Bradleyville, Missouri Property Taxes
The median property tax rate in Bradleyville, MO is 0.87%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value in Bradleyville of $44,780, the typical annual property tax bill is $381, significantly below the national median of $2,690. Property taxes in Bradleyville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Bradleyville'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 Bradleyville or another part of Taney County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Bradleyville, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$390
Ownwell’s Bradleyville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bradleyville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bradleyville 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 Bradleyville, Missouri
Property taxes in Bradleyville, Missouri, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Bradleyville is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Bradleyville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bradleyville 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 Bradleyville's effective property tax rate to other areas in Missouri and the national median. For comparison, the zip code 65614 has both the highest and lowest median property tax rate of 0.87%. Understanding how these areas compare with Bradleyville provides valuable insights into the varying tax landscape across Taney County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bradleyville Tax Rate
0.87%
Average Taney County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bradleyville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65614 | 0.78% | 0.83% | 0.87% | 0.88% | 0.88% |
Source: Ownwell
Property Tax Assessment Values Across Bradleyville, Missouri
In Bradleyville, 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 Taney County Assessor 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 in Bradleyville 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 instance, the median home price in Bradleyville is $44,780, with tax bills ranging from $127 at the 25th percentile to $1,096 at the 90th percentile. The zip code 65614 has the highest and lowest median tax bill at $381. 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 their tax burden.
Average Bradleyville Assessed Value
$44,780
Average Taney County Assessed Value
$44,055
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bradleyville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65614 | $1,324 | $15,168 | $44,780 | $82,722 | $131,910 |
Source: Ownwell
Property Tax Bills Across Bradleyville, Missouri
In Bradleyville, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is a percentage of the market value of the property. The tax rate applied to this assessed value varies, but it directly influences the final tax bill homeowners receive. For example, the median home price in Bradleyville is $44,780, and the property tax rate in Taney County is relatively low compared to the national median property tax rate of 0.99%. Homeowners in Bradleyville can expect their tax bills to vary significantly. At the 25th percentile, tax bills are around $127, while at the 75th percentile, they can reach up to $698. The highest tax bills, at the 90th percentile, can be as much as $1,096. These variations are due to differences in property values and specific tax rates applied. Understanding these factors can help homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Bradleyville Tax Bill
$381
Average Taney County Tax Bill
$449
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Bradleyville, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65614 | $13 | $127 | $381 | $698 | $1,096 |
Source: Ownwell