Gower, Morgan County, Missouri Property Taxes

Name: Property Tax Bills Across Gower, Morgan County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Gower, MO effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Gower, MO home value: $3,000
Median annual Gower, MO tax bill: $25, $2,375 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan County calculated?

Property taxes in Gower, MO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Gower’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gower, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Gower, Morgan County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.83%

Estimate Property Tax Bill

$25

$23

Ownwell’s Gower Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gower with just two data points. By entering your property's estimated assessed value, our calculator applies Gower’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Clinton. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gower, Morgan County, Missouri

Local government entities are responsible for setting tax rates, which can vary significantly within Missouri. Each county determines its required budget to provide essential services and then divides that by the total assessed value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws contribute to setting these rates and budgets, this is essentially the annual process.

In Gower, located in Clinton County, Missouri, the effective property tax rate is a key figure for homeowners to consider. Compared to the national median property tax rate of 1.02%, Missouri's median property tax rate stands at 0.83%, which is lower than the national average. This means that homeowners in Gower may benefit from relatively low property tax rates, potentially leading to lower annual tax bills compared to other regions in the U.S.

Understanding these local tax rates can help property owners in Gower make informed decisions about property investments and financial planning, as they navigate the complexities of property taxation in Missouri.

Property Tax Rates Across Gower, Morgan County, Missouri

Source: Ownwell

0.69%

1.35%

2.01%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Gower Tax Rate

0.83%

Median Effective Morgan County Tax Rate

0.87%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Gower, Morgan County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
64454	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Gower, Morgan County, Missouri

When examining property taxes in Gower, MO, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Morgan County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Morgan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Gower. For example, the median home price in Gower is $3,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Gower, Morgan County, Missouri

Source: Ownwell

$1,750

$74,875

$148,000

Median Gower Market Value

$3,000

Median Morgan County Market Value

$49,350

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Gower, Morgan County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
64454	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Gower, Morgan County, Missouri

In Gower, located in Morgan County, Missouri, property tax bills are determined by the assessed value of a home. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to calculate the tax bill. With a median home price of $3,000, homeowners in Gower face a property tax bill that is significantly lower than the national median property tax bill of $2,400. The 25th, 75th, and 90th percentiles of tax bills in Gower all stand at $25, indicating a consistent tax burden across different home values. This low tax bill can be attributed to the relatively low assessed home values in the area. However, even with such low tax rates, it's important for homeowners to ensure they are not overpaying. Ownwell can help by reviewing your property's assessed value and ensuring that it is fair and accurate. Our property tax appeal services can potentially save homeowners money by correcting any discrepancies and securing exemptions where applicable.

Property Tax Bills Across Gower, Morgan County, Missouri

Source: Ownwell

$15

$659

$1,303

Median Gower Tax Bill

$25

Median Morgan County Tax Bill

$420

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Gower, Morgan County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
64454	N/A	N/A	N/A	N/A	N/A

Source: Ownwell