Belle, Missouri Property Taxes
The median property tax rate in Belle, MO is 0.89%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $57,700, the typical annual property tax bill in Belle amounts to $548, significantly below the national median of $2,690. Property taxes in Belle are calculated based on the assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Belle'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 Belle or another part of Maries County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belle, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.89%
Estimate Property Tax Bill
$514
Ownwell’s BELLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in BELLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in BELLE 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 Belle, Missouri
Property taxes in Belle, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belle is 0.89%, which is lower than the U.S. national median of 0.99%. Local government entities within Belle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belle 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 Belle's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65013 zip code has the highest median property tax rate of 0.89%, while the 65013 zip code also has the lowest median tax rate of 0.89%. Understanding how these cities compare with Belle provides valuable insights into the varying tax landscape across Maries County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belle Tax Rate
0.89%
Average Maries County Tax Rate
0.89%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belle, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65013 | 0.79% | 0.86% | 0.89% | 1.05% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Belle, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Belle, 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 Maries 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 Belle, 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 Belle helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Belle are both $548, found in the 65013 zip code.
Average Belle Assessed Value
$57,700
Average Maries County Assessed Value
$66,000
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belle, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65013 | $8,580 | $30,975 | $57,700 | $97,250 | $150,670 |
Source: Ownwell
Property Tax Bills Across Belle, Missouri
In Belle, located in Maries County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if the median home price is $57,700, the assessed value is determined by applying the state's assessment ratio to this market value. The tax rate is then applied to this assessed value to determine the annual property tax bill. Several factors influence the final tax bill, including the home's location, its assessed value, and the local tax rate. In Belle, the 25th percentile tax bill is $298, while the 75th percentile reaches $905, and the 90th percentile climbs to $1,403. This variation reflects differences in property values and assessment practices within the area. Homeowners in Belle should be aware that their property tax bills can significantly impact their annual expenses, influencing decisions on purchasing or maintaining a home. Compared to the national median property tax rate of 0.99%, Belle's property taxes can be relatively modest, making it an attractive option for budget-conscious homeowners.
Average Belle Tax Bill
$548
Average Maries County Tax Bill
$586
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Belle, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65013 | $84 | $298 | $548 | $905 | $1,403 |
Source: Ownwell