Lake Ozark, Camden County, Missouri Property Taxes
Median LAKE OZARK, MO effective property tax rate: 1.02%, aligning with the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median LAKE OZARK, MO home value: $96,737
Median annual LAKE OZARK, MO tax bill: $982, $1,418 lower than the national median property tax bill of $2,400.
How are property taxes in Camden calculated?
Property taxes in LAKE OZARK, 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 LAKE OZARK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LAKE OZARK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lake Ozark, Camden County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$987
$916
Property Tax Rates Across Lake Ozark, Camden County, Missouri
Local government entities in Missouri are responsible for setting property tax rates, which can vary significantly from one area to another. This variation is due to each county's process of estimating the necessary budget to provide public services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation to determine tax rates and budgets, this is essentially how it works annually.
In Lake Ozark, located in Camden County, the effective property tax rate is a key point of comparison for property owners. When compared to other cities in Missouri and the national median property tax rates, Lake Ozark's rate offers insights into the local tax burden. The national median property tax rate stands at 1.02%, with a median tax bill of $2,400. Understanding how Lake Ozark's rates align with these figures can help property owners make informed decisions about their investments and financial planning.
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 Lake Ozark 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 Camden County Tax Rate
0.84%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lake Ozark, Camden County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65049 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Lake Ozark, Camden County, Missouri
When examining property taxes in Lake Ozark, 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 Camden County Assessor 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 Camden 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 Lake Ozark. For example, the median home price in Lake Ozark is $96,737, with tax bills ranging significantly across the county. 65049 has the highest median home price at $96,737.
Property Tax Assessment Values Across Lake Ozark, Camden County, Missouri
Source: Ownwell
$33,737
$74,027
$114,316
Median Lake Ozark Market Value
$96,737
Median Camden County Market Value
$77,579
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lake Ozark, Camden County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65049 | $3,316 | $8,579 | $96,737 | $167,789 | $296,526 |
Source: Ownwell
Property Tax Bills Across Lake Ozark, Camden County, Missouri
In Lake Ozark, Camden County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate is applied to this assessed value to determine the final tax bill. Homeowners in Lake Ozark experience a range of property tax bills, with the 25th percentile at $85 and the 75th percentile at $1,701. The 90th percentile reaches $2,976, highlighting the variability in tax burdens. Compared to the national median property tax bill of $2,400, Lake Ozark's figures illustrate a significant range, with some homeowners enjoying lower-than-average bills. Factors influencing these variations include property size, location, and any applicable exemptions.
Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market trends, Ownwell ensures homeowners pay only their fair share, potentially reducing their tax bills significantly. This service is particularly valuable in areas like Lake Ozark, where disparities in tax bills can impact household budgets.
Median Lake Ozark Tax Bill
$982
Median Camden County Tax Bill
$645
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Lake Ozark, Camden County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65049 | $34 | $85 | $982 | $1,701 | $2,976 |
Source: Ownwell