Kidder, Missouri Property Taxes
The median property tax rate in Kidder, MO is 1.27%, higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Kidder at $79,390, the typical annual property tax bill reaches $1,003, surpassing the national median of $2,690. Property taxes in Kidder are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Kidder'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 Kidder 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
Kidder, 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 Kidder Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kidder with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kidder 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 Kidder, Missouri
Property taxes in Kidder, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kidder is 0.99%, aligning exactly with the U.S. national median of 0.99%. Local government entities within Kidder set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kidder 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 Kidder's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 64649 has both the highest and lowest median property tax rate of 0.99%, identical to Kidder's rate. Understanding how these cities compare with Kidder provides valuable insights into the varying tax landscape across Caldwell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kidder Tax Rate
1.27%
Average Caldwell County Tax Rate
1.16%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kidder, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64649 | 1.01% | 1.14% | 1.27% | 1.44% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Kidder, Missouri
In Kidder, 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 Caldwell County Appraisal District 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 Kidder, 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 Kidder helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $1,003, found in the 64649 zip code.
Average Kidder Assessed Value
$79,390
Average Caldwell County Assessed Value
$73,285
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kidder, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64649 | $22,618 | $48,058 | $79,390 | $131,820 | $207,702 |
Source: Ownwell
Property Tax Bills Across Kidder, Missouri
In Kidder, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The assessed value is typically a percentage of the property's market value. For instance, if the median home price in Kidder is $79,390, the assessed value will be a fraction of this amount, depending on local regulations. The tax rate is then applied to this assessed value to determine the annual property tax bill. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the local tax rate. In Kidder, the 25th percentile tax bill is around $631, while the 75th percentile reaches approximately $1,484. Those in the 90th percentile can expect to pay up to $2,456. These property taxes significantly impact homeowners, as they represent a recurring expense that must be budgeted for annually. When compared to the national median property tax rate of 0.99%, Kidder's rates can vary but tend to fall within a reasonable range, reflecting the local economic conditions and public service funding needs.
Average Kidder Tax Bill
$1,003
Average Caldwell County Tax Bill
$850
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Kidder, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64649 | $342 | $631 | $1,003 | $1,484 | $2,456 |
Source: Ownwell