in the same zip code.
Average Birch Tree Assessed Value
$44,360
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 Birch Tree, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65438 | $4,160 | $18,610 | $44,360 | $77,915 | $122,640 |
Source: Ownwell
Property Tax Bills Across Birch Tree, Missouri
Property tax bills in Birch Tree, Oregon County, MO, are calculated based on the assessed value of a property, which is a percentage of its market value. Homeowners in Birch Tree face a property tax rate that is influenced by various factors, including the local government's budgetary needs and the value of services provided to the community. The median home price in Birch Tree is $44,360, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $113, while the 75th percentile reaches up to $454, and the 90th percentile hits $684. These figures indicate that property tax bills can fluctuate widely depending on the specific assessed value of a home and the applicable tax rate. Compared to the national median property tax rate of 0.99%, Birch Tree’s property tax rates can be considered relatively moderate, providing some relief to homeowners. This system ensures that property taxes are proportionate to the property's value, impacting homeowners' annual financial obligations.
Average Birch Tree Tax Bill
$250
Average Oregon County Tax Bill
$286
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Birch Tree, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65438 | $31 | $113 | $250 | $454 | $684 |
Source: Ownwell