Amazonia, Andrew County, Missouri Property Taxes
The median property tax rate in Amazonia, MO is 1.14%, slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Amazonia at $65,420, the typical annual property tax bill is around $703, which is below the national median of $2,690. Property taxes in Amazonia are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding Amazonia'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 Amazonia or elsewhere in Andrew County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amazonia, Andrew County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.14%
Estimate Property Tax Bill
$746
$692
Ownwell’s Amazonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amazonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amazonia 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 Amazonia, Andrew County, Missouri
Property taxes in Amazonia, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amazonia is 1.14%, higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Amazonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amazonia 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 Amazonia's effective property tax rate to other counties in Missouri and the national median. For comparison, the 64421 zip code has the highest median property tax rate of 1.14%, while the 64421 zip code also has the lowest median tax rate of 1.14%. Understanding how these cities compare with Amazonia provides valuable insights into the varying tax landscape across Andrew County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amazonia Tax Rate
1.14%
Average Andrew County Tax Rate
1.22%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amazonia, Andrew County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64421 | 0.94% | 1.10% | 1.14% | 1.20% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Amazonia, Andrew County, Missouri
In Amazonia, 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 Andrew County Assessor 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 Amazonia, 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 Amazonia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Andrew County is found in zip code 64421, amounting to $703.00.
Property Tax Assessment Values Across Amazonia, Andrew County, Missouri
Source: Ownwell
$48,030
$174,195
$300,360
Average Amazonia Assessed Value
$65,420
Average Andrew County Assessed Value
$108,235
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amazonia, Andrew County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64421 | $7,599 | $27,155 | $65,420 | $114,855 | $169,123 |
Source: Ownwell
Property Tax Bills Across Amazonia, Andrew County, Missouri
In Amazonia, located in Andrew County, MO, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of its market value. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the home's market value, local tax rates, and any applicable exemptions or abatements. Homeowners in Amazonia experience a range of tax bills, with the 25th percentile paying around $301 annually, while those in the 75th percentile pay approximately $1,266. At the higher end, the 90th percentile sees tax bills reaching up to $1,888. The median home price in Amazonia is $65,420, which influences the overall tax burden relative to the national median property tax rate of 0.99%. For homeowners, understanding these factors is crucial as it directly impacts their annual financial obligations and long-term property affordability.
Average Amazonia Tax Bill
$703
Average Andrew County Tax Bill
$1,278
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Amazonia, Andrew County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64421 | $93 | $301 | $703 | $1,266 | $1,888 |
Source: Ownwell