Kissee Mills, Missouri Property Taxes
The median property tax rate in Kissee Mills, MO is 0.94%, slightly below the national median of 0.99% but notably lower than the Missouri state median of 1.20%. With a median home value of $27,092 in Kissee Mills, the typical annual property tax bill amounts to just $249, significantly less than the national median of $2,690. Property taxes in Kissee Mills are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Kissee Mills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Kissee Mills 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
Kissee Mills, 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 Kissee Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kissee Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kissee Mills 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 Kissee Mills, Missouri
Property taxes in Kissee Mills, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kissee Mills is 0.94%, which is below the U.S. national median of 0.99%. Local government entities within Kissee Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kissee Mills 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 Kissee Mills' effective property tax rate to other areas in Missouri and the national median. For comparison, the 65680 zip code has the same median property tax rate of 0.94%. Understanding how these areas compare with Kissee Mills provides valuable insights into the varying tax landscape across Taney County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kissee Mills Tax Rate
0.94%
Average Taney County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kissee Mills, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65680 | 0.91% | 0.94% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Kissee Mills, Missouri
In Kissee Mills, 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 Taney 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 Kissee Mills, 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 Kissee Mills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $249 in zip code 65680, while the lowest is also $249 in the same zip code.
Average Kissee Mills Assessed Value
$27,092
Average Taney County Assessed Value
$44,055
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kissee Mills, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65680 | $2,369 | $6,817 | $27,092 | $69,844 | $119,959 |
Source: Ownwell
Property Tax Bills Across Kissee Mills, Missouri
In Kissee Mills, located in Taney County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Kissee Mills is $27,092. Property taxes here are relatively low compared to the national median property tax rate of 0.99%. The tax bill for homeowners in Kissee Mills varies significantly, with the 25th percentile at $63 and the 75th percentile at $644. The highest median tax bill in the area is $249, found in the 65680 zip code. Several factors influence the final tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. For homeowners, this means that even minor changes in assessed value or tax rates can impact their annual property tax bill. Understanding these factors is crucial for homeowners looking to manage their expenses effectively. Being aware of the local tax landscape can help homeowners anticipate and plan for their yearly financial obligations.
Average Kissee Mills Tax Bill
$249
Average Taney County Tax Bill
$449
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Kissee Mills, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65680 | $22 | $63 | $249 | $644 | $1,111 |
Source: Ownwell