Ponce De Leon, Missouri Property Taxes
The median property tax rate in Ponce de Leon, MO is 0.96%, slightly lower than the national median of 0.99% and significantly below the Missouri state median of 1.20%. With the median home value in Ponce de Leon at $19,700, the typical annual property tax bill amounts to just $188, well below the national median of $2,690. Property taxes in Ponce de Leon are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Ponce de Leon'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 Ponce de Leon or another part of Stone County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ponce De Leon, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.96%
Estimate Property Tax Bill
$189
Ownwell’s Ponce de Leon Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ponce de Leon with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Ponce de Leon to provide an estimate of your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, scrolling down reveals more localized information. Your property’s assessed value is determined by the county for property tax calculations, considering any applicable exemptions.
Property Tax Rates Across Ponce De Leon, Missouri
Property taxes in Ponce de Leon, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ponce de Leon is 0.96%, slightly lower than the U.S. national median of 0.99%. Local government entities within Ponce de Leon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ponce de Leon 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 Ponce de Leon's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 65728 has both the highest and lowest median property tax rate of 0.96%. Understanding how these cities compare with Ponce de Leon provides valuable insights into the varying tax landscape across Stone County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ponce De Leon Tax Rate
0.96%
Average Stone County Tax Rate
0.93%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ponce De Leon, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65728 | 0.88% | 0.95% | 0.96% | 0.96% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Ponce De Leon, Missouri
In Ponce de Leon, 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 Stone 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 Ponce de Leon, 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 Ponce de Leon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Ponce de Leon is $19,700. The tax bills vary significantly, with the 25th percentile at $139 and the 75th percentile at $331. The highest median tax bill is $188 in the 65728 zip code.
Average Ponce De Leon Assessed Value
$19,700
Average Stone County Assessed Value
$50,150
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ponce De Leon, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65728 | $7,180 | $14,450 | $19,700 | $34,450 | $53,860 |
Source: Ownwell
Property Tax Bills Across Ponce De Leon, Missouri
In Ponce de Leon, located in Stone County, MO, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. Homeowners can expect their tax bill to be influenced by several factors, including the property's assessed value and the local tax rate. The median home price in Ponce de Leon is $19,700, which serves as a baseline for determining tax assessments. The tax bills in this region vary significantly. For instance, at the 25th percentile, homeowners might pay around $139, while those in the 75th percentile could see bills closer to $331. At the 90th percentile, tax bills can reach up to $513. These variations highlight how different property values and local tax rates impact individual tax burdens. Comparatively, the national median property tax rate is 0.99%, and understanding these local nuances is essential for homeowners looking to budget and plan for their annual expenses.
Average Ponce De Leon Tax Bill
$188
Average Stone County Tax Bill
$460
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Ponce De Leon, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65728 | $66 | $139 | $188 | $331 | $513 |
Source: Ownwell