Mountain View, Texas County, Missouri Property Taxes
The median property tax rate in Mountain View, MO is 0.78%, which is lower than both the national median of 0.99% and the Missouri state median of 1.20%. With a median home value of $62,180 in Mountain View, the typical annual property tax bill amounts to $479, significantly below the national median of $2,690. Property taxes in Mountain View are calculated based on the tax assessed value, which generally falls below the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Mountain View'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 Mountain View 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
Mountain View, Texas County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.78%
Estimate Property Tax Bill
$485
$450
Ownwell’s Mountain View Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mountain View with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mountain View 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 Mountain View, Texas County, Missouri
Property taxes in Mountain View, Missouri, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Mountain View is 0.78%, which is lower than the U.S. national median of 0.99%. Local government entities within Mountain View set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mountain View 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 Mountain View's effective property tax rate to other regions and the national median. For comparison, the 65548 ZIP code has the highest median property tax rate of 0.78%, while the same 65548 ZIP code also has the lowest median tax rate of 0.78%. Understanding how these areas compare with Mountain View provides valuable insights into the varying tax landscape across Howell County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mountain View Tax Rate
0.78%
Average Texas County Tax Rate
0.70%
Average Missouri Tax Rate
1.20%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mountain View, Texas County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65548 | 0.65% | 0.73% | 0.78% | 0.81% | 0.82% |
Source: Ownwell
Property Tax Assessment Values Across Mountain View, Texas County, Missouri
In Mountain View, 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 county 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 Mountain View, 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 Mountain View helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 65548 has the highest median tax bill at $479, while the lowest median tax bill is also in zip code 65548 at $479.
Property Tax Assessment Values Across Mountain View, Texas County, Missouri
Source: Ownwell
$47,880
$79,465
$111,050
Average Mountain View Assessed Value
$62,180
Average Texas County Assessed Value
$74,330
Average Missouri Assessed Value
$129,505
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mountain View, Texas County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65548 | $26,316 | $40,360 | $62,180 | $108,730 | $164,334 |
Source: Ownwell
Property Tax Bills Across Mountain View, Texas County, Missouri
In Mountain View, Texas County, MO, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in Mountain View is $62,180. Local tax rates are applied to this assessed value to determine the annual tax bill. Factors such as property improvements, neighborhood developments, and overall market trends can influence the assessed value, thereby affecting the tax bill. For instance, homeowners in the 25th percentile can expect a tax bill around $295, while those in the 75th percentile might pay approximately $829. Those at the 90th percentile could see bills as high as $1,274. The highest and lowest median tax bills in the area are both $479, indicating a relatively consistent tax environment. Compared to the national median property tax rate of 0.99%, Mountain View's rates may offer a more affordable option for homeowners. Understanding these factors helps homeowners anticipate their annual tax obligations and manage their finances effectively.
Average Mountain View Tax Bill
$479
Average Texas County Tax Bill
$521
Average Missouri Tax Bill
$1,606
Average United States Tax Bill
$2,690
Property Tax Bills Across Mountain View, Texas County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65548 | $218 | $295 | $479 | $829 | $1,274 |
Source: Ownwell