California, Moniteau County, Missouri Property Taxes
The median property tax rate in California, MO is 1.03%, slightly higher than the national median of 0.99% but lower than Missouri's state median of 1.20%. With a median home value of $93,000, the typical annual property tax bill in California, MO comes to $1,031, which is below the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the market value due to exemptions like those for primary residences and agricultural properties. Understanding California, MO'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 California, MO, or another part of Moniteau County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
California, Moniteau County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.03%
Estimate Property Tax Bill
$958
$889
Ownwell’s California Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in California with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in California 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 California, Moniteau County, Missouri
Property taxes in California, Missouri, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in California stands at 1.03%, surpassing both the Missouri state median and the U.S. national median of 0.99%. Local government entities within California set these rates annually, and they can vary significantly across different neighborhoods. Each year, California 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 California's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65018 zip code has the highest median property tax rate of 1.03%, while the same 65018 zip code also has the lowest median tax rate of 1.03%. Understanding how these cities compare with California provides valuable insights into the varying tax landscape across Moniteau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average California Tax Rate
1.03%
Average Moniteau County Tax Rate
1.03%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across California, Moniteau County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65018 | 0.95% | 1.01% | 1.03% | 1.03% | 4.44% |
Source: Ownwell
Property Tax Assessment Values Across California, Moniteau County, Missouri
In California, 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 Moniteau 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 California, 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. The median home price in Moniteau County is $93,000, with the 25th percentile tax bill at $618 and the 75th percentile at $1,791. The highest median tax bill is found in zip code 65018, amounting to $1,031. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across California, Moniteau County, Missouri
Source: Ownwell
$47,900
$90,200
$132,500
Average California Assessed Value
$93,000
Average Moniteau County Assessed Value
$88,800
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across California, Moniteau County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65018 | $34,100 | $56,675 | $93,000 | $140,900 | $202,630 |
Source: Ownwell
Property Tax Bills Across California, Moniteau County, Missouri
In California, located in Moniteau County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the property's market value and forms the basis for the tax bill. Various factors influence this valuation, including the home's location, size, and condition. The median home price in this area is $93,000. Property tax rates in Moniteau County can vary, but the tax bills range significantly. At the 25th percentile, homeowners can expect a tax bill of $618, while those at the 75th percentile might see bills around $1,791. The highest median tax bill recorded is $1,031, applicable to the zip code 65018. Property taxes are crucial for funding local services such as schools, public safety, and infrastructure. For homeowners, understanding these taxes is essential, as they directly impact annual housing costs and overall financial planning. Comparing the local tax rate to the national median of 0.99% helps provide context for these figures.
Average California Tax Bill
$1,031
Average Moniteau County Tax Bill
$1,018
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across California, Moniteau County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65018 | $369 | $618 | $1,031 | $1,791 | $4,524 |
Source: Ownwell