Blackburn, Saline County, Missouri Property Taxes
The median property tax rate in Blackburn, MO is 1.53%, considerably higher than both the national median of 0.99% and the Missouri state median of 1.20%. With the median home value in Blackburn, the typical annual property tax bill reaches $869, falling below the national median of $2,690. Property taxes in Blackburn are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Blackburn's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Blackburn 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
Blackburn, Saline County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$998
$926
Ownwell’s Blackburn Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Blackburn with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Blackburn to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Blackburn, Saline County, Missouri
Property taxes in Blackburn, Missouri, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blackburn is 1.53%, significantly higher than both the Missouri state median and the U.S. national median of 0.99%. Local government entities within Blackburn set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blackburn 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 Blackburn's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65321 zip code has the highest median property tax rate of 1.53%, while the same zip code also has the lowest median tax rate of 1.53%. Understanding how these cities compare with Blackburn provides valuable insights into the varying tax landscape across Saline County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blackburn Tax Rate
1.53%
Average Saline County Tax Rate
1.17%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blackburn, Saline County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65321 | 1.06% | 1.23% | 1.53% | 1.53% | 1.53% |
Source: Ownwell
Property Tax Assessment Values Across Blackburn, Saline County, Missouri
In Blackburn, 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 Saline 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. 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. For example, the median home price in Blackburn is $65,206, with tax bills ranging from $498 at the 25th percentile to $2,582 at the 90th percentile. The zip code 65321 has both the highest and lowest median tax bill at $869. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Blackburn, Saline County, Missouri
Source: Ownwell
$43,818
$79,496
$115,174
Average Blackburn Assessed Value
$65,206
Average Saline County Assessed Value
$78,621
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blackburn, Saline County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65321 | $16,964 | $32,664 | $65,206 | $129,773 | $222,596 |
Source: Ownwell
Property Tax Bills Across Blackburn, Saline County, Missouri
In Blackburn, Saline County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Blackburn is $65,206. Once the home’s assessed value is determined, local tax rates are applied to calculate the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. Homeowners in Blackburn can expect tax bills to vary significantly. For instance, the 25th percentile tax bill is $498, while the 75th percentile tax bill reaches $1,585. At the 90th percentile, homeowners might see tax bills as high as $2,582. This range illustrates the variability in property tax obligations based on property values and other influencing factors. Compared to the national median property tax rate of 0.99%, Blackburn's property tax rates reflect the local economic conditions and funding requirements for public services. Understanding these factors helps homeowners anticipate their annual property tax expenses and plan their finances accordingly.
Average Blackburn Tax Bill
$869
Average Saline County Tax Bill
$974
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Blackburn, Saline County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65321 | $264 | $498 | $869 | $1,585 | $2,582 |
Source: Ownwell