Dent County, Missouri Property Taxes
The median property tax rate in Dent County is 0.76%, 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 Dent County, the typical annual property tax bill reaches $374, which is well below the national median of $2,690. Property taxes in Dent 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 Dent 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 Salem or another part of Dent County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dent County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.76%
Estimate Property Tax Bill
$329
$305
Ownwell’s Dent County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dent County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dent 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 Dent County, Missouri
Property taxes in Dent County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dent County is 0.76%, which is lower than the U.S. national median of 0.99%. Local government entities within Dent County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dent 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 Boss has one of the higher property tax rates in the region at 0.80%, while the city of Rolla boasts one of the lowest at 0.64%. Analyzing how Dent County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dent County Tax Rate
0.76%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dent County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boss | 0.67% | 0.75% | 0.80% | 0.87% | 0.87% |
| Bunker | 0.61% | 0.65% | 0.68% | 0.69% | 0.70% |
| Edgar Springs | 0.62% | 0.65% | 0.67% | 0.67% | 0.68% |
| Jadwin | 0.62% | 0.64% | 0.67% | 0.68% | 0.79% |
| Lake Spring | N/A | N/A | N/A | N/A | N/A |
| Lenox | 0.52% | 0.61% | 0.66% | 0.67% | 0.68% |
| Licking | 0.61% | 0.62% | 0.67% | 0.67% | 0.68% |
| Rolla | 0.55% | 0.60% | 0.64% | 0.67% | 0.68% |
| Salem | 0.65% | 0.68% | 0.79% | 0.85% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Dent County, Missouri
In Dent 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 Dent 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 Dent 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. Lake Spring boasts the highest median tax bill at $613, while Lenox has the lowest at $250. Being aware of these valuation processes in Dent County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dent County Assessed Value
$43,260
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dent County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boss | $3,226 | $17,550 | $34,670 | $70,530 | $163,412 |
| Bunker | $17,257 | $28,215 | $40,800 | $86,745 | $101,252 |
| Edgar Springs | $12,124 | $43,580 | $72,660 | $99,935 | $110,206 |
| Jadwin | $8,032 | $27,150 | $52,760 | $77,390 | $139,972 |
| Lake Spring | N/A | N/A | N/A | N/A | N/A |
| Lenox | $15,291 | $20,045 | $38,025 | $59,720 | $91,023 |
| Licking | $1,632 | $22,590 | $35,850 | $78,060 | $125,304 |
| Rolla | $4,943 | $24,015 | $46,350 | $75,510 | $111,738 |
| Salem | $4,786 | $23,680 | $43,220 | $73,848 | $116,006 |
Source: Ownwell
Property Tax Bills Across Dent County, Missouri
In Dent County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Dent County is $43,260. Local tax rates are then applied to this assessed value to determine the final tax bill. Several factors influence the tax bill, including property location and valuation. For instance, the median tax bill in the county can range from $250 in Lenox to $613 in Lake Spring. Generally, homeowners in Dent County pay between $235 (25th percentile) and $904 (90th percentile) in property taxes annually. Compared to the national median property tax rate of 0.99%, Dent County's tax rates are relatively modest, making it a more affordable option for homeowners. However, these taxes are crucial as they fund essential community services such as schools, public safety, and infrastructure. Homeowners should be aware of these factors when budgeting for their annual expenses.
Average Dent County Tax Bill
$374
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Dent County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Boss | $149 | $233 | $339 | $593 | $1,386 |
| Bunker | $138 | $211 | $279 | $564 | $717 |
| Edgar Springs | $248 | $344 | $520 | $668 | $718 |
| Jadwin | $154 | $252 | $404 | $522 | $1,198 |
| Lake Spring | N/A | N/A | N/A | N/A | N/A |
| Lenox | $112 | $163 | $250 | $398 | $611 |
| Licking | $156 | $172 | $363 | $530 | $1,063 |
| Rolla | $132 | $217 | $359 | $508 | $700 |
| Salem | $152 | $240 | $377 | $589 | $911 |
Source: Ownwell