Anniston, Missouri Property Taxes
The median property tax rate in Anniston, MO is 0.99%, aligning with the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Anniston at $13,100, the typical annual property tax bill reaches $166, significantly below the national median of $2,690. Property taxes in Anniston 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 Anniston'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 Anniston 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
Anniston, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.99%
Estimate Property Tax Bill
$130
Ownwell’s ANNISTON Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ANNISTON with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ANNISTON 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 Anniston, Missouri
Property taxes in Anniston, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Anniston is 0.99%, which aligns with the U.S. national median of 0.99%. Local government entities within Anniston set these rates annually, and they can vary significantly across different neighborhoods. Each year, Anniston 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 Anniston's effective property tax rate to other areas in Mississippi County and the national median. For comparison, the zip code 63820 has both the highest and lowest median property tax rate of 0.99%. Understanding how these areas compare with Anniston provides valuable insights into the varying tax landscape across Mississippi County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Anniston Tax Rate
0.99%
Average Mississippi County Tax Rate
1.02%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Anniston, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63820 | 0.98% | 0.99% | 0.99% | 1.00% | 1.04% |
Source: Ownwell
Property Tax Assessment Values Across Anniston, Missouri
In Anniston, 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 Mississippi 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 Anniston, 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 Anniston helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Anniston are both $166.00, found in the zip code 63820.
Average Anniston Assessed Value
$13,100
Average Mississippi County Assessed Value
$37,500
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Anniston, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63820 | $1,500 | $2,500 | $13,100 | $26,300 | $34,980 |
Source: Ownwell
Property Tax Bills Across Anniston, Missouri
Property tax bills in Anniston, located in Mississippi County, MO, are determined based on the assessed value of a property. The local tax rate is applied to this assessed value, which is a percentage of the property's market value. Homeowners in Anniston can expect their tax bills to vary significantly depending on the value of their property. For instance, the median home price in Anniston is $13,100, and tax bills can range from the 25th percentile at $36 to the 75th percentile at $292, with the 90th percentile reaching $426. These property tax bills are influenced by several factors, including property size, location, and improvements made to the property. Compared to the national median property tax rate of 0.99%, Anniston's tax rates are relatively low, making it an attractive location for homeowners looking for affordability. However, even within Anniston, tax bills can differ, as seen by the highest and lowest median tax bills both being $166 in the same zip code, 63820, highlighting localized variations.
Average Anniston Tax Bill
$166
Average Mississippi County Tax Bill
$433
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Anniston, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63820 | $16 | $36 | $166 | $292 | $426 |
Source: Ownwell