Dunklin County, Missouri Property Taxes
The median property tax rate in Dunklin County is 0.91%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $33,875, the typical annual property tax bill in Dunklin County is $320, significantly below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Dunklin County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you live in Kennett or another part of Dunklin County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dunklin County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$308
$286
Ownwell’s Dunklin County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dunklin County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dunklin 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 Dunklin County, Missouri
Property taxes in Dunklin County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dunklin County is 0.91%, which is lower than the Missouri state median of 1.05% but slightly below the U.S. national median of 0.99%. Local government entities within Dunklin County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dunklin 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 Kennett has one of the higher property tax rates in Missouri at 1.09%, while the city of Hornersville boasts one of the lowest at 0.78%. Analyzing how Dunklin County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dunklin County Tax Rate
0.91%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunklin County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arbyrd | 0.85% | 0.87% | 0.88% | 0.96% | 1.10% |
| Bernie | 0.75% | 0.75% | 0.80% | 0.84% | 1.23% |
| Campbell | 0.80% | 0.86% | 0.88% | 0.91% | 0.98% |
| Cardwell | 0.82% | 0.87% | 0.89% | 0.96% | 1.00% |
| Clarkton | 0.87% | 0.89% | 0.91% | 0.97% | 1.00% |
| Gibson | N/A | N/A | N/A | N/A | N/A |
| Gobler | 0.66% | 0.77% | 0.80% | 0.92% | 1.12% |
| Holcomb | 0.82% | 0.85% | 0.87% | 0.94% | 0.98% |
| Hornersville | 0.72% | 0.77% | 0.78% | 0.85% | 0.94% |
| Kennett | 0.87% | 1.07% | 1.09% | 1.09% | 1.10% |
| Malden | 0.84% | 0.91% | 0.91% | 0.91% | 0.92% |
| Rives | N/A | N/A | N/A | N/A | N/A |
| Senath | 0.76% | 0.77% | 0.78% | 0.83% | 0.88% |
| Steele | 0.58% | 0.61% | 0.79% | 0.90% | 1.23% |
| Whiteoak | 0.86% | 0.86% | 0.89% | 0.95% | 0.96% |
Source: Ownwell
Property Tax Assessment Values Across Dunklin County, Missouri
In Dunklin 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 Dunklin 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 Dunklin 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 median property tax bill in Dunklin County is $338.75, with Bernie having the highest median tax bill at $659.00 and Steele the lowest at $155.00. Being aware of these valuation processes in Dunklin County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Dunklin County Assessed Value
$33,875
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunklin County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arbyrd | $1,497 | $6,080 | $17,690 | $41,532 | $72,909 |
| Bernie | $28,566 | $42,900 | $65,980 | $99,800 | $170,404 |
| Campbell | $3,601 | $14,028 | $36,530 | $61,375 | $99,406 |
| Cardwell | $1,770 | $5,195 | $20,155 | $44,500 | $68,215 |
| Clarkton | $2,510 | $8,430 | $25,300 | $39,810 | $65,780 |
| Gibson | N/A | N/A | N/A | N/A | N/A |
| Gobler | $4,160 | $14,345 | $43,915 | $71,750 | $108,245 |
| Holcomb | $3,142 | $12,035 | $30,950 | $53,085 | $85,486 |
| Hornersville | $2,412 | $9,115 | $28,110 | $63,020 | $101,630 |
| Kennett | $5,059 | $18,065 | $43,695 | $73,890 | $112,427 |
| Malden | $1,980 | $7,858 | $29,760 | $52,420 | $78,202 |
| Rives | N/A | N/A | N/A | N/A | N/A |
| Senath | $3,540 | $11,820 | $32,620 | $56,952 | $87,651 |
| Steele | $3,980 | $8,240 | $26,460 | $86,265 | $121,000 |
| Whiteoak | $1,864 | $4,300 | $22,320 | $40,620 | $69,626 |
Source: Ownwell
Property Tax Bills Across Dunklin County, Missouri
In Dunklin County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Dunklin County face a median home price of $33,875. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, improvements, and local tax levies play a significant role in determining the final amount. For instance, the tax bill at the 25th percentile is $129, while at the 75th percentile, it rises to $575. At the 90th percentile, homeowners can expect a tax bill of $910. The city of Bernie has the highest median tax bill at $659, whereas Steele has the lowest at $155. These variations highlight the impact of local tax rates and property values on homeowners' annual tax obligations. Compared to the national median property tax rate of 0.99%, Dunklin County's rates are considerably lower, offering some relief to its residents.
Average Dunklin County Tax Bill
$320
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunklin County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Arbyrd | $19 | $74 | $166 | $362 | $601 |
| Bernie | $223 | $368 | $659 | $1,325 | $1,734 |
| Campbell | $39 | $136 | $324 | $527 | $826 |
| Cardwell | $18 | $56 | $186 | $395 | $597 |
| Clarkton | $26 | $86 | $232 | $354 | $578 |
| Gibson | N/A | N/A | N/A | N/A | N/A |
| Gobler | $70 | $227 | $373 | $590 | $770 |
| Holcomb | $36 | $135 | $276 | $469 | $732 |
| Hornersville | $22 | $87 | $223 | $492 | $793 |
| Kennett | $58 | $206 | $463 | $764 | $1,164 |
| Malden | $19 | $88 | $276 | $476 | $697 |
| Rives | N/A | N/A | N/A | N/A | N/A |
| Senath | $34 | $112 | $259 | $441 | $677 |
| Steele | $36 | $84 | $155 | $416 | $769 |
| Whiteoak | $18 | $41 | $196 | $351 | $601 |
Source: Ownwell