Bradleyville, Christian County, Missouri Property Taxes
The median property tax rate in Bradleyville, MO is 0.90%, which is below both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $105,700 in Bradleyville, the typical annual property tax bill comes to $914, significantly lower than the national median of $2,690. Property taxes in Bradleyville are determined based on the tax assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding the intricacies of Bradleyville's property tax system, exploring available exemptions, and identifying potential opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you reside in Bradleyville or another part of Christian County, gaining insight into the local property tax system is crucial for maximizing financial benefits.
Last Updated June 14, 2024
Bradleyville, Christian County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$951
$883
Ownwell’s Bradleyville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bradleyville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bradleyville 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 Bradleyville, Christian County, Missouri
Property taxes in Bradleyville, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bradleyville is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Bradleyville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bradleyville 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 Bradleyville's effective property tax rate to other regions and the national median. For comparison, the zip code 65614 has both the highest and lowest median property tax rate of 0.90%. Understanding how these areas compare with Bradleyville provides valuable insights into the varying tax landscape across Christian County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bradleyville Tax Rate
0.90%
Average Christian County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bradleyville, Christian County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65614 | 0.77% | 0.86% | 0.90% | 0.94% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Bradleyville, Christian County, Missouri
In Bradleyville, 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 Christian 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 Bradleyville, 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 Bradleyville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $914, found in the zip code 65614.
Property Tax Assessment Values Across Bradleyville, Christian County, Missouri
Source: Ownwell
$96,500
$253,700
$410,900
Average Bradleyville Assessed Value
$105,700
Average Christian County Assessed Value
$157,000
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bradleyville, Christian County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65614 | $46,460 | $60,200 | $105,700 | $125,050 | $154,120 |
Source: Ownwell
Property Tax Bills Across Bradleyville, Christian County, Missouri
In Bradleyville, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if the median home price is $105,700, the assessed value is determined by the local assessment ratio. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. Several factors influence the final tax bill, including the property's location within Christian County, local tax rates, and any applicable exemptions. For example, tax bills can range significantly, with the 25th percentile at $467 and the 75th percentile reaching up to $1,143. The highest median tax bill in the area is $914.00, which aligns with the lowest median tax bill, indicating a consistent rate within the zip code 65614. These property taxes directly impact homeowners by contributing to essential public services such as schools, infrastructure, and emergency services. Understanding how these taxes are calculated can help homeowners better plan their finances and potentially seek exemptions or appeals to lower their tax burden.
Average Bradleyville Tax Bill
$914
Average Christian County Tax Bill
$1,599
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Bradleyville, Christian County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65614 | $265 | $467 | $914 | $1,143 | $1,371 |
Source: Ownwell