Ash Grove, Dade County, Missouri Property Taxes
The median property tax rate in Ash Grove, MO is 0.95%, slightly lower than the national median of 0.99% and significantly below Missouri's state median of 1.20%. With a median home value of $72,685 in Ash Grove, the typical annual property tax bill amounts to $643, which is considerably less than the national median of $2,690. Property taxes in Ash Grove are calculated based on the assessed value, which often falls below the market value due to exemptions like those for primary residences and agricultural properties. Understanding Ash Grove'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 Ash Grove 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
Ash Grove, Dade County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.95%
Estimate Property Tax Bill
$691
$641
Ownwell’s Ash Grove Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ash Grove with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ash Grove 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 Ash Grove, Dade County, Missouri
Property taxes in Ash Grove, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ash Grove is 0.95%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Ash Grove set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ash Grove 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 Ash Grove's effective property tax rate to other areas and the national median. For comparison, the zip code 65604 has the same median property tax rate of 0.95%. Understanding how these cities compare with Ash Grove provides valuable insights into the varying tax landscape across Dade County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ash Grove Tax Rate
0.95%
Average Dade County Tax Rate
1.05%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ash Grove, Dade County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65604 | 0.83% | 0.90% | 0.95% | 0.95% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Ash Grove, Dade County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Ash Grove, Missouri. 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 Dade County Assessor's Office 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 Ash Grove, 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. The median home price in Ash Grove is $72,685, with tax bills ranging from $364 at the 25th percentile to $1,655 at the 90th percentile. Notably, the median tax bill in the 65604 zip code stands at $643, which is the same for both the highest and lowest median tax bills. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Ash Grove, Dade County, Missouri
Source: Ownwell
$39,360
$56,435
$73,510
Average Ash Grove Assessed Value
$72,685
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 Ash Grove, Dade County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65604 | $13,686 | $36,102 | $72,685 | $120,548 | $177,543 |
Source: Ownwell
Property Tax Bills Across Ash Grove, Dade County, Missouri
Property tax bills in Ash Grove, located in Dade County, MO, are calculated based on the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value. For instance, with a median home price of $72,685, the tax bill can vary significantly. Homeowners in the 25th percentile pay around $364, while those in the 75th percentile might see bills as high as $1,140. The 90th percentile tax bill reaches up to $1,655. These variations can be attributed to differences in property values and applicable exemptions. The highest and lowest median tax bills in the area are both $643, which corresponds to the zip code 65604. This indicates a relatively stable tax environment within the city. Comparatively, the national median property tax rate is 0.99%, making Ash Grove's rates competitive and potentially more affordable for homeowners. Understanding these factors helps residents anticipate their annual property tax obligations and plan their finances accordingly.
Average Ash Grove Tax Bill
$643
Average Dade County Tax Bill
$544
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Ash Grove, Dade County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65604 | $99 | $364 | $643 | $1,140 | $1,655 |
Source: Ownwell