Stella, Missouri Property Taxes
The median property tax rate in Stella, MO is 0.77%, which is notably lower than both the national median of 0.99% and Missouri's state median of 1.20%. Given the median home value in Stella, the typical annual property tax bill amounts to $536, significantly below the national median of $2,690. Property taxes in Stella are determined based on the tax assessed value, which is generally lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. By comprehending Stella's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve substantial annual savings. Whether you reside in the bustling center of Stella or its quieter outskirts, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Stella, Missouri Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,400
Ownwell’s Stella Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Stella. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Stella to provide an estimate of your property tax bill. This can help you better understand your potential tax liabilities. For those interested in more detailed information, neighborhood-level trends are also available for deeper insights. Your property’s assessed value is determined by the county and takes into account any applicable exemptions, ensuring an accurate calculation for property tax purposes.
Property Tax Rates Across Stella, Missouri
Property taxes in Stella, Missouri, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stella is 0.77%, which is below the U.S. national median of 0.99%. Local government entities within Stella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stella 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 Stella's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 64867 has both the highest and lowest median property tax rate of 0.77%. Understanding how these areas compare with Stella provides valuable insights into the varying tax landscape across McDonald County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stella Tax Rate
0.77%
Average Mcdonald County Tax Rate
0.75%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stella, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64867 | 0.67% | 0.73% | 0.77% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Stella, Missouri
In Stella, 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 McDonald 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 Stella, 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 Stella helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 64867 has both the highest and lowest median tax bill at $536, offering insights into the variability within the region.
Average Stella Assessed Value
$71,780
Average Mcdonald County Assessed Value
$63,020
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stella, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64867 | $29,860 | $41,555 | $71,780 | $121,525 | $206,848 |
Source: Ownwell
Property Tax Bills Across Stella, Missouri
In Stella, located in McDonald County, MO, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The median home price in Stella is $71,780, and the tax rate is applied to this assessed value to determine your annual tax bill. Several factors influence your property tax bill, including the local tax rate and any applicable exemptions. For homeowners in Stella, the tax bill can vary significantly. The 25th percentile of tax bills is around $320, while the 75th percentile reaches up to $910. At the 90th percentile, homeowners might see tax bills as high as $1,547. The highest and lowest median tax bills in the area are both $536, indicating a relatively consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Stella’s property taxes can be quite manageable, making it an attractive area for homeowners looking for affordability in their annual property tax obligations.
Average Stella Tax Bill
$536
Average Mcdonald County Tax Bill
$473
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Stella, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64867 | $214 | $320 | $536 | $910 | $1,547 |
Source: Ownwell