Bellflower, Montgomery County, Missouri Property Taxes
The median property tax rate in Bellflower, MO, is 1.22%, which is higher than both the national median of 0.99% and Missouri's state median of 1.20%. With a median home value of $22,400 in Bellflower, the typical annual property tax bill amounts to $291, which is significantly lower than the national median of $2,690. Property taxes in Bellflower are calculated based on the assessed value, which is often less than the market value due to various exemptions such as those for primary residences and agricultural properties. By understanding Bellflower's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners and real estate investors can achieve substantial annual savings. Whether you're in the heart of Bellflower or another part of Montgomery County, familiarizing yourself with the local property tax system will offer considerable financial benefits.
Last Updated June 14, 2024
Bellflower, Montgomery County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.22%
Estimate Property Tax Bill
$273
$254
Ownwell’s Bellflower Property Tax Bill Calculator is a valuable resource for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Bellflower. By simply entering your property's estimated assessed value, the calculator applies the median tax rate specific to Bellflower to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, helping you make informed financial decisions. For those interested in more detailed insights, including neighborhood trends, additional localized information is available. Your property's assessed value, determined by the county, serves as the basis for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Bellflower, Montgomery County, Missouri
Property taxes in Bellflower, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Bellflower is 1.22%, significantly higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Bellflower set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bellflower 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 Bellflower's effective property tax rate to other counties in Missouri and the national median. For comparison, the 63333 zip code has the highest median property tax rate of 1.22%, while the same zip code also has the lowest median tax rate of 1.22%. Understanding how these cities compare with Bellflower provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bellflower Tax Rate
1.22%
Average Montgomery County Tax Rate
1.11%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bellflower, Montgomery County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63333 | 1.06% | 1.21% | 1.22% | 1.27% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Bellflower, Montgomery County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Bellflower, 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 Montgomery 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 Bellflower, 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 Bellflower 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 63333, with a median tax bill of $291, while the lowest is also 63333, with a median tax bill of $291.
Property Tax Assessment Values Across Bellflower, Montgomery County, Missouri
Source: Ownwell
$17,450
$53,275
$89,100
Average Bellflower Assessed Value
$22,400
Average Montgomery County Assessed Value
$47,300
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bellflower, Montgomery County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63333 | $2,440 | $6,150 | $22,400 | $54,000 | $99,300 |
Source: Ownwell
Property Tax Bills Across Bellflower, Montgomery County, Missouri
In Bellflower, located in Montgomery County, MO, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. Homeowners' tax bills are influenced by various factors, including the property's assessed value, the local tax rate, and any applicable exemptions or deductions. The median home price in Bellflower is $22,400, and the median property tax rate in the region is relatively low compared to the national median of 0.99%. This results in a range of property tax bills, with the 25th percentile being around $74 and the 75th percentile reaching up to $689. For those at the 90th percentile, tax bills can go as high as $1,090. These property taxes directly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Understanding how property tax bills are calculated can help homeowners anticipate their annual expenses and plan their finances accordingly.
Average Bellflower Tax Bill
$291
Average Montgomery County Tax Bill
$560
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Bellflower, Montgomery County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63333 | $32 | $74 | $291 | $689 | $1,090 |
Source: Ownwell