Ponce De Leon, Missouri Property Taxes
The median property tax rate in Ponce de Leon, MO is 0.79%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Ponce de Leon at $105,350, the typical annual property tax bill is $845, significantly below the national median of $2,690. Property taxes in Ponce de Leon are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Ponce de Leon'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 Ponce de Leon or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ponce De Leon, 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 Ponce de Leon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ponce de Leon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ponce de Leon 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 Ponce De Leon, Missouri
Property taxes in Ponce De Leon, Missouri, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Ponce De Leon is 0.79%, which is lower than the U.S. national median of 0.99%. Local government entities within Ponce De Leon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ponce De Leon 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 Ponce De Leon's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65728 has the highest median property tax rate of 0.79%, while the same zip code also has the lowest median tax rate of 0.79%. Understanding how these areas compare with Ponce De Leon 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 Ponce De Leon Tax Rate
0.79%
Average Christian County Tax Rate
1.08%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ponce De Leon, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65728 | 0.68% | 0.72% | 0.79% | 0.80% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Ponce De Leon, Missouri
In Ponce De Leon, 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 Ponce De Leon, 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 Ponce De Leon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $845.00 in zip code 65728, while the lowest median tax bill is also $845.00 in the same zip code.
Average Ponce De Leon Assessed Value
$105,350
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 Ponce De Leon, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65728 | $79,320 | $95,025 | $105,350 | $144,275 | $202,460 |
Source: Ownwell
Property Tax Bills Across Ponce De Leon, Missouri
In Ponce de Leon, Christian County, MO, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. Homeowners in this region experience property tax rates that are notably lower than the national median of 0.99%. For instance, with a median home price of $105,350, property tax bills range broadly. At the 25th percentile, homeowners might pay around $720, while those in the 75th percentile could see bills closer to $1,093. At the 90th percentile, tax bills can reach up to $1,543. These calculations are influenced by several factors, including the home's assessed value, any applicable exemptions, and the local tax rate. For homeowners, understanding these elements is crucial as they directly impact annual financial obligations. The highest median tax bill in the area is recorded at $845 in the 65728 zip code, which underscores the relatively moderate tax environment in Ponce de Leon compared to national figures.
Average Ponce De Leon Tax Bill
$845
Average Christian County Tax Bill
$1,599
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Ponce De Leon, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65728 | $573 | $720 | $845 | $1,093 | $1,543 |
Source: Ownwell