Holt County, Missouri Property Taxes
The median property tax rate in Holt County is 1.18%, which is slightly higher than the national median of 0.99% but slightly lower than the Missouri state median of 1.20%. With the median home value in Holt County at $42,789, the typical annual property tax bill is $458, considerably lower than the national median of $2,690. Property taxes in Holt County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions like primary residence and agricultural exemptions. Understanding Holt 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 Mound City or another part of Holt County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Holt County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.18%
Estimate Property Tax Bill
$505
$469
Ownwell’s Holt County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Holt County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Holt 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 Holt County, Missouri
Property taxes in Holt County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Holt County is 1.18%, which is higher than the U.S. national median of 0.99%. Local government entities within Holt County set these rates annually, and they can vary significantly between different areas within the county. Each year, Holt 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. The following data compares Holt County's effective property tax rate with other counties in Missouri and the national median. For comparison, the city of Craig has one of the higher property tax rates in Missouri at 1.40%, while the city of Skidmore boasts one of the lowest at 0.80%. Analyzing how Holt County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Holt County Tax Rate
1.18%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Holt County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amazonia | N/A | N/A | N/A | N/A | N/A |
| Craig | 1.06% | 1.29% | 1.40% | 1.53% | 2.02% |
| Forest City | 0.66% | 0.87% | 1.18% | 1.18% | 1.44% |
| Maitland | 0.68% | 0.69% | 0.83% | 1.43% | 1.43% |
| Mound City | 0.66% | 0.66% | 1.01% | 1.38% | 1.38% |
| Oregon | 0.59% | 0.60% | 0.84% | 1.16% | 1.16% |
| Skidmore | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Holt County, Missouri
In Holt 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 Holt 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 Holt 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. In Holt County, the highest median tax bill is in Skidmore at $2,045, while Forest City has the lowest at $318. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Holt County Assessed Value
$42,789
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Holt County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amazonia | N/A | N/A | N/A | N/A | N/A |
| Craig | $5,011 | $12,342 | $27,474 | $74,206 | $129,152 |
| Forest City | $3,261 | $11,500 | $29,053 | $79,583 | $150,378 |
| Maitland | $12,060 | $24,752 | $51,816 | $101,458 | $188,957 |
| Mound City | $8,588 | $23,052 | $50,500 | $98,292 | $165,793 |
| Oregon | $9,460 | $27,042 | $56,392 | $97,333 | $160,995 |
| Skidmore | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Holt County, Missouri
In Holt County, MO, property tax bills are calculated based on the assessed value of a property, which is generally a percentage of its market value. Local taxing authorities apply the tax rate to the assessed value to determine the tax bill. Several factors influence this calculation, including the property's location, size, and market conditions. For instance, the median home price in Holt County is $42,789, resulting in a range of tax bills. Homeowners at the 25th percentile pay around $213, while those at the 75th percentile pay approximately $912. At the 90th percentile, the tax bill can reach $1,620. Comparatively, Skidmore has the highest median tax bill at $2,045, whereas Forest City has the lowest at $318. These variations significantly impact homeowners, as higher property values and tax rates can lead to substantial yearly costs. Understanding these factors helps homeowners anticipate their tax obligations and plan their finances accordingly.
Average Holt County Tax Bill
$458
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Holt County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amazonia | N/A | N/A | N/A | N/A | N/A |
| Craig | $78 | $182 | $407 | $1,001 | $1,746 |
| Forest City | $35 | $126 | $318 | $749 | $1,634 |
| Maitland | $138 | $276 | $531 | $927 | $1,590 |
| Mound City | $96 | $250 | $509 | $936 | $1,622 |
| Oregon | $101 | $250 | $481 | $807 | $1,339 |
| Skidmore | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell