Fair Grove, Greene County, Missouri Property Taxes

Name: Property Tax Bills Across Fair Grove, Greene County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fair Grove, MO effective property tax rate: 0.97%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Fair Grove, MO home value: $139,500. Median annual Fair Grove, MO tax bill: $1,447, $953 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

Property taxes in Fair Grove, MO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Fair Grove’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fair Grove, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fair Grove, Greene County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.97%

Estimate Property Tax Bill

$1,353

$1,256

Ownwell’s Fair Grove Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fair Grove with just two data points. By entering your property's estimated assessed value, our calculator applies Fair Grove’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Greene County. With Fair Grove’s median property tax bill at $1,447, it falls significantly below the national median of $2,400, providing an advantageous tax environment for property owners. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fair Grove, Greene County, Missouri

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Fair Grove, located in Greene County, Missouri, the effective property tax rate is notably competitive compared to other cities in the state. While Missouri's median property tax rate is slightly below the national median, Fair Grove aligns closely with the state's rate, offering residents a favorable tax environment. The local rate is a reflection of the county's efficient budgeting and property valuation processes, ensuring that residents receive essential services without excessive tax burdens. For homeowners, this means a balance between cost and value, making Fair Grove an attractive place for property investment. By understanding these dynamics, property owners can better navigate their tax obligations and make informed decisions about appealing or seeking exemptions.

Property Tax Rates Across Fair Grove, Greene County, Missouri

Source: Ownwell

0.91%

1.04%

1.17%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Fair Grove Tax Rate

0.97%

Median Effective Greene County Tax Rate

1.01%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fair Grove, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65648	0.95%	0.97%	0.97%	1.08%	1.08%

Source: Ownwell

Property Tax Assessment Values Across Fair Grove, Greene County, Missouri

When examining property taxes in Fair Grove, MO, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Greene County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Greene County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Fair Grove. For example, the median home price in Fair Grove is $139,500, with tax bills ranging significantly across the county. 65648 has the highest median home price at $139,500.

Property Tax Assessment Values Across Fair Grove, Greene County, Missouri

Source: Ownwell

$51,500

$244,550

$437,600

Median Fair Grove Market Value

$139,500

Median Greene County Market Value

$140,200

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fair Grove, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65648	$43,500	$86,700	$139,500	$198,100	$288,100

Source: Ownwell

Property Tax Bills Across Fair Grove, Greene County, Missouri

Property tax bills in Fair Grove, located in Greene County, MO, are determined by assessing the market value of a property and applying the local tax rate. The assessed value is calculated as a percentage of the home's market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. In Fair Grove, the median property tax bill is $1,447, which is below the national median of $2,400, reflecting the area's relatively affordable real estate market. Homeowners in Fair Grove may see variations in their tax bills, with the 25th percentile at $901 and the 90th percentile reaching $2,873, indicating differences in property values and assessments. High property taxes can strain household budgets, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they pay only their fair share. This service can lead to significant savings, offering financial relief and peace of mind.

Property Tax Bills Across Fair Grove, Greene County, Missouri

Source: Ownwell

$527

$2,462

$4,397

Median Fair Grove Tax Bill

$1,447

Median Greene County Tax Bill

$1,465

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Fair Grove, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65648	$446	$901	$1,447	$1,997	$2,873

Source: Ownwell