Crane, Barry County, Missouri Property Taxes
Median CRANE, MO effective property tax rate: 0.88%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median CRANE, MO home value: $83,100
Median annual CRANE, MO tax bill: $684, $1,716 lower than the national median property tax bill of $2,400.
How are property taxes in Barry calculated?
Property taxes in CRANE, MO 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 CRANE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in CRANE, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Crane, Barry County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.88%
Estimate Property Tax Bill
$731
$679
Property Tax Rates Across Crane, Barry County, Missouri
Local government entities determine tax rates, which can vary significantly within a state. This variation is primarily because each county annually estimates its budgetary needs to provide essential services and then divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Though the process involves votes and legislative measures, this is essentially how it unfolds each year.
In Crane, located in Barry County, Missouri, the effective property tax rate can be compared to other cities within the state and to the median rates at both the state and national levels. Missouri's median property tax rate is 0.88%, which is lower than the national median of 1.02%. This makes Crane an attractive location for property owners seeking lower tax liabilities. Understanding these rates can empower property owners to make informed decisions about property investments and financial planning.
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 Crane Tax Rate
0.88%
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 Barry County Tax Rate
0.86%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Crane, Barry County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65633 | 0.75% | 0.83% | 0.88% | 0.94% | 0.98% |
Source: Ownwell
Property Tax Assessment Values Across Crane, Barry County, Missouri
When examining property taxes in Crane, 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 Barry 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 Barry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Crane. For example, the median home price in Crane is $83,100, with tax bills ranging significantly across the county. Zip code 65633 has the highest median home price at $83,100.
Property Tax Assessment Values Across Crane, Barry County, Missouri
Source: Ownwell
$50,300
$82,200
$114,100
Median Crane Market Value
$83,100
Median Barry County Market Value
$82,200
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Crane, Barry County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65633 | $26,860 | $46,700 | $83,100 | $121,750 | $193,960 |
Source: Ownwell
Property Tax Bills Across Crane, Barry County, Missouri
In Crane, located in Barry County, MO, property tax bills are calculated based on the assessed value of a home. This value is determined by the local assessor, who evaluates the market value of the property and applies the county's assessment rate. Homeowners in Crane face a median property tax bill of $684, which is significantly lower than the national median of $2,400. Factors influencing the tax bill include property size, location, and improvements. The tax bill can range from $388 at the 25th percentile to $1,690 at the 90th percentile, demonstrating variability based on these factors.
For homeowners seeking to reduce their property tax burden, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying inaccuracies or overvaluations, Ownwell can help homeowners in Crane potentially lower their tax bills. With a deep understanding of local tax laws and assessment practices, Ownwell provides valuable assistance in navigating the appeal process, ensuring homeowners pay only their fair share.
Median Crane Tax Bill
$684
Median Barry County Tax Bill
$696
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Crane, Barry County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65633 | $231 | $388 | $684 | $1,060 | $1,690 |
Source: Ownwell