Adrian, Bates County, Missouri Property Taxes
Median ADRIAN, MO effective property tax rate: 1.02%, significantly lower than the Missouri state median of 1.20%, and equal to the national median of 1.02%.
Median ADRIAN, MO home value: $84,500
Median annual ADRIAN, MO tax bill: $872, $1,528 lower than the national median property tax bill of $2,400.
How are property taxes in Bates calculated?
Property taxes in ADRIAN, MO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding ADRIAN’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ADRIAN, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Adrian, Bates County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$862
$800
Property Tax Rates Across Adrian, Bates County, Missouri
Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Adrian’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
In Adrian, located in Bates County, the property tax rate aligns closely with the national median of 1.02%. This rate is indicative of the county's fiscal policies and the value of services provided to the community. With property tax rates being a crucial factor for homeowners, understanding how Adrian compares to other regions can be beneficial. Whether you're a current resident or considering a move, staying informed about property tax trends is essential for financial planning and making informed real estate decisions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Adrian Tax Rate
1.02%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bates County Tax Rate
1.06%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Adrian, Bates County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64720 | 0.86% | 0.95% | 1.02% | 1.10% | 1.16% |
Source: Ownwell
Property Tax Assessment Values Across Adrian, Bates County, Missouri
When examining property taxes in Adrian, MO, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bates County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bates County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Adrian.
For example, the median home price in Adrian is $84,500, with tax bills ranging significantly across the county. Zip code 64720 has the highest median home price at $84,500.
Property Tax Assessment Values Across Adrian, Bates County, Missouri
Source: Ownwell
$24,550
$69,900
$115,250
Median Adrian Market Value
$84,500
Median Bates County Market Value
$68,300
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Adrian, Bates County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64720 | $29,132 | $49,900 | $84,500 | $140,600 | $213,240 |
Source: Ownwell
Property Tax Bills Across Adrian, Bates County, Missouri
Median Adrian Tax Bill
$872
Median Bates County Tax Bill
$704
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Adrian, Bates County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64720 | $343 | $543 | $872 | $1,380 | $2,067 |
Source: Ownwell