Osage County, Missouri Property Taxes
The median property tax rate in Osage County is 0.86%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $30,816, the typical annual property tax bill in Osage County is $261, significantly below the national median of $2,690. Property taxes in Osage County are calculated based on the assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Osage County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide substantial annual savings. Whether you reside in Linn or another part of Osage County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Osage County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.86%
Estimate Property Tax Bill
$265
$246
Ownwell’s Osage County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Osage County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Osage County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Osage County, Missouri
Property taxes in Osage County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Osage County is 0.86%, which is lower than the U.S. national median of 0.99%. Local government entities within Osage County set these rates annually, and they can vary significantly between different areas within the county. Each year, Osage County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Osage County's effective property tax rate with other regions in Missouri and the national median. For comparison, the city of Chamois has one of the higher property tax rates in Missouri at 1.11%, while the city of Koeltztown boasts one of the lowest at 0.78%. Analyzing how Osage County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Osage County Tax Rate
0.86%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Osage County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Argyle | N/A | N/A | N/A | N/A | N/A |
| Belle | 0.65% | 0.80% | 0.87% | 0.90% | 0.90% |
| Bland | 0.55% | 0.67% | 0.81% | 0.84% | 0.88% |
| Bonnots Mill | 0.57% | 0.67% | 0.89% | 0.90% | 0.90% |
| Chamois | 0.83% | 0.94% | 1.11% | 1.34% | 1.35% |
| Freeburg | 0.77% | 0.84% | 0.85% | 0.85% | 0.85% |
| Jefferson City | 0.81% | 0.84% | 0.90% | 0.90% | 0.90% |
| Koeltztown | 0.54% | 0.64% | 0.78% | 0.85% | 0.85% |
| Linn | 0.63% | 0.80% | 0.95% | 0.96% | 1.13% |
| Loose Creek | 0.59% | 0.69% | 0.89% | 0.90% | 1.12% |
| Meta | 0.63% | 0.80% | 0.87% | 0.95% | 0.95% |
| Morrison | 0.70% | 0.76% | 0.91% | 1.14% | 1.16% |
| Saint Thomas | N/A | N/A | N/A | N/A | N/A |
| Westphalia | 0.55% | 0.71% | 0.81% | 0.87% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Osage County, Missouri
In Osage County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Osage County Appraisal District. The assessed value, however, 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. Assessment notices in Osage County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Saint Thomas has the highest median tax bill at $404, while Jefferson City has the lowest at $106. Being aware of these valuation processes in Osage County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Osage County Assessed Value
$30,816
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Osage County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Argyle | N/A | N/A | N/A | N/A | N/A |
| Belle | $13,612 | $18,796 | $33,178 | $58,645 | $133,405 |
| Bland | $7,713 | $18,012 | $40,963 | $64,294 | $160,562 |
| Bonnots Mill | $4,129 | $13,428 | $27,600 | $50,122 | $79,041 |
| Chamois | $4,802 | $12,450 | $22,441 | $45,488 | $63,469 |
| Freeburg | $6,918 | $20,752 | $34,978 | $83,162 | $171,296 |
| Jefferson City | $9,263 | $10,580 | $12,528 | $19,060 | $25,180 |
| Koeltztown | $14,347 | $17,908 | $44,883 | $96,879 | $122,752 |
| Linn | $12,554 | $21,599 | $38,675 | $89,587 | $178,985 |
| Loose Creek | $11,829 | $18,547 | $32,598 | $83,174 | $128,390 |
| Meta | $2,009 | $9,229 | $24,930 | $61,853 | $85,579 |
| Morrison | $8,740 | $12,765 | $34,481 | $65,386 | $88,692 |
| Saint Thomas | N/A | N/A | N/A | N/A | N/A |
| Westphalia | $14,159 | $20,474 | $26,430 | $39,973 | $80,528 |
Source: Ownwell
Property Tax Bills Across Osage County, Missouri
In Osage County, MO, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Several factors influence the final tax amount, including the property's location, size, and any applicable exemptions. For instance, the median home price in Osage County is $30,816, and tax bills can vary significantly. The 25th percentile of tax bills is around $134, while the 75th percentile reaches $495. At the 90th percentile, homeowners might see tax bills as high as $1,228. Among the cities in Osage County, Saint Thomas has the highest median tax bill at $404, whereas Jefferson City has the lowest at $106. These variations highlight how local factors and property values impact homeowners' tax obligations, making it essential to understand how these elements come together to shape individual tax bills.
Average Osage County Tax Bill
$261
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Osage County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Argyle | N/A | N/A | N/A | N/A | N/A |
| Belle | $111 | $163 | $283 | $467 | $819 |
| Bland | $34 | $134 | $310 | $499 | $1,327 |
| Bonnots Mill | $43 | $118 | $228 | $379 | $627 |
| Chamois | $65 | $137 | $255 | $435 | $679 |
| Freeburg | $58 | $177 | $291 | $670 | $1,533 |
| Jefferson City | $83 | $95 | $106 | $185 | $216 |
| Koeltztown | $104 | $123 | $269 | $725 | $1,026 |
| Linn | $107 | $181 | $326 | $765 | $1,702 |
| Loose Creek | $90 | $125 | $308 | $639 | $1,294 |
| Meta | $19 | $51 | $238 | $519 | $636 |
| Morrison | $63 | $134 | $280 | $624 | $775 |
| Saint Thomas | N/A | N/A | N/A | N/A | N/A |
| Westphalia | $108 | $158 | $212 | $344 | $595 |
Source: Ownwell