Stella, Newton County, Missouri Property Taxes
The median property tax rate in Stella, MO is 1.00%, just slightly above the national median of 0.99% but lower than the Missouri state median of 1.20%. With the median home value in Stella at $30,800, the typical annual property tax bill amounts to $311, which is significantly below the national median of $2,690. Property taxes in Stella are calculated based on the tax assessed value, which is often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Stella'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 Stella or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stella, Newton County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1%
Estimate Property Tax Bill
$308
$286
Ownwell’s Stella Property Tax Bill Calculator is a powerful tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stella. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Stella to provide an accurate estimate of your property tax bill. This valuable tool helps you anticipate your tax liabilities, making financial planning easier. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by Newton County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Stella, Newton County, Missouri
Property taxes in Stella, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stella is 1.00%, slightly higher than the U.S. national median of 0.99%. Local government entities within Stella set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stella 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 Stella's effective property tax rate to other counties in Missouri and the national median. For comparison, the 64867 zip code has the highest median property tax rate of 1.00%, while the 64867 zip code also has the lowest median tax rate of 1.00%. Understanding how these cities compare with Stella provides valuable insights into the varying tax landscape across Newton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stella Tax Rate
1.00%
Average Newton County Tax Rate
1.09%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stella, Newton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64867 | 0.95% | 0.96% | 1.00% | 1.03% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Stella, Newton County, Missouri
In Stella, 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 Newton 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 Stella, 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 Stella helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Residents in the 64867 zip code experience the highest and lowest median tax bills, both at $311.
Property Tax Assessment Values Across Stella, Newton County, Missouri
Source: Ownwell
$30,800
$110,850
$190,900
Average Stella Assessed Value
$30,800
Average Newton County Assessed Value
$71,800
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stella, Newton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64867 | $9,340 | $20,600 | $30,800 | $55,800 | $78,940 |
Source: Ownwell
Property Tax Bills Across Stella, Newton County, Missouri
In Stella, Newton County, MO, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in Stella is $30,800, and property taxes are levied to support local services like schools and infrastructure. The tax bill can vary significantly; the 25th percentile tax bill is $209, while the 75th percentile reaches $562, and the 90th percentile can be as high as $785. Homeowners in Stella face a median property tax rate that aligns closely with the national median of 0.99%. The highest and lowest median tax bills in the area both stand at $311, specifically in the 64867 zip code. These tax bills reflect the local government's budgetary needs and the assessed property values. For homeowners, understanding these factors is crucial, as property taxes directly impact annual housing costs. Accurate assessments ensure fair taxation, contributing to the community's overall financial health.
Average Stella Tax Bill
$311
Average Newton County Tax Bill
$791
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Stella, Newton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64867 | $89 | $209 | $311 | $562 | $785 |
Source: Ownwell