Avilla, Missouri Property Taxes
The median property tax rate in Avilla, MO is 0.82%, which is notably lower than both the national median of 0.99% and Missouri's state median of 1.20%. With a median home value of $39,580 in Avilla, the typical annual property tax bill amounts to $346, significantly below the national median of $2,690. Property taxes in Avilla are calculated based on the tax assessed value, which usually falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Avilla's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Avilla or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Avilla, Missouri Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.2%
Estimate Property Tax Bill
$2,400
Ownwell’s Avilla Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avilla with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avilla to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Avilla, Missouri
Property taxes in Avilla, Missouri, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avilla is 0.82%, which is lower than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Avilla set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avilla estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Avilla's effective property tax rate to other counties in Missouri and the national median. For comparison, the 64833 zip code has the highest median property tax rate of 0.82%, while the same zip code also has the lowest median tax rate of 0.82%. Understanding how these cities compare with Avilla provides valuable insights into the varying tax landscape across Jasper County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avilla Tax Rate
0.82%
Average Jasper County Tax Rate
0.89%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avilla, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64833 | 0.71% | 0.82% | 0.82% | 0.84% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Avilla, Missouri
In Avilla, Missouri, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Jasper County Assessor for tax purposes. In contrast, the assessed value 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. In Avilla, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, the median home price in Avilla is $39,580, with tax bills ranging from $190 at the 25th percentile to $653 at the 90th percentile. The zip code 64833 has both the highest and lowest median tax bill at $346. Being aware of these valuation processes in Avilla helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Avilla Assessed Value
$39,580
Average Jasper County Assessed Value
$82,940
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avilla, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64833 | $9,130 | $22,690 | $39,580 | $62,110 | $77,510 |
Source: Ownwell
Property Tax Bills Across Avilla, Missouri
In Avilla, located in Jasper 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 Avilla is $39,580. Property tax rates are applied to this assessed value to determine the annual tax bill. For example, the 25th percentile tax bill is $190, while the 75th percentile reaches $482, and the 90th percentile is $653. These values indicate a range of what homeowners can expect to pay, depending on their property's assessed value and applicable tax rates. Factors influencing the tax bill include the home's market value, local tax rates, and any applicable exemptions or deductions. The median property tax rate in the city is relatively low when compared to the national median of 0.99%. This lower tax burden can make homeownership more affordable in Avilla, providing financial relief to homeowners while supporting local services and infrastructure.
Average Avilla Tax Bill
$346
Average Jasper County Tax Bill
$737
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Avilla, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64833 | $77 | $190 | $346 | $482 | $653 |
Source: Ownwell