Dallas County Property Taxes
The median property tax rate in Dallas County is 0.78%, which is significantly lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Dallas County, the typical annual property tax bill is $511, well below the national median of $2,690. Property taxes in Dallas County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dallas 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 Buffalo or another part of Dallas County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dallas County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$520
Ownwell’s Dallas County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dallas County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dallas 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 Dallas County, Missouri
Property taxes in Dallas County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dallas County is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Dallas County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dallas 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. The following data compares Dallas County's effective property tax rate with other areas in Missouri and the national median. For comparison, the city of Fair Grove has one of the higher property tax rates in Missouri at 0.90%, while the city of Conway boasts one of the lowest at 0.66%. Analyzing how Dallas County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dallas County Tax Rate
0.78%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dallas County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | 0.72% | 0.76% | 0.78% | 0.81% | 0.85% |
| Conway | 0.56% | 0.62% | 0.66% | 0.68% | 0.71% |
| Eldridge | 0.70% | 0.71% | 0.73% | 0.75% | 0.77% |
| Elkland | 0.70% | 0.75% | 0.78% | 0.83% | 0.89% |
| Fair Grove | 0.81% | 0.86% | 0.90% | 0.91% | 0.93% |
| Lebanon | 0.72% | 0.80% | 0.83% | 0.87% | 0.96% |
| Long Lane | 0.68% | 0.72% | 0.76% | 0.79% | 0.84% |
| Louisburg | 0.67% | 0.75% | 0.79% | 0.83% | 0.89% |
| Macks Creek | 0.56% | 0.66% | 0.73% | 0.78% | 0.84% |
| Phillipsburg | 0.58% | 0.65% | 0.70% | 0.76% | 0.81% |
| Preston | 0.42% | 0.62% | 0.72% | 0.74% | 0.75% |
| Tunas | 0.63% | 0.71% | 0.76% | 0.81% | 0.88% |
| Urbana | 0.67% | 0.72% | 0.76% | 0.80% | 0.85% |
| Windyville | 0.60% | 0.73% | 0.76% | 0.80% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Dallas County, Missouri
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Dallas County, MO. 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 Dallas 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 Dallas 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. The highest median tax bill in Dallas County is $886 in Fair Grove, while Windyville has the lowest median tax bill at $380. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dallas County Assessed Value
$66,700
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dallas County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | $23,100 | $38,500 | $68,250 | $110,750 | $168,550 |
| Conway | $30,580 | $46,600 | $78,900 | $115,050 | $185,820 |
| Eldridge | $45,880 | $55,000 | $70,200 | $82,850 | $90,440 |
| Elkland | $24,430 | $40,250 | $71,650 | $108,575 | $149,040 |
| Fair Grove | $32,700 | $55,300 | $99,000 | $143,200 | $188,500 |
| Lebanon | $20,640 | $39,200 | $55,700 | $108,600 | $169,520 |
| Long Lane | $18,910 | $32,825 | $62,750 | $102,625 | $159,980 |
| Louisburg | $18,150 | $30,275 | $52,150 | $87,025 | $140,900 |
| Macks Creek | $17,000 | $28,675 | $51,250 | $130,550 | $191,100 |
| Phillipsburg | $21,920 | $43,450 | $72,250 | $115,275 | $149,810 |
| Preston | $22,550 | $66,725 | $121,850 | $226,350 | $273,630 |
| Tunas | $17,200 | $29,900 | $55,700 | $96,100 | $147,430 |
| Urbana | $19,460 | $32,400 | $61,900 | $109,200 | $158,740 |
| Windyville | $21,710 | $31,425 | $49,750 | $103,600 | $156,770 |
Source: Ownwell
Property Tax Bills Across Dallas County, Missouri
In Dallas County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, the median home price in Dallas County is $66,700. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location and any applicable exemptions also play a role in the final amount. Tax bills in Dallas County vary significantly, with the 25th percentile at $287 and the 75th percentile at $851. The 90th percentile tax bill reaches up to $1,270. The highest median tax bill within the county is found in Fair Grove at $886, while Windyville has the lowest median tax bill at $380. Comparatively, Dallas County's tax rates are below the national median property tax rate of 0.99%, making it relatively more affordable for homeowners. This lower tax burden can make homeownership more accessible and financially manageable for residents.
Average Dallas County Tax Bill
$511
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Dallas County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Buffalo | $186 | $306 | $525 | $859 | $1,303 |
| Conway | $194 | $300 | $513 | $760 | $1,163 |
| Eldridge | $346 | $399 | $488 | $591 | $653 |
| Elkland | $194 | $322 | $558 | $866 | $1,176 |
| Fair Grove | $284 | $508 | $886 | $1,262 | $1,651 |
| Lebanon | $169 | $318 | $460 | $896 | $1,454 |
| Long Lane | $134 | $262 | $470 | $772 | $1,225 |
| Louisburg | $142 | $233 | $390 | $663 | $1,074 |
| Macks Creek | $141 | $209 | $391 | $908 | $1,335 |
| Phillipsburg | $164 | $294 | $461 | $798 | $1,099 |
| Preston | $141 | $275 | $596 | $1,665 | $1,904 |
| Tunas | $136 | $240 | $416 | $692 | $1,062 |
| Urbana | $155 | $253 | $468 | $798 | $1,172 |
| Windyville | $169 | $249 | $380 | $813 | $1,078 |
Source: Ownwell