Ava, Missouri Property Taxes
The median property tax rate in Ava, MO is 0.86%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Ava at $45,808, the typical annual property tax bill is $389, significantly below the national median of $2,690. Property taxes in Ava are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Ava'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 Ava or another part of the county, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ava, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$394
Ownwell’s AVA Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in AVA with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in AVA 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 Ava, Missouri
Property taxes in Ava, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ava is 0.86%, slightly lower than the U.S. national median of 0.99%. Local government entities within Ava set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ava 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 Ava's effective property tax rate to other regions in Missouri and the national median. For comparison, the 65608 zip code has the highest median property tax rate of 0.86%, while the same 65608 zip code also has the lowest median tax rate of 0.86%. Understanding how these areas compare with Ava provides valuable insights into the varying tax landscape across Taney County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ava Tax Rate
0.86%
Average Taney County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ava, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65608 | 0.75% | 0.82% | 0.86% | 0.87% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Ava, Missouri
In AVA, 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 Taney 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 AVA, 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 AVA helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 65608 has the highest and lowest median tax bill at $389.
Average Ava Assessed Value
$45,808
Average Taney County Assessed Value
$44,055
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ava, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65608 | $1,011 | $12,192 | $45,808 | $87,907 | $126,609 |
Source: Ownwell
Property Tax Bills Across Ava, Missouri
Property tax bills in Ava, located in Taney County, MO, are determined based on the assessed value of a property and the local tax rate. The assessed value is typically a percentage of the property's market value, which is then multiplied by the tax rate set by local authorities. For example, with a median home price of $45,808, homeowners can expect varying tax bills depending on where their property falls within the assessed value range. Factors such as property size, location, and any improvements made can influence the assessed value. In Ava, the tax bills show a wide range: the 25th percentile tax bill is $99, while the 75th percentile tax bill is $743, and the 90th percentile tax bill reaches $1,120. These figures highlight the impact of property assessments on tax obligations, which can significantly affect homeowners' annual budgets. Comparing these with the national median property tax rate of 0.99%, it's clear that property taxes in Ava can vary widely, influencing homeowners' financial planning and overall cost of living.
Average Ava Tax Bill
$389
Average Taney County Tax Bill
$449
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Ava, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65608 | $9 | $99 | $389 | $743 | $1,120 |
Source: Ownwell