Country Club, Missouri Property Taxes
The median property tax rate in Country Club, MO is 1.24%, higher than both the national median of 0.99% and Missouri's state median of 1.20%. With the median home value in Country Club at $127,205, the typical annual property tax bill reaches $1,573, which is below the national median of $2,690. Property taxes in Country Club are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Country Club'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 Country Club 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
Country Club, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.24%
Estimate Property Tax Bill
$1,577
Ownwell’s COUNTRY CLUB Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in COUNTRY CLUB with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in COUNTRY CLUB 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 Country Club, Missouri
Property taxes in Country Club, Missouri, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Country Club is 1.24%, notably higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Country Club set these rates annually, and they can vary significantly across different neighborhoods. Each year, Country Club 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 Country Club's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 64506 has the highest median property tax rate of 1.24%, while zip code 64505 has the lowest median tax rate of 1.24%. Understanding how these areas compare with Country Club provides valuable insights into the varying tax landscape across Andrew County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Country Club Tax Rate
1.24%
Average Andrew County Tax Rate
1.22%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Country Club, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64505 | 1.22% | 1.22% | 1.24% | 1.24% | 1.24% |
| 64506 | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Country Club, Missouri
In Country Club, 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 Andrew 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 Country Club, 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 Country Club 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 $1,587 in zip code 64505, while the lowest median tax bill is $1,542 in zip code 64506.
Average Country Club Assessed Value
$127,205
Average Andrew County Assessed Value
$108,235
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Country Club, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64505 | $75,404 | $100,490 | $130,400 | $219,090 | $383,700 |
| 64506 | $99,170 | $107,710 | $124,710 | $146,705 | $183,170 |
Source: Ownwell
Property Tax Bills Across Country Club, Missouri
In COUNTRY CLUB, located in Andrew County, MO, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value, which is determined by the county assessor. For example, if a home's market value is $127,205, the assessed value would be a fraction of that amount, based on state regulations. The tax rate is then applied to this assessed value to calculate the annual property tax bill. Several factors influence the final tax bill, including the home's location within the county and any applicable exemptions or deductions. Homeowners in COUNTRY CLUB can expect a wide range of tax bills, from the 25th percentile at $1,284 to the 75th percentile at $2,301, with some reaching up to the 90th percentile at $3,605. These property taxes are crucial for funding local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Country Club Tax Bill
$1,573
Average Andrew County Tax Bill
$1,278
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Country Club, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64505 | $929 | $1,237 | $1,587 | $2,664 | $4,603 |
| 64506 | $1,226 | $1,331 | $1,542 | $1,813 | $2,264 |
Source: Ownwell