Stoutland, Missouri Property Taxes
The median property tax rate in Stoutland, MO is 0.81%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $40,526 in Stoutland, the typical annual property tax bill is around $332, significantly below the national median of $2,690. Property taxes in Stoutland are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural properties. Gaining a thorough understanding of Stoutland's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're situated in the heart of Stoutland or another part of Camden County, being well-versed in the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stoutland, 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 Stoutland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stoutland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stoutland 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 Stoutland, Missouri
Property taxes in Stoutland, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stoutland is 0.81%, which is lower than the U.S. national median of 0.99%. Local government entities within Stoutland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stoutland 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 Stoutland's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65567 zip code has both the highest and lowest median property tax rate of 0.81%. Understanding how these areas compare with Stoutland provides valuable insights into the varying tax landscape across Camden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stoutland Tax Rate
0.81%
Average Camden County Tax Rate
0.84%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stoutland, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65567 | 0.81% | 0.81% | 0.81% | 0.81% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Stoutland, Missouri
In Stoutland, 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 Camden 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 Stoutland, 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. In Stoutland, the median home price is $40,526, with median tax bills ranging from $123 at the 25th percentile to $1,164 at the 90th percentile. The zip code 65567 has both the highest and lowest median tax bills at $332. Being aware of these valuation processes in Stoutland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Stoutland Assessed Value
$40,526
Average Camden County Assessed Value
$77,579
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stoutland, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65567 | $4,579 | $15,211 | $40,526 | $94,789 | $142,884 |
Source: Ownwell
Property Tax Bills Across Stoutland, Missouri
In Stoutland, 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 median home price in Stoutland is $40,526. Property taxes are determined by multiplying the assessed value by the local tax rate. The national median property tax rate is 0.99%, but local rates can vary. For example, the tax bill for the 25th percentile in Stoutland is $123, while the 75th percentile tax bill is $767, and the 90th percentile reaches $1,164. These variations are influenced by factors such as property location, improvements, and local government budgets. Homeowners in Stoutland can expect their property tax bills to reflect the assessed value of their homes and the specific tax rate applied by the county. This system ensures that property taxes contribute to local services and infrastructure, impacting homeowners by determining their annual financial obligations.
Average Stoutland Tax Bill
$332
Average Camden County Tax Bill
$645
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Stoutland, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65567 | $38 | $123 | $332 | $767 | $1,164 |
Source: Ownwell