Carroll County Property Taxes
The median property tax rate in Carroll County is 1.19%, which is slightly higher than the national median of 0.99% but just below Missouri's state median of 1.20%. With a median home value of $54,921, the typical annual property tax bill in Carroll County is approximately $634, which is significantly lower than the national median of $2,690. Property taxes in Carroll County are calculated based on the tax assessed value, often lower than the actual market value due to various property tax exemptions such as those for primary residences and agricultural properties. Understanding Carroll County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Carrollton or another part of Carroll County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carroll County 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 Carroll County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carroll County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Carroll 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 Carroll County, Missouri
Property taxes in Carroll County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Carroll County is 1.19%, which is higher than the U.S. national median of 0.99%. Local government entities within Carroll County set these rates annually, and they can vary significantly between different areas within the county. Each year, Carroll 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. The following data compares Carroll County's effective property tax rate with other counties in Missouri and the national median. For comparison, the city of Norborne has one of the higher property tax rates in Missouri at 1.51%, while the city of Braymer boasts one of the lowest at 0.90%. Analyzing how Carroll County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Carroll County Tax Rate
1.19%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carroll County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bogard | 0.90% | 1.03% | 1.22% | 1.50% | 1.50% |
| Bosworth | 0.84% | 0.98% | 1.26% | 1.29% | 1.30% |
| Braymer | 0.74% | 0.80% | 0.90% | 1.02% | 1.06% |
| Carrollton | 1.10% | 1.19% | 1.19% | 1.19% | 1.24% |
| Dawn | 0.75% | 0.84% | 0.92% | 1.02% | 1.06% |
| De Witt | 0.84% | 0.91% | 1.07% | 1.25% | 1.25% |
| Hale | 0.92% | 1.07% | 1.15% | 1.15% | 1.16% |
| Hardin | 0.82% | 0.90% | 1.20% | 1.29% | 1.57% |
| Norborne | 0.92% | 1.11% | 1.51% | 1.52% | 1.53% |
| Tina | 0.88% | 1.03% | 1.12% | 1.12% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Carroll County, Missouri
In Carroll 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 Carroll 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 Carroll 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. For example, Hardin has the highest median tax bill at $1,790, while De Witt has the lowest at $422. Being aware of these valuation processes in Carroll County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Carroll County Assessed Value
$54,921
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carroll County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bogard | $6,319 | $20,605 | $41,350 | $79,564 | $124,825 |
| Bosworth | $5,944 | $18,490 | $41,788 | $84,432 | $166,583 |
| Braymer | $32,593 | $44,894 | $79,355 | $132,734 | $161,207 |
| Carrollton | $15,959 | $31,048 | $57,420 | $89,262 | $139,818 |
| Dawn | $26,720 | $42,200 | $69,992 | $111,838 | $146,062 |
| De Witt | $7,404 | $18,202 | $42,766 | $89,300 | $141,420 |
| Hale | $9,147 | $27,651 | $51,984 | $96,735 | $160,955 |
| Hardin | $27,830 | $50,409 | $133,281 | $174,762 | $192,838 |
| Norborne | $15,275 | $27,378 | $50,846 | $91,823 | $157,057 |
| Tina | $10,928 | $25,329 | $52,922 | $115,131 | $181,201 |
Source: Ownwell
Property Tax Bills Across Carroll County, Missouri
Property tax bills in Carroll County, MO, are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the tax rate set by various taxing authorities, such as school districts and municipalities. In Carroll County, the median home price is $54,921, which significantly impacts the tax bill. Homeowners can expect tax bills to range widely; for instance, the 25th percentile tax bill is $343, while the 75th percentile tax bill reaches $1,028, and the 90th percentile soars to $1,646. Comparatively, the national median property tax rate is 0.99%, which places Carroll County's tax burdens into perspective. The highest median tax bill in the county is found in Hardin at $1,790, while De Witt has the lowest at $422. These variations highlight how different factors, such as location and property value, influence the overall tax bill, affecting homeowners' financial responsibilities.
Average Carroll County Tax Bill
$634
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Carroll County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bogard | $94 | $276 | $487 | $910 | $1,299 |
| Bosworth | $79 | $238 | $476 | $897 | $1,617 |
| Braymer | $310 | $391 | $693 | $1,046 | $1,627 |
| Carrollton | $193 | $367 | $681 | $1,040 | $1,647 |
| Dawn | $256 | $386 | $597 | $996 | $1,373 |
| De Witt | $90 | $215 | $422 | $845 | $1,334 |
| Hale | $103 | $313 | $581 | $1,006 | $1,616 |
| Hardin | $311 | $483 | $1,790 | $2,355 | $2,514 |
| Norborne | $223 | $410 | $665 | $1,113 | $1,708 |
| Tina | $122 | $279 | $566 | $1,160 | $1,869 |
Source: Ownwell