Macon County, Missouri Property Taxes
The median property tax rate in Macon County is 0.97%, which is slightly lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $49,737, the typical annual property tax bill in Macon County is approximately $506, significantly less than the national median of $2,690. Property taxes in Macon County are calculated based on the assessed value, which often falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Macon 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 Macon or another part of Macon County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Macon County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$482
$448
Ownwell’s Macon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Macon with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Macon 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's 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 Macon County, Missouri
Property taxes in Macon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Macon County is 0.97%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within Macon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Macon 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. For comparison, the city of Bevier has one of the higher property tax rates in Missouri at 1.22%, while the city of Clarence boasts one of the lowest at 0.78%. Analyzing how Macon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Macon County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Macon County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anabel | 0.65% | 0.71% | 0.82% | 0.97% | 1.00% |
| Atlanta | 0.74% | 0.83% | 1.05% | 1.24% | 1.25% |
| Bevier | 0.85% | 1.05% | 1.22% | 1.31% | 1.31% |
| Bucklin | 0.95% | 1.00% | 1.16% | 1.27% | 1.36% |
| Callao | 0.90% | 1.04% | 1.20% | 1.40% | 1.42% |
| Clarence | N/A | N/A | N/A | N/A | N/A |
| Elmer | 0.72% | 0.88% | 0.97% | 1.09% | 1.24% |
| Ethel | 0.84% | 0.90% | 1.00% | 1.15% | 1.36% |
| Excello | 0.70% | 0.81% | 0.97% | 1.01% | 1.06% |
| Jacksonville | N/A | N/A | N/A | N/A | N/A |
| La Plata | 0.77% | 0.95% | 1.17% | 1.21% | 1.21% |
| Leonard | N/A | N/A | N/A | N/A | N/A |
| Macon | 0.81% | 0.93% | 0.94% | 0.97% | 1.00% |
| Marceline | N/A | N/A | N/A | N/A | N/A |
| New Boston | 0.81% | 0.88% | 0.95% | 1.10% | 1.21% |
| New Cambria | 0.84% | 0.94% | 1.10% | 1.23% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Macon County, Missouri
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Macon. 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 Macon 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 Macon 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, Jacksonville has the highest median tax bill at $1,340, while Marceline has the lowest at $321. Being aware of these valuation processes in Macon will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Macon County Assessed Value
$49,737
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Macon County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anabel | $21,268 | $33,760 | $71,692 | $125,344 | $180,832 |
| Atlanta | $19,184 | $33,768 | $59,460 | $100,206 | $145,315 |
| Bevier | $9,184 | $15,448 | $29,158 | $59,632 | $97,110 |
| Bucklin | $19,115 | $22,640 | $42,516 | $69,499 | $117,173 |
| Callao | $9,663 | $20,868 | $46,680 | $78,449 | $140,591 |
| Clarence | N/A | N/A | N/A | N/A | N/A |
| Elmer | $26,917 | $45,947 | $70,956 | $88,684 | $156,057 |
| Ethel | $15,158 | $41,895 | $96,588 | $150,366 | $251,415 |
| Excello | $11,189 | $21,605 | $57,122 | $88,158 | $137,283 |
| Jacksonville | N/A | N/A | N/A | N/A | N/A |
| La Plata | $6,816 | $16,566 | $45,026 | $81,944 | $124,180 |
| Leonard | N/A | N/A | N/A | N/A | N/A |
| Macon | $13,579 | $24,710 | $46,684 | $86,570 | $134,849 |
| Marceline | N/A | N/A | N/A | N/A | N/A |
| New Boston | $36,920 | $45,000 | $52,570 | $77,184 | $95,309 |
| New Cambria | $23,052 | $38,330 | $67,302 | $116,785 | $227,781 |
Source: Ownwell
Property Tax Bills Across Macon County, Missouri
In Macon County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners receive tax bills that reflect this assessed value multiplied by the local tax rate. Several factors come into play, including the property's location, size, and any applicable exemptions. For instance, the median home price in Macon County is $49,737. Property tax bills here vary significantly, with the 25th percentile at $251 and the 75th percentile at $879. Those at the 90th percentile can expect a tax bill around $1,318. This range shows how different factors can impact the overall tax burden on homeowners. Compared to the national median property tax rate of 0.99%, Macon County offers relatively lower tax bills. However, the impact on homeowners can still be substantial, especially for those with higher-valued properties or fewer exemptions. Understanding these elements can help homeowners better anticipate their annual tax obligations.
Average Macon County Tax Bill
$506
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Macon County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Anabel | $165 | $252 | $638 | $1,007 | $1,300 |
| Atlanta | $215 | $398 | $649 | $868 | $1,226 |
| Bevier | $106 | $181 | $355 | $657 | $1,085 |
| Bucklin | $149 | $284 | $456 | $786 | $1,220 |
| Callao | $136 | $246 | $578 | $847 | $1,562 |
| Clarence | N/A | N/A | N/A | N/A | N/A |
| Elmer | $292 | $473 | $652 | $892 | $1,147 |
| Ethel | $154 | $387 | $888 | $1,413 | $2,299 |
| Excello | $116 | $204 | $477 | $818 | $1,165 |
| Jacksonville | N/A | N/A | N/A | N/A | N/A |
| La Plata | $81 | $204 | $457 | $790 | $1,102 |
| Leonard | N/A | N/A | N/A | N/A | N/A |
| Macon | $128 | $235 | $420 | $742 | $1,203 |
| Marceline | N/A | N/A | N/A | N/A | N/A |
| New Boston | $312 | $424 | $545 | $712 | $1,053 |
| New Cambria | $243 | $428 | $815 | $1,258 | $2,071 |
Source: Ownwell