Saddlebrooke, Taney County, Missouri Property Taxes
The median property tax rate in Saddlebrooke, MO is 1.13%, slightly above the national median of 0.99% but below the Missouri state median of 1.20%. With the median home value in Saddlebrooke at $322,050, the typical annual property tax bill reaches $3,519, surpassing the national median of $2,690. Property taxes in Saddlebrooke 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 Saddlebrooke'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 Saddlebrooke 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
Saddlebrooke, Taney County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$3,639
$3,377
Ownwell’s Saddlebrooke Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saddlebrooke with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saddlebrooke 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 Saddlebrooke, Taney County, Missouri
Property taxes in Saddlebrooke, Missouri, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saddlebrooke is 0.75%, significantly lower than both the Missouri state median of 0.93% and the U.S. national median of 0.99%. Local government entities within Saddlebrooke set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saddlebrooke 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 Saddlebrooke's effective property tax rate to other counties in Missouri and the national median. For comparison, the 65672 zip code has the highest median property tax rate of 0.93%, while the 65630 zip code has the lowest median tax rate of 0.75%. Understanding how these areas compare with Saddlebrooke 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 Saddlebrooke Tax Rate
1.13%
Average Taney County Tax Rate
0.97%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saddlebrooke, Taney County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65630 | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Saddlebrooke, Taney County, Missouri
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Saddlebrooke, Missouri. 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 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. In Saddlebrooke, 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. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Saddlebrooke helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the zip code 65630 has both the highest and lowest median tax bills at $3,519.
Property Tax Assessment Values Across Saddlebrooke, Taney County, Missouri
Source: Ownwell
$3,708
$162,879
$322,050
Average Saddlebrooke Assessed Value
$322,050
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 Saddlebrooke, Taney County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65630 | $20,000 | $35,000 | $322,050 | $581,040 | $966,022 |
Source: Ownwell
Property Tax Bills Across Saddlebrooke, Taney County, Missouri
In Saddlebrooke, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. For instance, if a home's market value is $322,050, the assessed value is determined by local assessment rates. Once the assessed value is established, the tax rate set by Taney County is applied. This rate is influenced by local government budgets and funding requirements for public services such as schools and infrastructure. Homeowners in Saddlebrooke can see significant variations in their tax bills. For example, tax bills in the 25th percentile are around $234, while those in the 75th percentile can reach $5,534. The highest tax bills, in the 90th percentile, can be as high as $9,147. These variations depend on the property's assessed value and any applicable exemptions or deductions. Property taxes in Saddlebrooke significantly impact homeowners, influencing their overall cost of living and financial planning. Understanding how these taxes are calculated helps homeowners anticipate their annual expenses and manage their budgets effectively.
Average Saddlebrooke Tax Bill
$3,519
Average Taney County Tax Bill
$449
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Saddlebrooke, Taney County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65630 | $226 | $234 | $3,519 | $5,534 | $9,147 |
Source: Ownwell