Atlanta, Missouri Property Taxes
The median property tax rate in Atlanta, MO is 1.05%, slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Atlanta, the typical annual property tax bill reaches $649, significantly below the national median of $2,690. Property taxes in Atlanta 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 Atlanta'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 Atlanta 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
Atlanta, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$624
Ownwell’s Atlanta Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Atlanta with just two data points. Simply enter your property's estimated assessed value, and the calculator will apply the median tax rate in Atlanta to provide an estimate of your property tax bill. This invaluable tool helps you grasp potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available below. Your property’s assessed value is determined by the county for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Atlanta, Missouri
Property taxes in Atlanta, Missouri, play a crucial role in funding essential local services, including public schools, road maintenance, and emergency services. The median tax rate in Atlanta is 1.05%, which is higher than the U.S. national median of 0.99%. Local government entities within Atlanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atlanta 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 Atlanta's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 63530 has the highest median property tax rate of 1.05%, while the same zip code has the lowest median tax rate of 1.05%. Understanding how these cities compare with Atlanta provides valuable insights into the varying tax landscape across Macon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atlanta Tax Rate
1.05%
Average Macon County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atlanta, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63530 | 0.74% | 0.83% | 1.05% | 1.24% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Atlanta, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Atlanta, Missouri. 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 Macon 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 Atlanta, 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 Atlanta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $649 in the 63530 zip code, while the lowest median tax bill is also $649 in the same zip code.
Average Atlanta Assessed Value
$59,460
Average Macon County Assessed Value
$49,737
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atlanta, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63530 | $19,184 | $33,768 | $59,460 | $100,206 | $145,315 |
Source: Ownwell
Property Tax Bills Across Atlanta, Missouri
In Atlanta, Macon County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $59,460. Once the assessed value is determined, the local tax rate is applied to calculate the annual tax bill. Factors such as property location, improvements, and exemptions can influence the assessed value and, consequently, the tax bill. Homeowners in Atlanta can expect a range of tax bills. For instance, the 25th percentile tax bill is $398, while the 75th percentile tax bill reaches $868. At the 90th percentile, homeowners might see a tax bill as high as $1,226. These figures highlight the variability in property tax obligations, which can significantly impact household budgets. Comparing this to the national median property tax rate of 0.99%, residents in Atlanta can gauge how their tax responsibilities measure up against broader benchmarks. This understanding helps homeowners plan and manage their financial commitments more effectively.
Average Atlanta Tax Bill
$649
Average Macon County Tax Bill
$506
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Atlanta, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63530 | $215 | $398 | $649 | $868 | $1,226 |
Source: Ownwell