Ava, Missouri Property Taxes
The median property tax rate in Ava, MO is 0.60%, which is significantly 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 $73,600, the typical annual property tax bill amounts to $437, well below the national median of $2,690. Property taxes in Ava are calculated based on the tax assessed value, which often 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 significant annual savings. Whether you're in the heart of Ava 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
Ava, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$442
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 0.60%, which is 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 counties in Missouri and the national median. For comparison, the 65608 zip code has the highest median property tax rate of 0.60%, while the same zip code also has the lowest median tax rate of 0.60%. Understanding how these cities compare with Ava provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ava Tax Rate
0.60%
Average Douglas County Tax Rate
0.60%
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 | 0.55% | 0.58% | 0.60% | 0.62% | 0.69% |
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 Douglas County Assessor 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. The zip code 65608 in AVA has both the highest and lowest median tax bill at $437.
Average Ava Assessed Value
$73,600
Average Douglas County Assessed Value
$74,600
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 | $23,918 | $42,000 | $73,600 | $120,100 | $180,100 |
Source: Ownwell
Property Tax Bills Across Ava, Missouri
In AVA, Douglas County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to arrive at the tax bill. The median home price in AVA is $73,600. Homeowners in the 25th percentile of tax bills pay around $248 annually, while those in the 75th percentile pay approximately $715. The 90th percentile tax bill can reach up to $1,086. These figures highlight a range of property tax burdens within the city. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how local rates stack up. The highest and lowest median tax bills in AVA are both $437, indicating a relatively uniform tax rate across different areas of the city. These property taxes play a crucial role in funding local services, impacting homeowners by contributing to the overall cost of owning property in AVA.
Average Ava Tax Bill
$437
Average Douglas County Tax Bill
$445
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 | $138 | $248 | $437 | $715 | $1,086 |
Source: Ownwell