Marionville, Stone County, Missouri Property Taxes
The median property tax rate in Marionville, MO is 0.93%, slightly below the national median of 0.99% and significantly lower than Missouri's state median of 1.20%. With a median home value of $56,900 in Marionville, the typical annual property tax bill amounts to $534, which is considerably less than the national median of $2,690. Property taxes in Marionville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Marionville'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 Marionville 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
Marionville, Stone County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.93%
Estimate Property Tax Bill
$529
$491
Ownwell’s Marionville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marionville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marionville 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 Marionville, Stone County, Missouri
Property taxes in Marionville, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marionville is 0.93%, which is slightly below the U.S. national median of 0.99%. Local government entities within Marionville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marionville 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 Marionville's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65705 has the highest median property tax rate of 0.93%, while the same zip code also has the lowest median tax rate of 0.93%. Understanding how these areas compare with Marionville provides valuable insights into the varying tax landscape across Stone County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Marionville Tax Rate
0.93%
Average Stone County Tax Rate
0.93%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marionville, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65705 | 0.73% | 0.84% | 0.93% | 1.02% | 1.03% |
Source: Ownwell
Property Tax Assessment Values Across Marionville, Stone County, Missouri
In Marionville, 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 Stone County Assessor's Office 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 Marionville, 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. The median home price in Marionville is $56,900, and property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $249, while at the 75th percentile, it is $1116. The highest median tax bill in the area is $534 in the 65705 zip code, which is also the lowest median tax bill in the same zip code. By understanding these valuation concepts, property owners can better navigate their tax responsibilities, identify opportunities for protesting assessments, or apply for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Marionville, Stone County, Missouri
Source: Ownwell
$16,000
$83,950
$151,900
Average Marionville Assessed Value
$56,900
Average Stone County Assessed Value
$50,150
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Marionville, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65705 | $9,698 | $28,575 | $56,900 | $114,150 | $170,710 |
Source: Ownwell
Property Tax Bills Across Marionville, Stone County, Missouri
In Marionville, property tax bills are calculated based on the assessed value of a home, which is determined by the Stone County Assessor's office. The assessed value is a percentage of the market value of the property. Homeowners in Marionville can expect their tax bills to vary significantly depending on the assessed value of their homes. For instance, the median home price in Marionville is $56,900. Tax bills in the city can range widely, with the 25th percentile at $249 and the 75th percentile reaching $1,116. The highest median tax bill recorded is $534, which is consistent across the zip code 65705. These property tax rates are crucial for homeowners as they directly impact annual expenses. Compared to the national median property tax rate of 0.99%, Marionville's tax rates offer a relatively affordable option for homeowners. Understanding these factors helps residents anticipate their financial obligations and manage their budgets effectively.
Average Marionville Tax Bill
$534
Average Stone County Tax Bill
$460
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Marionville, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65705 | $93 | $249 | $534 | $1,116 | $1,511 |
Source: Ownwell