Rogersville, Missouri Property Taxes
The median property tax rate in Rogersville, MO is 1.07%, slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With a median home value of $202,400 in Rogersville, the typical annual property tax bill amounts to $2,357, which is below the national median of $2,690. Property taxes here are calculated based on the assessed value, which is often less than the market value due to various exemptions, such as those for primary residences and agricultural properties. By understanding Rogersville's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve significant annual savings. Whether you're in the heart of Rogersville or another part of the city, a thorough understanding of the local property tax system can be highly beneficial.
Last Updated June 14, 2024
Rogersville, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,166
Ownwell’s Rogersville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Rogersville, MO with just two inputs. By entering your property's estimated assessed value, the calculator uses the median tax rate in Rogersville to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities. For those interested in more detailed trends at a neighborhood level, scroll down to find localized information. Your property’s assessed value is determined by Greene County for tax calculations, considering any applicable exemptions.
Property Tax Rates Across Rogersville, Missouri
Property taxes in Rogersville, Missouri, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Rogersville is 1.07%, which is higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Rogersville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rogersville 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 Rogersville's effective property tax rate to other areas in Missouri and the national median. For comparison, the 65742 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these areas compare with Rogersville provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rogersville Tax Rate
1.07%
Average Greene County Tax Rate
1.01%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rogersville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | 1.05% | 1.07% | 1.07% | 1.07% | 1.23% |
Source: Ownwell
Property Tax Assessment Values Across Rogersville, Missouri
In Rogersville, 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 Greene 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 Rogersville, 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. The median home price in Rogersville is $202,400, with tax bills ranging from $1,461 at the 25th percentile to $5,148 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Rogersville Assessed Value
$202,400
Average Greene County Assessed Value
$140,200
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rogersville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | $77,520 | $133,700 | $202,400 | $292,700 | $489,880 |
Source: Ownwell
Property Tax Bills Across Rogersville, Missouri
In Rogersville, Greene County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For instance, with a median home price of $202,400, homeowners can expect varying tax bills depending on their property's assessed value and applicable exemptions. Factors such as location within the county, property improvements, and local levies contribute to the final tax amount. The 25th percentile tax bill is around $1,461, while the 75th percentile reaches up to $3,257, and the 90th percentile can be as high as $5,148. These figures highlight the range of possible tax bills homeowners might face. Compared to the national median property tax rate of 0.99%, the tax rates in Rogersville can significantly impact homeowners' annual expenses. Understanding these variables helps homeowners plan and potentially appeal their property taxes to ensure fair assessments.
Average Rogersville Tax Bill
$2,357
Average Greene County Tax Bill
$1,465
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Rogersville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65742 | $833 | $1,461 | $2,357 | $3,257 | $5,148 |
Source: Ownwell