Vernon County, Missouri Property Taxes

Name: Property Tax Bills Across Vernon County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Vernon County effective property tax rate: 1.01%, slightly lower than the national median of 1.02%.
Median Vernon County home value: $51,890
Median annual Vernon County tax bill: $536, $1,864 lower than the national median property tax bill of $2,400.

How are property taxes in Vernon County calculated?

Property taxes in Vernon County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Nevada or another part of Vernon County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Vernon County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.01%

Estimate Property Tax Bill

$524

$486

Ownwell’s Vernon County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Vernon County with just two data points. By entering your property's estimated assessed value, our calculator applies Vernon County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Vernon County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Vernon County, Missouri

Local government entities are responsible for setting property tax rates, and these can vary significantly within a state. Each year, counties estimate their budget needs to fund local services and divide this amount by the total assessed value of all taxable properties in the area. This calculation determines the property tax rate. Although the process involves votes and legal considerations, this is essentially how it works annually.

For example, Vernon County in Missouri has an effective property tax rate that can be compared to other counties within the state or even to the U.S. median property tax rate of 1.02%. In Missouri, the property tax rates can fluctuate, with cities like Nevada having a higher median tax rate of 1.14%, while El Dorado Springs enjoys a lower rate of 0.84%. Knowing these rates can help property owners make informed decisions about their tax liabilities, especially when the national median property tax bill is $2400. Understanding how these rates are set and how they compare can empower you to manage your property taxes more effectively.

Property Tax Rates Across Vernon County, Missouri

Source: Ownwell

0.84%

0.99%

1.14%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Vernon County Tax Rate

1.01%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Vernon County, Missouri

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bronaugh	0.66%	0.76%	0.94%	1.00%	1.04%
Deerfield	0.68%	0.76%	0.98%	1.05%	1.09%
El Dorado Springs	0.58%	0.68%	0.84%	0.91%	0.94%
Harwood	0.62%	0.73%	0.89%	0.96%	1.01%
Milo	0.69%	0.83%	0.93%	1.03%	1.16%
Moundville	0.66%	0.87%	0.96%	1.00%	1.04%
Nevada	0.87%	0.98%	1.14%	1.15%	1.20%
Richards	0.69%	0.77%	0.94%	1.06%	1.22%
Rich Hill	0.67%	0.69%	0.88%	0.99%	1.03%
Sheldon	0.68%	0.86%	1.01%	1.17%	1.19%
Walker	0.62%	0.74%	0.90%	1.10%	1.14%
Hume	N/A	N/A	N/A	N/A	N/A
Metz	N/A	N/A	N/A	N/A	N/A
Schell City	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Vernon County, Missouri

When examining property taxes in Vernon County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Vernon County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Vernon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Vernon County. For example, the median tax bill in Vernon County is $657, with tax bills ranging significantly across the county. Nevada has the highest median home price at $60,725.

Property Tax Assessment Values Across Vernon County, Missouri

Source: Ownwell

$37,665

$49,195

$60,725

Median Vernon County Market Value

$51,890

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Vernon County, Missouri

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bronaugh	$2,700	$13,620	$37,760	$75,800	$141,144
Deerfield	$4,078	$14,615	$40,660	$87,725	$129,426
El Dorado Springs	$6,117	$20,005	$53,600	$105,718	$145,709
Harwood	$2,440	$6,068	$37,665	$86,368	$141,580
Milo	$2,950	$15,022	$41,255	$85,952	$139,665
Moundville	$4,012	$13,990	$43,390	$82,800	$147,534
Nevada	$12,060	$30,832	$60,725	$104,725	$167,515
Richards	$1,250	$10,710	$49,210	$102,250	$201,110
Rich Hill	$5,440	$25,530	$58,150	$122,325	$185,610
Sheldon	$5,506	$18,918	$40,365	$77,075	$126,086
Walker	$3,310	$16,450	$40,020	$89,365	$149,900
Hume	N/A	N/A	N/A	N/A	N/A
Metz	N/A	N/A	N/A	N/A	N/A
Schell City	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Vernon County, Missouri

In Vernon County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate, set by various taxing authorities, is then applied to this assessed value to determine the annual tax bill. Factors such as location within the county can influence the tax bill, with cities like Nevada having the highest median tax bill at $657, while Harwood has the lowest at $290. These figures reflect variations in property values and tax rates across different areas. For homeowners, property taxes represent a significant annual expense, impacting overall affordability and financial planning. In Vernon County, the median home price is $51,890, and the tax bill varies significantly, with the 25th percentile at $213 and the 90th percentile reaching $1,577. Compared to the national median property tax bill of $2,400, Vernon County offers a relatively lower tax burden, making it an appealing option for homeowners seeking affordability.

Property Tax Bills Across Vernon County, Missouri

Source: Ownwell

$290

$474

$657

Median Vernon County Tax Bill

$536

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Vernon County, Missouri

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bronaugh	$31	$132	$326	$666	$1,166
Deerfield	$35	$113	$398	$799	$1,254
El Dorado Springs	$43	$177	$467	$884	$1,290
Harwood	$24	$55	$290	$705	$1,182
Milo	$33	$144	$406	$777	$1,191
Moundville	$37	$127	$373	$772	$1,355
Nevada	$126	$342	$657	$1,121	$1,719
Richards	$15	$101	$442	$957	$1,664
Rich Hill	$34	$186	$527	$1,099	$1,798
Sheldon	$45	$168	$422	$753	$1,156
Walker	$34	$153	$378	$709	$1,222
Hume	N/A	N/A	N/A	N/A	N/A
Metz	N/A	N/A	N/A	N/A	N/A
Schell City	N/A	N/A	N/A	N/A	N/A

Source: Ownwell