Bland, Phelps County, Missouri Property Taxes
Last Updated March 1, 2025
Bland, Phelps County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.74%
Estimate Property Tax Bill
$2,258
$2,096
Property Tax Rates Across Bland, Phelps County, Missouri
Local government entities determine tax rates, leading to significant variations 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, resulting in the property tax rate. This process involves votes and laws but, in essence, this is how it operates each year.
Bland, situated in Phelps County, Missouri, offers an interesting case study. The effective property tax rate in Bland is 0.74%, which is lower than the national median property tax rate of 1.02%. This means that homeowners in Bland generally pay less in property taxes compared to the average U.S. homeowner. When compared to other cities in Missouri, Bland's rate is competitive, offering potential savings for property owners.
For residents and potential property buyers in Bland, understanding these tax dynamics can be crucial for making informed decisions. With a lower tax rate, Bland presents an attractive option for those looking to minimize their property tax expenses while still enjoying the benefits of local services.
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 Bland Tax Rate
0.74%
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 Phelps County Tax Rate
0.98%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bland, Phelps County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Bland, Phelps County, Missouri
When examining property taxes in Bland, MO, 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 Phelps County Assessor 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 Phelps 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 Bland.
For example, the median home price in Bland is $305,202, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Bland, Phelps County, Missouri
Source: Ownwell
$37,100
$78,532
$119,964
Median Bland Market Value
$305,202
Median Phelps County Market Value
$106,880
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bland, Phelps County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Bland, Phelps County, Missouri
In Bland, located in Phelps County, Missouri, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Missouri's property tax rate is determined by local jurisdictions and can vary, but the state's median property tax bill is significantly lower than the national median of $2,400. In Bland, the median home price is $305,202, and property tax bills at the 25th, 75th, and 90th percentiles are all $2,252, which is below the national average. This suggests a relatively consistent tax rate across different property values.
For homeowners, understanding how their property tax bill is calculated is crucial, as it directly affects their annual expenses. Factors such as changes in property value, local tax rates, and any applicable exemptions play a role in determining the final bill. Ownwell offers services to help homeowners in Bland potentially reduce their property tax bills by appealing assessed values or identifying qualifying exemptions, ensuring they only pay their fair share.
Median Bland Tax Bill
$2,252
Median Phelps County Tax Bill
$1,009
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Bland, Phelps County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell