Village Of Loch Lloyd, Cass County, Missouri Property Taxes

Name: Property Tax Bills Across Village Of Loch Lloyd, Cass County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Village of Loch Lloyd, MO effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Village of Loch Lloyd, MO home value: $610,570
Median annual Village of Loch Lloyd, MO tax bill: $7,590, $5,190 higher than the national median property tax bill of $2,400.

How are property taxes in Cass County calculated?

Property taxes in Village of Loch Lloyd, 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 Village of Loch Lloyd’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Village of Loch Lloyd, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Village Of Loch Lloyd, Cass County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.24%

Estimate Property Tax Bill

$7,571

$7,026

Ownwell’s Village of Loch Lloyd Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Village of Loch Lloyd with just two data points. By entering your property's estimated assessed value, our calculator applies Village of Loch Lloyd’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cass County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Village Of Loch Lloyd, Cass County, Missouri

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In the Village of Loch Lloyd in Cass County, Missouri, the effective property tax rate is a reflection of this process. Missouri's median property tax rate is 1.24%, which is above the national median of 1.02%. This means that residents in Missouri generally pay more in property taxes compared to the national average. Comparing the Village of Loch Lloyd to other cities in Missouri, the property tax rate is consistent with the state’s median, indicating a uniformity within the region. This can be an important consideration for homeowners when evaluating their property tax liabilities. Understanding these rates helps homeowners make informed decisions about their property investments and manage their financial planning effectively.

Property Tax Rates Across Village Of Loch Lloyd, Cass County, Missouri

Source: Ownwell

1.15%

1.44%

1.73%

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 Village Of Loch Lloyd Tax Rate

1.24%

Median Effective Cass County Tax Rate

1.46%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Village Of Loch Lloyd, Cass County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
64012	1.24%	1.24%	1.24%	1.24%	1.24%

Source: Ownwell

Property Tax Assessment Values Across Village Of Loch Lloyd, Cass County, Missouri

When examining property taxes in Village of Loch Lloyd, 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 Cass County appraisal district 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. Assessment notices: In Cass County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Village of Loch Lloyd. For example, the median home price in Village of Loch Lloyd is $610,570, with tax bills ranging significantly across the county. Zip code 64012 has the highest median home price at $610,570.

Property Tax Assessment Values Across Village Of Loch Lloyd, Cass County, Missouri

Source: Ownwell

$48,030

$329,300

$610,570

Median Village Of Loch Lloyd Market Value

$610,570

Median Cass County Market Value

$149,060

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Village Of Loch Lloyd, Cass County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
64012	$356,040	$487,345	$610,570	$775,800	$1,010,722

Source: Ownwell

Property Tax Bills Across Village Of Loch Lloyd, Cass County, Missouri

In the Village of Loch Lloyd, Missouri, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Cass County experience a range of tax bills, with the 25th percentile at $6,059 and the 75th percentile at $9,633. The 90th percentile reaches $13,039, highlighting the variability in tax obligations. Compared to the national median property tax bill of $2,400, homeowners in this area face significantly higher taxes, reflecting the region's higher property values and tax rates.

Factors influencing property tax bills include the property's assessed value, local tax rates, and applicable exemptions. Higher property values typically lead to increased tax bills, impacting homeowners' financial planning. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging local expertise and data-driven strategies, Ownwell helps ensure that property assessments are fair and accurate, potentially reducing tax burdens. This service is especially valuable in high-tax areas like the Village of Loch Lloyd, where every dollar saved can make a substantial difference.

Property Tax Bills Across Village Of Loch Lloyd, Cass County, Missouri

Source: Ownwell

$726

$5,258

$9,789

Median Village Of Loch Lloyd Tax Bill

$7,590

Median Cass County Tax Bill

$2,217

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Village Of Loch Lloyd, Cass County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
64012	$4,453	$6,059	$7,590	$9,633	$13,039

Source: Ownwell