Everton, Missouri Property Taxes
The median property tax rate in Everton, MO is 1.10%, slightly above the national median of 0.99% but below Missouri's state median of 1.20%. With a median home value of $50,660 in Everton, the typical annual property tax bill amounts to $560, which is significantly lower than the national median of $2,690. Property taxes in Everton are calculated based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Navigating Everton's property tax system, exploring available exemptions, and finding opportunities for reductions can lead to meaningful annual savings. Whether residing in the heart of Everton or its surrounding areas, understanding the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
Everton, 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 Everton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everton 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 Everton, Missouri
Property taxes in Everton, Missouri, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Everton is 1.10%, higher than the U.S. national median of 0.99%. Local government entities within Everton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everton 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 Everton's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65646 has both the highest and lowest median property tax rate of 1.10%. Understanding how these areas compare with Everton 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 Everton Tax Rate
1.10%
Average Dade County Tax Rate
1.05%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everton, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65646 | 0.87% | 1.00% | 1.10% | 1.24% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Everton, Missouri
In Everton, 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 Dade County Assessor 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 Everton, 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 Everton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 65646, with a median tax bill of $560.00, while the same zip code also has the lowest median tax bill at $560.00.
Average Everton Assessed Value
$50,660
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 Everton, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65646 | $6,810 | $22,950 | $50,660 | $95,230 | $150,300 |
Source: Ownwell
Property Tax Bills Across Everton, Missouri
In Everton, located in Dade County, MO, property tax bills are determined by the assessed value of a home and the applicable tax rate. The assessed value is a percentage of the home's market value, which is then multiplied by the local tax rate to calculate the tax bill. For instance, with a median home price of $50,660, homeowners can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $268, while the 75th percentile tax bill reaches approximately $994. At the 90th percentile, homeowners might see tax bills as high as $1,528. These tax bills are influenced by various factors, including property improvements, local tax levies, and changes in market conditions. Compared to the national median property tax rate of 0.99%, Everton's rates reflect the local economic and administrative conditions. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly, ensuring they are prepared for their annual property tax responsibilities.
Average Everton Tax Bill
$560
Average Dade County Tax Bill
$544
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Everton, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65646 | $79 | $268 | $560 | $994 | $1,528 |
Source: Ownwell