Dade County, Missouri Property Taxes
The median property tax rate in Dade County is 1.05%, which is slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Dade County at $50,295, the typical annual property tax bill is $544, significantly below the national median of $2,690. Property taxes in Dade County are calculated based on the tax assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dade County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Greenfield or another part of Dade County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dade County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.05%
Estimate Property Tax Bill
$528
$490
Ownwell’s Dade County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dade County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dade County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dade County, Missouri
Property taxes in Dade County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dade County is 1.05%, which is higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Dade County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dade County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Lockwood has one of the higher property tax rates in Missouri at 1.17%, while the city of Golden City boasts one of the lowest at 0.91%. Analyzing how Dade County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dade County Tax Rate
1.05%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dade County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldrich | 0.94% | 1.05% | 1.09% | 1.10% | 1.10% |
| Arcola | 0.94% | 0.99% | 1.05% | 1.05% | 1.05% |
| Ash Grove | 0.83% | 0.90% | 0.95% | 0.95% | 1.05% |
| Dadeville | 0.90% | 1.01% | 1.10% | 1.18% | 1.18% |
| Everton | 0.87% | 1.00% | 1.10% | 1.24% | 1.35% |
| Golden City | 0.71% | 0.81% | 0.91% | 0.98% | 1.00% |
| Greenfield | 0.98% | 1.04% | 1.05% | 1.17% | 1.17% |
| Jerico Springs | 0.66% | 0.84% | 0.93% | 1.02% | 1.03% |
| Lockwood | 0.82% | 0.96% | 1.17% | 1.18% | 1.18% |
| South Greenfield | 0.84% | 0.95% | 1.04% | 1.13% | 1.13% |
| Stockton | N/A | N/A | N/A | N/A | N/A |
| Walnut Grove | 0.94% | 1.01% | 1.09% | 1.10% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Dade County, Missouri
In Dade County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dade County Appraisal District. The assessed value, however, 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. Assessment notices in Dade County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Stockton has the highest median tax bill at $818, while Aldrich has the lowest at $382. Being aware of these valuation processes in Dade County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dade County Assessed Value
$50,295
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dade County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldrich | $4,336 | $14,700 | $39,360 | $82,840 | $134,488 |
| Arcola | $6,880 | $20,100 | $49,180 | $89,850 | $131,468 |
| Ash Grove | $13,686 | $36,102 | $72,685 | $120,548 | $177,543 |
| Dadeville | $4,130 | $24,810 | $56,330 | $100,860 | $164,046 |
| Everton | $6,810 | $22,950 | $50,660 | $95,230 | $150,300 |
| Golden City | $19,982 | $41,180 | $73,510 | $121,870 | $169,324 |
| Greenfield | $3,307 | $16,812 | $45,365 | $77,322 | $115,346 |
| Jerico Springs | $31,276 | $42,910 | $66,260 | $115,620 | $132,122 |
| Lockwood | $11,548 | $28,660 | $55,360 | $95,100 | $169,650 |
| South Greenfield | $2,404 | $16,680 | $48,530 | $99,110 | $194,484 |
| Stockton | N/A | N/A | N/A | N/A | N/A |
| Walnut Grove | $18,322 | $43,878 | $73,145 | $113,778 | $213,690 |
Source: Ownwell
Property Tax Bills Across Dade County, Missouri
In Dade County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For example, with a median home price of $50,295, homeowners can expect varying tax bills depending on their property's assessed value and the specific rate applied by local taxing authorities. Several factors influence the final tax bill, including the property's location within the county. For instance, Stockton has the highest median tax bill at $818, while Aldrich has the lowest at $382. Generally, tax bills in the 25th percentile are around $230, rising to $919 in the 75th percentile and up to $1,457 in the 90th percentile. These variations reflect differences in property values and local tax rates, impacting homeowners' annual financial obligations. Understanding these factors can help homeowners better anticipate and manage their property tax responsibilities.
Average Dade County Tax Bill
$544
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Dade County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aldrich | $44 | $159 | $382 | $857 | $1,395 |
| Arcola | $71 | $197 | $514 | $887 | $1,293 |
| Ash Grove | $99 | $364 | $643 | $1,140 | $1,655 |
| Dadeville | $47 | $262 | $623 | $1,073 | $1,658 |
| Everton | $79 | $268 | $560 | $994 | $1,528 |
| Golden City | $199 | $387 | $636 | $1,061 | $1,664 |
| Greenfield | $39 | $182 | $503 | $832 | $1,204 |
| Jerico Springs | $290 | $405 | $615 | $983 | $1,328 |
| Lockwood | $113 | $320 | $600 | $983 | $1,619 |
| South Greenfield | $28 | $171 | $508 | $950 | $1,799 |
| Stockton | N/A | N/A | N/A | N/A | N/A |
| Walnut Grove | $171 | $481 | $726 | $1,189 | $2,304 |
Source: Ownwell