Rombauer, Butler County, Missouri Property Taxes
The median property tax rate in Rombauer, MO is 0.70%, significantly lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $20,240 in Rombauer, the typical annual property tax bill is $142, which is well below the national median of $2,690. Property taxes in Rombauer are calculated based on the tax assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Rombauer's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Rombauer or another part of Butler County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rombauer, Butler County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.7%
Estimate Property Tax Bill
$142
$131
Ownwell’s Rombauer Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate annual property taxes in Rombauer with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Rombauer to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and plan your finances accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Rombauer, Butler County, Missouri
Property taxes in Rombauer, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rombauer is 0.70%, which is lower than the U.S. national median of 0.99%. Local government entities within Rombauer set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rombauer 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 Rombauer's effective property tax rate to other areas in Butler County and the national median. For comparison, the zip code 63901 has both the highest and lowest median property tax rate of 0.70%, indicating a uniformity within the region. Understanding how these areas compare with Rombauer provides valuable insights into the varying tax landscape across Butler County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rombauer Tax Rate
0.70%
Average Butler County Tax Rate
0.82%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rombauer, Butler County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63901 | 0.70% | 0.70% | 0.70% | 0.72% | 0.72% |
Source: Ownwell
Property Tax Assessment Values Across Rombauer, Butler County, Missouri
In Rombauer, 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 Butler 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 Rombauer, 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 Rombauer helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Rombauer are both $142, found in the 63901 zip code.
Property Tax Assessment Values Across Rombauer, Butler County, Missouri
Source: Ownwell
$20,240
$58,198
$96,155
Average Rombauer Assessed Value
$20,240
Average Butler County Assessed Value
$71,345
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rombauer, Butler County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63901 | $5,990 | $10,230 | $20,240 | $33,780 | $82,634 |
Source: Ownwell
Property Tax Bills Across Rombauer, Butler County, Missouri
In Rombauer, located in Butler County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and reflects a percentage of the home's market value. For homeowners in Rombauer, the median home price is $20,240. Property taxes are then calculated by applying the local tax rate to this assessed value. Several factors influence the final tax bill, including the property's location, its assessed value, and any applicable exemptions or deductions. For instance, tax bills in Rombauer can vary significantly, with the 25th percentile tax bill at $92 and the 75th percentile reaching $291. The 90th percentile tax bill is notably higher at $638, indicating a wide range in tax obligations among homeowners. Compared to the national median property tax rate of 0.99%, Rombauer's tax bills reflect the local economic conditions and property values. These taxes directly impact homeowners by funding essential public services such as schools, infrastructure, and emergency services, thereby contributing to the community's overall well-being.
Average Rombauer Tax Bill
$142
Average Butler County Tax Bill
$593
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Rombauer, Butler County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63901 | $52 | $92 | $142 | $291 | $638 |
Source: Ownwell