Stilwell, Missouri Property Taxes
The median property tax rate in Stilwell, MO is 1.11%, which is higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Stilwell, the typical annual property tax bill reaches $5,920, surpassing the national median of $2,690. Property taxes in Stilwell 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 Stilwell'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 Stilwell 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
Stilwell, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$5,944
Ownwell’s Stilwell Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stilwell with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stilwell 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 Stilwell, Missouri
Property taxes in Stilwell, Missouri, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stilwell is 1.11%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Stilwell set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stilwell 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 Stilwell's effective property tax rate to other counties in Missouri and the national median. For comparison, the 66085 zip code has the highest median property tax rate of 1.11%, while the same zip code also has the lowest median tax rate of 1.11%. Understanding how these cities compare with Stilwell provides valuable insights into the varying tax landscape across Cass County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stilwell Tax Rate
1.11%
Average Cass County Tax Rate
1.46%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stilwell, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66085 | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% |
Source: Ownwell
Property Tax Assessment Values Across Stilwell, Missouri
In Stilwell, 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 local 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 Stilwell, 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 Stilwell helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both stand at $5,920 in the 66085 zip code, reflecting the uniformity in this region.
Average Stilwell Assessed Value
$535,510
Average Cass County Assessed Value
$149,060
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stilwell, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66085 | $535,510 | $535,510 | $535,510 | $535,510 | $535,510 |
Source: Ownwell
Property Tax Bills Across Stilwell, Missouri
In Stilwell, Cass County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $535,510, homeowners in Stilwell can expect a median tax bill of $5,920. Several factors influence the final tax bill, including the property's location within specific school districts, municipal services, and any applicable exemptions or deductions. Homeowners should be aware that these taxes fund essential public services such as schools, roads, and emergency services. Compared to the national median property tax rate of 0.99%, Stilwell's tax rate may seem higher, but it reflects the local government's commitment to maintaining high-quality public services. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Stilwell Tax Bill
$5,920
Average Cass County Tax Bill
$2,217
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Stilwell, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 66085 | $5,920 | $5,920 | $5,920 | $5,920 | $5,920 |
Source: Ownwell