Ozark County, Missouri Property Taxes
The median property tax rate in Ozark County is 0.74%, which is significantly lower than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Ozark County at $64,800, the typical annual property tax bill is $481, far below the national median of $2,690. Property taxes in Ozark County are calculated based on the assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ozark County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Gainesville or another part of Ozark County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ozark County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$480
$445
Ownwell’s Ozark County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ozark County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ozark County to estimate your property tax bill. This insight 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 Ozark County, Missouri
Property taxes in Ozark County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ozark County is 0.74%, which is lower than the Missouri state median of 0.99% and the U.S. national median of 0.99%. Local government entities within Ozark County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ozark 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. For comparison, the city of Udall has one of the higher property tax rates in Missouri at 1.05%, while the city of Noble boasts one of the lowest at 0.65%. Analyzing how Ozark County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ozark County Tax Rate
0.74%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ozark County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ava | 0.59% | 0.63% | 0.68% | 0.74% | 0.86% |
| Bakersfield | 0.94% | 1.02% | 1.05% | 1.15% | 1.15% |
| Brixey | 0.58% | 0.62% | 0.65% | 0.66% | 0.68% |
| Caulfield | 0.83% | 0.98% | 1.03% | 1.04% | 1.05% |
| De Soto | N/A | N/A | N/A | N/A | N/A |
| Dora | 0.72% | 0.76% | 0.79% | 0.81% | 0.81% |
| Drury | 0.74% | 0.76% | 0.78% | 0.81% | 0.81% |
| Gainesville | 0.61% | 0.64% | 0.66% | 0.74% | 0.74% |
| Hardenville | 0.62% | 0.64% | 0.66% | 0.66% | 0.66% |
| Isabella | 0.79% | 0.81% | 0.81% | 0.81% | 0.81% |
| Noble | 0.59% | 0.62% | 0.65% | 0.66% | 0.69% |
| Pontiac | 0.65% | 0.66% | 0.66% | 0.66% | 0.66% |
| Pottersville | 0.81% | 0.92% | 1.01% | 1.04% | 1.05% |
| Protem | N/A | N/A | N/A | N/A | N/A |
| Squires | 0.59% | 0.63% | 0.66% | 0.73% | 0.74% |
| Tecumseh | 0.63% | 0.65% | 0.66% | 0.74% | 0.81% |
| Theodosia | 0.74% | 0.80% | 0.81% | 0.87% | 0.87% |
| Thornfield | 0.62% | 0.66% | 0.71% | 0.74% | 0.74% |
| Udall | 1.01% | 1.04% | 1.05% | 1.05% | 1.05% |
| Wasola | 0.58% | 0.62% | 0.65% | 0.66% | 0.69% |
| Zanoni | 0.66% | 0.72% | 0.78% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Ozark County, Missouri
In Ozark 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 Ozark 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 Ozark 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. Being aware of these valuation processes in Ozark County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Ozark County, the highest median tax bill is in De Soto at $1,024, while the lowest is in Ava at $283.
Average Ozark County Assessed Value
$64,800
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ozark County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ava | $30,400 | $36,050 | $43,700 | $74,375 | $118,500 |
| Bakersfield | $18,630 | $32,025 | $56,150 | $102,050 | $128,010 |
| Brixey | $17,520 | $29,550 | $50,600 | $78,600 | $108,820 |
| Caulfield | $21,110 | $38,025 | $62,750 | $103,725 | $155,640 |
| De Soto | N/A | N/A | N/A | N/A | N/A |
| Dora | $28,220 | $45,725 | $73,600 | $105,750 | $153,730 |
| Drury | $14,080 | $46,250 | $64,100 | $114,350 | $134,020 |
| Gainesville | $24,300 | $38,150 | $63,000 | $96,900 | $137,740 |
| Hardenville | $20,930 | $35,050 | $63,650 | $125,925 | $164,280 |
| Isabella | $28,120 | $41,625 | $78,900 | $117,025 | $163,410 |
| Noble | $27,800 | $44,525 | $83,700 | $114,250 | $165,800 |
| Pontiac | $28,790 | $46,675 | $82,600 | $128,275 | $184,190 |
| Pottersville | $16,000 | $42,000 | $84,100 | $132,700 | $174,100 |
| Protem | N/A | N/A | N/A | N/A | N/A |
| Squires | $27,000 | $43,100 | $66,900 | $96,600 | $143,500 |
| Tecumseh | $21,830 | $32,650 | $66,950 | $100,275 | $141,310 |
| Theodosia | $20,080 | $41,650 | $72,800 | $107,750 | $167,340 |
| Thornfield | $22,560 | $34,225 | $59,150 | $101,175 | $149,310 |
| Udall | $18,400 | $28,700 | $42,800 | $59,400 | $96,220 |
| Wasola | $24,620 | $35,750 | $57,900 | $97,900 | $145,240 |
| Zanoni | $20,140 | $28,900 | $63,300 | $87,700 | $167,800 |
Source: Ownwell
Property Tax Bills Across Ozark County, Missouri
In Ozark County, MO, property tax bills are determined by assessing the value of a property and applying the local tax rate to this assessed value. The median home price in the county is $64,800. Property taxes are calculated based on this assessed value, and the local tax rate is applied to determine the final tax bill. Factors such as property improvements, location, and market conditions can influence the assessed value. Homeowners in Ozark County experience a range of property tax bills. The 25th percentile tax bill is $273, while the 75th percentile tax bill reaches $769. For those in the 90th percentile, tax bills can go up to $1,178. The highest median tax bill in the region is found in De Soto at $1,024, while the lowest is in Ava at $283. Compared to the national median property tax rate of 0.99%, Ozark County offers relatively affordable property tax rates, which can be a significant factor for homeowners considering the financial implications of property ownership.
Average Ozark County Tax Bill
$481
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Ozark County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ava | $209 | $234 | $283 | $529 | $911 |
| Bakersfield | $203 | $323 | $613 | $1,031 | $1,391 |
| Brixey | $105 | $179 | $328 | $579 | $735 |
| Caulfield | $197 | $372 | $629 | $1,025 | $1,533 |
| De Soto | N/A | N/A | N/A | N/A | N/A |
| Dora | $212 | $354 | $581 | $829 | $1,237 |
| Drury | $112 | $355 | $501 | $894 | $1,052 |
| Gainesville | $164 | $262 | $430 | $641 | $913 |
| Hardenville | $139 | $207 | $414 | $967 | $1,093 |
| Isabella | $222 | $334 | $632 | $945 | $1,320 |
| Noble | $171 | $284 | $516 | $720 | $1,077 |
| Pontiac | $194 | $312 | $566 | $869 | $1,237 |
| Pottersville | $143 | $421 | $786 | $1,345 | $1,762 |
| Protem | N/A | N/A | N/A | N/A | N/A |
| Squires | $169 | $292 | $437 | $653 | $973 |
| Tecumseh | $144 | $226 | $452 | $747 | $996 |
| Theodosia | $154 | $335 | $604 | $877 | $1,355 |
| Thornfield | $162 | $244 | $430 | $690 | $1,013 |
| Udall | $193 | $281 | $421 | $669 | $996 |
| Wasola | $156 | $222 | $357 | $624 | $971 |
| Zanoni | $149 | $221 | $443 | $631 | $1,326 |
Source: Ownwell