Laclede County, Missouri Property Taxes
The median property tax rate in Laclede County is 1.10%, which is slightly higher than the national median of 0.99% but lower than the Missouri state median of 1.20%. With a median home value in Laclede County of $72,400, the typical annual property tax bill is approximately $742, significantly below the national median of $2,690. Property taxes in Laclede County are calculated based on the tax assessed value, which typically falls below the actual market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Laclede 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 Lebanon or another part of Laclede County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Laclede County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.1%
Estimate Property Tax Bill
$796
$739
Ownwell’s Laclede County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Laclede County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Laclede 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 Laclede County, Missouri
Property taxes in Laclede County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Laclede County is 1.10%, which is higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Laclede County set these rates annually, and they can vary significantly between different areas within the county. Each year, Laclede 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 Laclede County's effective property tax rate with other counties in Missouri and the national median. For comparison, the city of Lebanon has one of the higher property tax rates in Missouri at 1.12%, while the city of Laquey boasts one of the lowest at 0.66%. Analyzing how Laclede County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Laclede County Tax Rate
1.10%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Laclede County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Camdenton | N/A | N/A | N/A | N/A | N/A |
| Conway | 0.70% | 0.75% | 0.80% | 0.80% | 0.80% |
| Eldridge | 0.74% | 0.86% | 0.95% | 0.97% | 0.97% |
| Falcon | 0.66% | 0.70% | 0.78% | 0.88% | 0.92% |
| Grovespring | 0.66% | 0.72% | 0.74% | 0.92% | 1.01% |
| Laquey | 0.58% | 0.62% | 0.66% | 0.68% | 0.70% |
| Lebanon | 0.81% | 0.97% | 1.12% | 1.12% | 1.13% |
| Lynchburg | 0.62% | 0.67% | 0.70% | 0.73% | 0.73% |
| Phillipsburg | 0.78% | 0.82% | 1.00% | 1.13% | 1.13% |
| Plato | 0.62% | 0.67% | 0.71% | 0.73% | 0.73% |
| Richland | 0.70% | 0.75% | 0.79% | 0.84% | 0.86% |
| Stoutland | 0.71% | 0.74% | 0.78% | 0.79% | 0.83% |
Source: Ownwell
Property Tax Assessment Values Across Laclede County, Missouri
In Laclede 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 Laclede 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 Laclede 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. For example, Lebanon has the highest median tax bill at $800, while Camdenton has the lowest at $174. Being aware of these valuation processes in Laclede County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Laclede County Assessed Value
$72,400
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Laclede County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Camdenton | N/A | N/A | N/A | N/A | N/A |
| Conway | $18,230 | $37,800 | $64,850 | $102,225 | $148,970 |
| Eldridge | $18,000 | $32,700 | $69,200 | $106,300 | $161,700 |
| Falcon | $23,800 | $39,275 | $72,050 | $115,775 | $178,800 |
| Grovespring | $26,400 | $38,200 | $65,300 | $108,575 | $165,300 |
| Laquey | $35,380 | $67,125 | $92,600 | $112,800 | $140,000 |
| Lebanon | $21,600 | $40,700 | $73,800 | $115,475 | $168,200 |
| Lynchburg | $36,820 | $52,200 | $76,350 | $108,100 | $152,120 |
| Phillipsburg | $21,300 | $37,775 | $62,500 | $99,350 | $150,000 |
| Plato | $31,710 | $43,500 | $89,050 | $151,300 | $220,900 |
| Richland | $23,700 | $41,625 | $74,700 | $119,750 | $178,900 |
| Stoutland | $17,880 | $34,700 | $52,800 | $89,150 | $145,660 |
Source: Ownwell
Property Tax Bills Across Laclede County, Missouri
In Laclede County, MO, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate, also known as the millage rate, is then applied to this assessed value to determine the annual tax bill. Various factors contribute to the final tax bill, including property type, location, and any applicable exemptions or deductions. The median home price in Laclede County is $72,400, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $423, while the 75th percentile reaches $1,170, and the 90th percentile can be as high as $1,737. These variations highlight how different properties and locations within the county can affect tax bills. In Lebanon, the highest median tax bill is $800, contrasting sharply with Camdenton, where the lowest median tax bill is $174. Homeowners in Laclede County should be aware of these factors as they significantly impact their annual property tax obligations, influencing both budgeting and long-term financial planning.
Average Laclede County Tax Bill
$742
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Laclede County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Camdenton | N/A | N/A | N/A | N/A | N/A |
| Conway | $153 | $296 | $499 | $791 | $1,141 |
| Eldridge | $183 | $314 | $619 | $977 | $1,451 |
| Falcon | $215 | $344 | $575 | $894 | $1,411 |
| Grovespring | $249 | $303 | $501 | $971 | $1,291 |
| Laquey | $221 | $422 | $612 | $723 | $884 |
| Lebanon | $267 | $453 | $800 | $1,237 | $1,815 |
| Lynchburg | $266 | $390 | $530 | $738 | $1,089 |
| Phillipsburg | $232 | $386 | $606 | $958 | $1,448 |
| Plato | $174 | $316 | $588 | $1,073 | $1,517 |
| Richland | $186 | $341 | $581 | $978 | $1,430 |
| Stoutland | $147 | $274 | $406 | $712 | $1,086 |
Source: Ownwell