Emden, Missouri Property Taxes
The median property tax rate in EMDEN, MO, is 0.75%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $52,000 in EMDEN, the typical annual property tax bill amounts to $435, significantly below the national median of $2,690. Property taxes in EMDEN are determined based on the tax assessed value, which is generally less than the market value due to various exemptions, such as those for primary residences and agricultural properties. Grasping the intricacies of EMDEN's property tax system, leveraging available exemptions, and pinpointing opportunities for reductions can result in substantial yearly savings. Whether you reside in the heart of EMDEN or another part of Shelby County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors alike.
Last Updated June 14, 2024
Emden, 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 EMDEN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EMDEN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EMDEN 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 Emden, Missouri
Property taxes in Emden, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Emden is 0.75%, lower than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Emden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Emden 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 Emden's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63439 zip code has the highest median property tax rate of 0.75%, while the same zip code also has the lowest median tax rate of 0.75%. Understanding how these cities compare with Emden provides valuable insights into the varying tax landscape across Shelby County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Emden Tax Rate
0.75%
Average Shelby County Tax Rate
0.87%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Emden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63439 | 0.68% | 0.68% | 0.75% | 0.90% | 1.01% |
Source: Ownwell
Property Tax Assessment Values Across Emden, Missouri
In Emden, 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 Shelby 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 Emden, 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. The median home price in Emden is $52,000, with tax bills ranging from $187 at the 25th percentile to $1,771 at the 90th percentile. The highest and lowest median tax bills are both $435 in the 63439 zip code. Being aware of these valuation processes in Emden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Emden Assessed Value
$52,000
Average Shelby County Assessed Value
$56,500
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Emden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63439 | $19,700 | $24,400 | $52,000 | $87,700 | $212,500 |
Source: Ownwell
Property Tax Bills Across Emden, Missouri
In EMDEN, located in Shelby 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 $52,000, the assessed value is determined by applying the state's assessment ratio. The property tax rate is then applied to this assessed value to calculate the tax bill. Several factors influence the final tax bill, including the property’s market value, local tax rates, and any applicable exemptions. Homeowners in EMDEN experience a range of tax bills, with the 25th percentile at $187 and the 75th percentile at $742. At the 90th percentile, tax bills can reach up to $1,771, reflecting variations in property values and local tax levies. Compared to the national median property tax rate of 0.99%, EMDEN's property tax bills can be considered moderate, impacting homeowners' annual expenses and potentially influencing decisions on homeownership and property investments.
Average Emden Tax Bill
$435
Average Shelby County Tax Bill
$514
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Emden, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63439 | $128 | $187 | $435 | $742 | $1,771 |
Source: Ownwell