Everton, Lawrence County, Missouri Property Taxes
The median property tax rate in Everton, MO is 0.94%, slightly below the national median of 0.99% and significantly lower than Missouri's state median of 1.20%. With the median home value in Everton at $75,483, the typical annual property tax bill is $689, which is well below the national median of $2,690. Property taxes in Everton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Everton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Everton or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Everton, Lawrence County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.94%
Estimate Property Tax Bill
$710
$658
Ownwell’s Everton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Everton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Everton 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 Everton, Lawrence County, Missouri
Property taxes in Everton, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Everton is 0.94%, slightly below the national median of 0.99%. Local government entities within Everton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Everton 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 Everton's effective property tax rate to other areas and the national median. For comparison, the zip code 65646 has both the highest and lowest median property tax rate of 0.94%. Understanding how these areas compare with Everton provides valuable insights into the varying tax landscape across Lawrence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Everton Tax Rate
0.94%
Average Lawrence County Tax Rate
0.92%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Everton, Lawrence County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65646 | 0.83% | 0.89% | 0.94% | 0.96% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Everton, Lawrence County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Everton, Missouri. 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 Lawrence 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 Everton, 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. Being aware of these valuation processes in Everton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 65646 at $689, while the same zip code also has the lowest median tax bill at $689, reflecting the uniformity in property tax assessments within the area.
Property Tax Assessment Values Across Everton, Lawrence County, Missouri
Source: Ownwell
$35,759
$81,807
$127,855
Average Everton Assessed Value
$75,483
Average Lawrence County Assessed Value
$87,220
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Everton, Lawrence County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65646 | $24,611 | $45,333 | $75,483 | $137,728 | $231,966 |
Source: Ownwell
Property Tax Bills Across Everton, Lawrence County, Missouri
In Everton, located in Lawrence County, MO, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local assessor and represents a percentage of your property's market value. For instance, with a median home price of $75,483, the assessed value forms the foundation for calculating the property tax bill. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Homeowners in Everton can expect their tax bills to vary significantly, with the 25th percentile tax bill around $413 and the 75th percentile reaching up to $1,243. The 90th percentile tax bill can be as high as $2,125. Comparing these figures to the national median property tax rate of 0.99%, Everton's property tax landscape provides a range of financial impacts on homeowners. Understanding these factors helps residents anticipate their annual property tax obligations and plan their finances accordingly.
Average Everton Tax Bill
$689
Average Lawrence County Tax Bill
$784
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Everton, Lawrence County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65646 | $235 | $413 | $689 | $1,243 | $2,125 |
Source: Ownwell