Warsaw, Benton County, Missouri Property Taxes
Median Warsaw, MO effective property tax rate: 0.98%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Warsaw, MO home value: $52,789. Median annual Warsaw, MO tax bill: $493, $1,907 lower than the national median property tax bill of $2,400.
How are property taxes in Benton County calculated?
Property taxes in Warsaw, 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 Warsaw’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Warsaw, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Warsaw, Benton County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$593
$550
Property Tax Rates Across Warsaw, Benton County, Missouri
Local government entities are responsible for setting property tax rates, which can differ significantly across regions. This variation occurs because each county annually assesses its budgetary needs to provide essential services. They then divide this budget by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although the process involves votes and legal considerations, this is the fundamental method by which tax rates are determined each year.
In Warsaw, located in Benton County, Missouri, the effective property tax rate is 0.98%, which is below the national median of 1.02%. This rate is consistent across other areas in the region, providing a uniform tax landscape within the county. When compared to the national median property tax bill of $2400, residents of Warsaw benefit from relatively lower property tax obligations. This consistency in tax rates can be advantageous for homeowners in Benton County, offering predictability and potentially lower costs compared to other parts of the country.
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 Warsaw Tax Rate
0.90%
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 Benton County Tax Rate
0.92%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Warsaw, Benton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65355 | 0.86% | 0.87% | 0.90% | 0.96% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Warsaw, Benton County, Missouri
When examining property taxes in Warsaw, 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 Benton 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 Benton 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 Warsaw. For example, the median home price in Warsaw is $52,789, with tax bills ranging significantly across the county. 65355 has the highest median home price at $52,789.
Property Tax Assessment Values Across Warsaw, Benton County, Missouri
Source: Ownwell
$40,155
$82,893
$125,630
Median Warsaw Market Value
$65,870
Median Benton County Market Value
$62,920
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Warsaw, Benton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65355 | $16,426 | $33,360 | $65,870 | $112,248 | $166,803 |
Source: Ownwell
Property Tax Bills Across Warsaw, Benton County, Missouri
Median Warsaw Tax Bill
$599
Median Benton County Tax Bill
$587
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Warsaw, Benton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65355 | $154 | $305 | $599 | $1,014 | $1,510 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Benton Tax Assessor | |
| Website | bentoncountycollector.com |