Windyville, Missouri Property Taxes
The median property tax rate in Windyville, MO is 0.76%, lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $49,750 in Windyville, the typical annual property tax bill amounts to $380, which is significantly below the national median of $2,690. Property taxes in Windyville are calculated based on the tax assessed value, which is often less than the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Windyville'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 Windyville or another part of Dallas County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windyville, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$378
Ownwell’s Windyville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windyville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windyville 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 Windyville, Missouri
Property taxes in Windyville, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windyville is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Windyville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windyville 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. Understanding how these rates compare with other areas provides valuable insights into the varying tax landscape across Dallas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windyville Tax Rate
0.76%
Average Dallas County Tax Rate
0.78%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windyville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65783 | 0.60% | 0.73% | 0.76% | 0.80% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Windyville, Missouri
In Windyville, 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 Dallas 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 Windyville, 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. For example, the median home price in Windyville is $49,750, with tax bills ranging from $249 at the 25th percentile to $1,078 at the 90th percentile. 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 Windyville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Windyville Assessed Value
$49,750
Average Dallas County Assessed Value
$66,700
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windyville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65783 | $21,710 | $31,425 | $49,750 | $103,600 | $156,770 |
Source: Ownwell
Property Tax Bills Across Windyville, Missouri
In Windyville, located in Dallas County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence this calculation, including the property's location, size, and any applicable exemptions. For homeowners in Windyville, the median home price is $49,750. Tax bills can vary significantly, with the 25th percentile at $249 and the 75th percentile reaching $813. The 90th percentile tax bill is $1,078. These figures highlight the range of tax obligations homeowners can face. While the median tax bill in the area is $380, it is essential to note that this is lower than the national median property tax rate of 0.99%. Understanding how these factors interplay can help homeowners anticipate their tax liabilities and plan their finances accordingly. This system ensures that property taxes are fairly distributed based on the property's value and specific characteristics.
Average Windyville Tax Bill
$380
Average Dallas County Tax Bill
$511
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Windyville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65783 | $169 | $249 | $380 | $813 | $1,078 |
Source: Ownwell