Adair County, Missouri Property Taxes
The median property tax rate in Adair County is 1.16%, which is slightly higher than the national median of 0.99% but lower than Missouri's state median of 1.20%. With a median home value of $82,060, the typical annual property tax bill in Adair County is around $893, significantly below the national median of $2,690. Property taxes in Adair County are determined based on the assessed value, which is often less than the actual market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Adair County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can lead to substantial annual savings. Whether you reside in Kirksville or another part of Adair County, gaining a comprehensive understanding of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adair County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.16%
Estimate Property Tax Bill
$952
$883
Ownwell’s Adair County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Adair County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Adair County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Adair County, Missouri
Property taxes in Adair County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Adair County is 1.16%, which is higher than the U.S. national median of 0.99%. Local government entities within Adair County set these rates annually, and they can vary significantly between different areas within the county. Each year, Adair County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Kirksville has one of the higher property tax rates in the region at 1.17%, while the city of La Plata boasts one of the lowest at 0.73%. Analyzing how Adair County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Adair County Tax Rate
1.16%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adair County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brashear | 0.61% | 0.66% | 0.89% | 1.03% | 1.61% |
| Gibbs | 0.61% | 0.66% | 0.87% | 1.13% | 1.86% |
| Green Castle | 0.62% | 0.70% | 0.89% | 0.96% | 0.98% |
| Greentop | 0.61% | 0.67% | 0.89% | 1.00% | 1.03% |
| Hurdland | 0.62% | 0.64% | 0.79% | 0.92% | 0.96% |
| Kirksville | 0.90% | 1.03% | 1.17% | 1.23% | 1.26% |
| La Plata | 0.55% | 0.63% | 0.73% | 0.87% | 0.95% |
| New Boston | N/A | N/A | N/A | N/A | N/A |
| Novinger | 0.62% | 0.72% | 0.93% | 1.02% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Adair County, Missouri
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Adair County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Adair County Appraisal District. The assessed value, however, 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. Assessment notices in Adair County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, New Boston has the highest median tax bill at $1,241, while Gibbs has the lowest at $297. Being aware of these valuation processes in Adair County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Adair County Assessed Value
$82,060
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adair County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brashear | $9,695 | $23,565 | $60,295 | $122,600 | $188,485 |
| Gibbs | $5,654 | $14,492 | $28,790 | $101,558 | $189,725 |
| Green Castle | $11,890 | $26,995 | $59,710 | $124,270 | $203,895 |
| Greentop | $19,904 | $51,405 | $101,650 | $154,165 | $218,708 |
| Hurdland | $39,854 | $54,180 | $88,200 | $163,890 | $262,814 |
| Kirksville | $31,040 | $50,780 | $86,170 | $140,375 | $208,540 |
| La Plata | $18,461 | $48,270 | $94,315 | $167,305 | $253,069 |
| New Boston | N/A | N/A | N/A | N/A | N/A |
| Novinger | $5,820 | $14,395 | $39,070 | $95,605 | $160,770 |
Source: Ownwell
Property Tax Bills Across Adair County, Missouri
In Adair County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county uses this assessed value to determine the tax bill by applying the local tax rate. For homeowners in Adair County, the median home price is $82,060. Property tax bills can vary significantly depending on the home's value and location within the county. For instance, the 25th percentile tax bill is $483, while the 75th percentile tax bill reaches $1,464, and the 90th percentile tax bill climbs to $2,146. Adair County's property tax rates can influence the financial burden on homeowners. For example, New Boston has the highest median tax bill at $1,241, whereas Gibbs has the lowest at $297. Compared to the national median property tax rate of 0.99%, the rates in Adair County can be more or less burdensome, affecting how much homeowners need to budget annually for property taxes. Understanding these factors helps homeowners anticipate their tax obligations and manage their finances accordingly.
Average Adair County Tax Bill
$893
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Adair County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brashear | $125 | $265 | $564 | $1,076 | $1,740 |
| Gibbs | $80 | $146 | $297 | $948 | $1,764 |
| Green Castle | $109 | $225 | $479 | $1,176 | $1,845 |
| Greentop | $167 | $423 | $841 | $1,400 | $2,016 |
| Hurdland | $328 | $511 | $754 | $1,493 | $1,737 |
| Kirksville | $358 | $581 | $977 | $1,553 | $2,271 |
| La Plata | $168 | $303 | $689 | $1,366 | $2,057 |
| New Boston | N/A | N/A | N/A | N/A | N/A |
| Novinger | $68 | $164 | $387 | $870 | $1,499 |
Source: Ownwell