Tunas, Missouri Property Taxes
The median property tax rate in Tunas, MO is 0.94%, slightly below the national median of 0.99% and significantly lower than the Missouri state median of 1.20%. With a median home value of $107,842 in Tunas, the typical annual property tax bill amounts to $1,017, which is well below the national median of $2,690. Property taxes in Tunas are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Tunas'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 Tunas or another part of Camden County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Tunas, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$1,014
Ownwell’s Tunas Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tunas with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tunas 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 Tunas, Missouri
Property taxes in Tunas, Missouri, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tunas is 0.94%, slightly lower than the U.S. national median of 0.99%. Local government entities within Tunas set these rates annually, and they can vary across different neighborhoods. Each year, Tunas 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 Tunas's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65764 zip code has both the highest and lowest median property tax rate of 0.94%. Understanding how these cities compare with Tunas 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 Tunas Tax Rate
0.94%
Average Camden County Tax Rate
0.84%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Tunas, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65764 | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
Source: Ownwell
Property Tax Assessment Values Across Tunas, Missouri
In Tunas, 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 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 Tunas, 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 Tunas helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 65764 has the highest and lowest median tax bills at $1,017, highlighting the uniformity in property tax burdens across the area.
Average Tunas Assessed Value
$107,842
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 Tunas, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65764 | $107,842 | $107,842 | $107,842 | $107,842 | $107,842 |
Source: Ownwell
Property Tax Bills Across Tunas, Missouri
In Tunas, located in 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 Tunas is $107,842. Property taxes are applied to this assessed value to determine the tax bill. The median tax bill in Tunas is $1,017, which aligns with the 25th, 75th, and 90th percentiles, indicating a consistent tax rate across different property values. Several factors influence the tax bill, including the home's assessed value, local tax rates, and any applicable exemptions. Homeowners in Tunas might find their property taxes relatively manageable compared to the national median property tax rate of 0.99%. The consistent tax bill across various percentiles suggests a stable tax environment, providing predictability for homeowners. This stability can be beneficial for budgeting and long-term financial planning, making Tunas an attractive place for property investment.
Average Tunas Tax Bill
$1,017
Average Camden County Tax Bill
$645
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Tunas, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65764 | $1,017 | $1,017 | $1,017 | $1,017 | $1,017 |
Source: Ownwell