Windsor, Missouri Property Taxes
The median property tax rate in Windsor, MO is 1.02%, slightly higher than the national median of 0.99% but below Missouri's state median of 1.20%. With a median home value of $27,000 in Windsor, the typical annual property tax bill amounts to $253, which is significantly lower than the national median of $2,690. Property taxes in Windsor are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Windsor'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 Windsor or another part of Henry County, mastering the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Windsor, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$275
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, Missouri
Property taxes in Windsor, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 1.02%, which is higher than the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65360 zip code has the highest median property tax rate of 1.02%, while the 65360 zip code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Windsor provides valuable insights into the varying tax landscape across Henry County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
1.02%
Average Henry County Tax Rate
0.95%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65360 | 0.79% | 0.86% | 1.02% | 1.02% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, Missouri
In Windsor, 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 Henry 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 Windsor, 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 instance, the median home price in Windsor is $27,000, with tax bills ranging from $126 at the 25th percentile to $1,107 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 Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Windsor Assessed Value
$27,000
Average Henry County Assessed Value
$36,250
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65360 | $6,820 | $12,800 | $27,000 | $66,450 | $109,860 |
Source: Ownwell
Property Tax Bills Across Windsor, Missouri
In Windsor, located in Henry County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and represents a percentage of the property's market value. Homeowners in Windsor face varying tax bills depending on their property's assessed value. For instance, the median home price in Windsor is $27,000. Tax bills in Windsor can range significantly. At the 25th percentile, homeowners might see a tax bill of around $126, while those at the 75th percentile could face a tax bill of approximately $580. For the top 10% of homeowners, tax bills can go up to $1,107. These figures indicate how property tax bills can vary widely within the same area, affecting homeowners differently based on their property's assessed value. Comparatively, Windsor's tax rates are influenced by local policies and the need to fund community services, impacting homeowners' annual financial obligations.
Average Windsor Tax Bill
$253
Average Henry County Tax Bill
$369
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65360 | $76 | $126 | $253 | $580 | $1,107 |
Source: Ownwell