Macks Creek, Dallas County, Missouri Property Taxes
The median property tax rate in Macks Creek, MO is 0.73%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Macks Creek at $51,250, the typical annual property tax bill amounts to $391, well below the national median of $2,690. Property taxes in Macks Creek are determined based on the tax assessed value, which is often less than the market value due to various exemptions, such as primary residence and agricultural exemptions. Familiarizing yourself with Macks Creek's property tax system, exploring available exemptions, and identifying opportunities for reductions can result in substantial annual savings. Whether you're residing in Macks Creek or another part of Dallas County, understanding the local property tax structure will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Macks Creek, Dallas County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.73%
Estimate Property Tax Bill
$374
$347
Ownwell’s Macks Creek Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macks Creek with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Macks Creek 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 Macks Creek, Dallas County, Missouri
Property taxes in Macks Creek, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Macks Creek is 0.63%, which is lower than both the Missouri state median of 0.97% and the U.S. national median of 0.99%. Local government entities within Macks Creek set these rates annually, and they can vary significantly across different neighborhoods. Each year, Macks Creek 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. Understanding how these cities compare with Macks Creek provides valuable insights into the varying tax landscape across Camden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Macks Creek Tax Rate
0.73%
Average Dallas County Tax Rate
0.78%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macks Creek, Dallas County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65786 | 0.56% | 0.66% | 0.73% | 0.78% | 0.84% |
Source: Ownwell
Property Tax Assessment Values Across Macks Creek, Dallas County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Macks Creek, 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 Dallas 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 Macks Creek, 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. For instance, the highest median tax bill in the area is $391 in the 65786 zip code, while the lowest is also $391 in the same zip code. 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 Macks Creek helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Macks Creek, Dallas County, Missouri
Source: Ownwell
$49,750
$74,375
$99,000
Average Macks Creek Assessed Value
$51,250
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 Macks Creek, Dallas County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65786 | $17,000 | $28,675 | $51,250 | $130,550 | $191,100 |
Source: Ownwell
Property Tax Bills Across Macks Creek, Dallas County, Missouri
In Macks Creek, located in Dallas County, MO, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in this area is $51,250. Homeowners can expect their property tax bills to vary significantly, with the 25th percentile at $209 and the 75th percentile at $908, showing a wide range of potential tax obligations. The 90th percentile tax bill reaches up to $1,335, indicating that some homeowners with higher-valued properties pay considerably more. The property tax rate in Macks Creek is influenced by several factors, including local government budgets, public service funding needs, and school district requirements. Homeowners should be aware that their tax bills directly contribute to community services such as education, emergency services, and infrastructure maintenance. Compared to the national median property tax rate of 0.99%, Macks Creek's property taxes can be relatively moderate, depending on the assessed value of the property. This variability underscores the importance of understanding how local assessments and rates impact overall tax obligations.
Average Macks Creek Tax Bill
$391
Average Dallas County Tax Bill
$511
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Macks Creek, Dallas County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65786 | $141 | $209 | $391 | $908 | $1,335 |
Source: Ownwell