Bland, Maries County, Missouri Property Taxes
The median property tax rate in Bland, MO is 0.85%, which is notably lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $73,400 in Bland, the typical annual property tax bill amounts to $627, significantly under the national median of $2,690. Property taxes in Bland are determined based on the tax assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Bland'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 Bland or another part of the city, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bland, Maries County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.85%
Estimate Property Tax Bill
$624
$579
Ownwell’s Bland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bland 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 Bland, Maries County, Missouri
Property taxes in Bland, Missouri, play a crucial role in financing essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bland is 0.85%, which is lower than the U.S. national median of 0.99%. Local government entities within Bland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bland 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 Bland's effective property tax rate to other counties in Missouri and the national median. For comparison, the zip code 65014 has both the highest and lowest median property tax rate of 0.85%. Understanding how these cities compare with Bland provides valuable insights into the varying tax landscape across Maries County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bland Tax Rate
0.85%
Average Maries County Tax Rate
0.89%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bland, Maries County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65014 | 0.80% | 0.82% | 0.85% | 0.88% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Bland, Maries County, Missouri
In Bland, 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 Maries County Appraisal District 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 Bland, 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 Bland 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 65014, with a median bill of $627.00.
Property Tax Assessment Values Across Bland, Maries County, Missouri
Source: Ownwell
$57,650
$77,075
$96,500
Average Bland Assessed Value
$73,400
Average Maries County Assessed Value
$66,000
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bland, Maries County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65014 | $20,330 | $50,025 | $73,400 | $108,850 | $140,450 |
Source: Ownwell
Property Tax Bills Across Bland, Maries County, Missouri
In Bland, located in Maries County, MO, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is a percentage of the property's market value, which in this area has a median home price of $73,400. The local tax rate is applied to this assessed value to calculate the annual tax bill. For instance, homeowners in Bland can expect tax bills that range significantly. The 25th percentile tax bill is around $446, while the 75th percentile tax bill is approximately $903. For those at the higher end, the 90th percentile tax bill reaches up to $1,173. These tax bills can have a substantial impact on homeowners, influencing their annual budgeting and long-term financial planning. Compared to the national median property tax rate of 0.99%, Bland's tax bills reflect the local economic conditions and property values. Understanding how these factors interplay can help homeowners better anticipate their financial responsibilities and plan accordingly.
Average Bland Tax Bill
$627
Average Maries County Tax Bill
$586
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Bland, Maries County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65014 | $188 | $446 | $627 | $903 | $1,173 |
Source: Ownwell