Curryville, Missouri Property Taxes
The median property tax rate in Curryville, MO is 0.82%, 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 $179,410 in Curryville, the typical annual property tax bill amounts to $1,497, falling below the national median of $2,690. Property taxes in Curryville 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 Curryville'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 Curryville or another part of Pike County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Curryville, 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 Curryville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Curryville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Curryville 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 Curryville, Missouri
Property taxes in Curryville, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Curryville is 0.82%, which is lower than the U.S. national median of 0.99%. Local government entities within Curryville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Curryville 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 Curryville's effective property tax rate to other areas in Pike County and the national median. For comparison, the 63339 zip code has both the highest and lowest median property tax rate of 0.82%, which is the same as Curryville's rate. Understanding how these areas compare with Curryville provides valuable insights into the varying tax landscape across Pike County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Curryville Tax Rate
0.82%
Average Pike County Tax Rate
1.04%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Curryville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63339 | 0.74% | 0.76% | 0.82% | 0.98% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Curryville, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Curryville, 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 Pike County Assessor's Office 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 Curryville, 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 Curryville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Curryville is $1,497 in the 63339 zip code, while the lowest median tax bill is also $1,497 in the same zip code.
Average Curryville Assessed Value
$179,410
Average Pike County Assessed Value
$71,050
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Curryville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63339 | $66,888 | $91,630 | $179,410 | $294,425 | $359,623 |
Source: Ownwell
Property Tax Bills Across Curryville, Missouri
In Curryville, located in Pike County, MO, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in Curryville is $179,410. Property taxes are calculated by multiplying the assessed value by the local tax rate. Factors such as property location, improvements, and local government budgets also influence the final tax bill. For homeowners in Curryville, the property tax bill can vary significantly. The 25th percentile tax bill is $768, while the 75th percentile reaches $2,291, and the 90th percentile hits $2,780. These variations highlight the impact of property value and local tax rates on individual tax bills. Compared to the national median property tax rate of 0.99%, Curryville's property taxes reflect the local economic conditions and government funding needs. Understanding these factors helps homeowners anticipate their annual property tax expenses and plan their finances accordingly.
Average Curryville Tax Bill
$1,497
Average Pike County Tax Bill
$720
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Curryville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63339 | $609 | $768 | $1,497 | $2,291 | $2,780 |
Source: Ownwell