Wright County, Missouri Property Taxes
Median Wright County effective property tax rate: 0.60%, significantly lower than the national median of 1.02%.
Median Wright County home value: $57,736
Median annual Wright County tax bill: $358, $2,042 lower than the national median property tax bill of $2,400.
How are property taxes in Wright County calculated?
Property taxes in Wright 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 Hartville or another part of Wright County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wright County, Missouri Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
0.6%
Estimate Property Tax Bill
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Property Tax Rates Across Wright County, Missouri
Local government entities set tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Wright County, for instance, the effective property tax rate stands at 0.60%, which is notably lower than the national median property tax rate of 1.02%. This means residents in Wright County enjoy a lower property tax burden compared to many other parts of the country. Even within Missouri, there is variation. The city of Norwood in Wright County has the highest median tax rate at 0.71%, while Mountain Grove boasts the lowest at 0.55%. Comparing these rates to the national landscape highlights the diversity in property tax rates across regions and underscores the importance of understanding local tax dynamics.
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 Wright County Tax Rate
0.60%
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 Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wright County, Missouri
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Falcon | 0.58% | 0.58% | 0.62% | 0.64% | 0.66% |
Graff | 0.54% | 0.55% | 0.57% | 0.63% | 0.70% |
Grovespring | 0.57% | 0.58% | 0.59% | 0.63% | 0.65% |
Hartville | 0.57% | 0.58% | 0.59% | 0.63% | 0.67% |
Lynchburg | 0.57% | 0.57% | 0.58% | 0.62% | 0.66% |
Macomb | 0.64% | 0.65% | 0.67% | 0.70% | 0.73% |
Mansfield | 0.64% | 0.65% | 0.69% | 0.78% | 0.81% |
Mountain Grove | 0.54% | 0.55% | 0.55% | 0.59% | 0.68% |
Niangua | 0.58% | 0.59% | 0.63% | 0.64% | 0.69% |
Norwood | 0.59% | 0.69% | 0.71% | 0.87% | 0.95% |
Seymour | 0.64% | 0.65% | 0.66% | 0.68% | 0.71% |
Marshfield | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Wright County, Missouri
When examining property taxes in Wright 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 Wright 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 Wright County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Wright County. For example, the median tax bill in Wright County is $486, with tax bills ranging significantly across the county. Seymour has the highest median home price at $71,263.
Median Wright County Market Value
$57,736
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wright County, Missouri
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Falcon | $17,184 | $31,512 | $58,500 | $109,881 | $152,573 |
Graff | $16,842 | $35,368 | $61,368 | $115,973 | $168,105 |
Grovespring | $11,136 | $26,684 | $51,842 | $96,842 | $147,337 |
Hartville | $14,315 | $26,789 | $52,684 | $99,078 | $152,631 |
Lynchburg | $17,847 | $29,631 | $71,105 | $109,881 | $170,120 |
Macomb | $16,847 | $28,394 | $60,394 | $107,855 | $169,737 |
Mansfield | $17,578 | $33,947 | $63,052 | $107,578 | $161,894 |
Mountain Grove | $16,405 | $30,749 | $57,736 | $102,473 | $153,689 |
Niangua | $7,462 | $21,934 | $45,315 | $92,118 | $129,684 |
Norwood | $11,957 | $29,473 | $57,736 | $105,526 | $162,568 |
Seymour | $15,499 | $33,329 | $71,263 | $115,407 | $164,378 |
Marshfield | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Wright County, Missouri
Median Wright County Tax Bill
$358
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Wright County, Missouri
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Falcon | $108 | $199 | $357 | $649 | $900 |
Graff | $119 | $211 | $360 | $599 | $924 |
Grovespring | $73 | $162 | $320 | $569 | $860 |
Hartville | $97 | $172 | $322 | $584 | $900 |
Lynchburg | $111 | $188 | $408 | $656 | $963 |
Macomb | $124 | $209 | $410 | $721 | $1,086 |
Mansfield | $142 | $253 | $458 | $742 | $1,071 |
Mountain Grove | $106 | $181 | $330 | $578 | $850 |
Niangua | $59 | $138 | $269 | $542 | $791 |
Norwood | $109 | $227 | $422 | $734 | $1,154 |
Seymour | $99 | $234 | $486 | $741 | $1,084 |
Marshfield | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell