Springfield, Greene County, Missouri Property Taxes

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

Median Springfield, MO effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Springfield, MO home value: $134,500
Median annual Springfield, MO tax bill: $1,395, $1,005 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

Property taxes in Springfield, 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 Springfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Springfield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Springfield, Greene County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$1,358

$1,261

Ownwell’s Springfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Springfield with just two data points.

By entering your property's estimated assessed value, our calculator applies Springfield’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.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Springfield, Greene County, Missouri

Local government entities are responsible for setting tax rates, which can significantly vary within Missouri. Annually, each county estimates its required budget to provide essential services, dividing that by the total value of all taxable properties within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in this process, this is essentially how property tax rates are determined each year.

In Springfield, located in Greene County, the effective property tax rate reflects this process. Comparing Springfield's rate to other cities in Missouri reveals interesting contrasts. Springfield's rate is slightly below the national median of 1.02%, aligning closely with Missouri's median of 1.01%. This positions Springfield favorably in terms of property tax burden. However, within Missouri, rates can range from 1.00% in certain areas to as high as 1.05% in others. Understanding these differences helps property owners make informed decisions about their investments and potential savings. By appealing property taxes, homeowners in Springfield can potentially reduce their tax obligations, making it an attractive option for those seeking to optimize their property investments.

Property Tax Rates Across Springfield, 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 Springfield Tax Rate

1.01%

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 Springfield, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65802	1.01%	1.01%	1.01%	1.04%	1.06%
65803	1.01%	1.01%	1.01%	1.09%	1.09%
65804	1.01%	1.01%	1.01%	1.01%	1.01%
65806	1.01%	1.01%	1.01%	1.01%	1.01%
65807	1.01%	1.01%	1.01%	1.05%	1.05%
65809	1.00%	1.00%	1.00%	1.01%	1.07%
65810	1.01%	1.05%	1.05%	1.05%	1.05%
65721	N/A	N/A	N/A	N/A	N/A
65742	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Springfield, Greene County, Missouri

When examining property taxes in Springfield, 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. Assessment notices in Greene County are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Springfield. For example, the median home price in Springfield is $134,500, with tax bills ranging significantly across the county. Zip code 65809 has the highest median home price at $281,900.

Property Tax Assessment Values Across Springfield, Greene County, Missouri

Source: Ownwell

$51,500

$244,550

$437,600

Median Springfield Market Value

$134,500

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 Springfield, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65802	$38,000	$57,200	$100,800	$162,100	$255,800
65803	$38,600	$53,400	$86,150	$141,900	$226,550
65804	$87,500	$112,600	$150,500	$212,700	$326,460
65806	$34,600	$40,500	$51,500	$75,775	$116,420
65807	$82,200	$107,600	$134,900	$168,900	$216,410
65809	$145,080	$201,000	$281,900	$426,750	$699,600
65810	$121,200	$163,100	$223,000	$297,700	$420,400
65721	N/A	N/A	N/A	N/A	N/A
65742	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Springfield, Greene County, Missouri

In Springfield, Greene County, MO, property tax bills are calculated based on the assessed value of the home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $134,500, homeowners in Springfield can expect their tax bills to vary significantly. For instance, the tax bill at the 25th percentile is $880, while at the 75th percentile, it rises to $2,077. The highest median tax bill in the area is $2,860, located in the 65809 zip code, whereas the lowest is $527 in the 65806 zip code. Compared to the national median property tax bill of $2,400, Springfield offers a range of tax burdens. Homeowners may find relief through Ownwell's property tax appeal services, which aim to ensure that their properties are fairly assessed. By identifying discrepancies and advocating for adjustments, Ownwell helps homeowners potentially reduce their property tax bills, providing financial relief and peace of mind.

Property Tax Bills Across Springfield, Greene County, Missouri

Source: Ownwell

$527

$2,462

$4,397

Median Springfield Tax Bill

$1,395

Median Greene County Tax Bill

$1,465

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Springfield, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65802	$393	$590	$1,038	$1,705	$2,705
65803	$399	$549	$894	$1,512	$2,459
65804	$901	$1,152	$1,542	$2,185	$3,335
65806	$351	$414	$527	$781	$1,262
65807	$851	$1,105	$1,391	$1,744	$2,254
65809	$1,530	$2,076	$2,860	$4,328	$7,092
65810	$1,313	$1,731	$2,338	$3,108	$4,410
65721	N/A	N/A	N/A	N/A	N/A
65742	N/A	N/A	N/A	N/A	N/A

Source: Ownwell