Eolia, Pike County, Missouri Property Taxes
Median Eolia, MO effective property tax rate: 1.11%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Eolia, MO home value: $139,600. Median annual Eolia, MO tax bill: $1,537, $863 lower than the national median property tax bill of $2,400.
How are property taxes in Pike County calculated?
Property taxes in Eolia, 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 Eolia’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eolia, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Eolia, Pike County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.11%
Estimate Property Tax Bill
$1,550
$1,438
Ownwell’s Eolia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eolia with just two data points. By entering your property's estimated assessed value, our calculator applies Eolia’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 Pike County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Eolia, Pike County, Missouri
Local government entities determine tax rates, which can vary significantly within Missouri. The process involves each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In Eolia, located in Pike County, the effective property tax rate is 1.11%, which stands out when compared to other cities in Missouri. This rate is slightly above the national median property tax rate of 1.02%, highlighting the unique tax landscape of the area. With the national median property tax bill at $2,400, property owners in Eolia may find their tax obligations to be relatively higher, reflecting the county's budgetary needs and property valuations. Understanding these dynamics can empower property owners to make informed decisions about their tax liabilities and potential appeal opportunities.
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 Eolia Tax Rate
1.11%
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 Pike County Tax Rate
1.04%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eolia, Pike County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63344 | 0.91% | 0.95% | 1.11% | 1.16% | 1.20% |
Source: Ownwell
Property Tax Assessment Values Across Eolia, Pike County, Missouri
When examining property taxes in Eolia, Missouri, 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 Pike County Assessor 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 Pike 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 Eolia. For example, the median home price in Eolia is $139,600, with tax bills ranging significantly across the county. Zip code 63344 has the highest median home price at $139,600.
Property Tax Assessment Values Across Eolia, Pike County, Missouri
Source: Ownwell
$39,935
$109,673
$179,410
Median Eolia Market Value
$139,600
Median Pike County Market Value
$71,050
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Eolia, Pike County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63344 | $34,077 | $77,478 | $139,600 | $278,942 | $366,306 |
Source: Ownwell
Property Tax Bills Across Eolia, Pike County, Missouri
Median Eolia Tax Bill
$1,537
Median Pike County Tax Bill
$720
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Eolia, Pike County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63344 | $523 | $923 | $1,537 | $2,926 | $4,098 |
Source: Ownwell