Hallsville, Boone County, Missouri Property Taxes

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

Median Hallsville, MO effective property tax rate: 1.22%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Hallsville, MO home value: $136,395
Median annual Hallsville, MO tax bill: $1,853, $547 lower than the national median property tax bill of $2,400.

How are property taxes in Boone County calculated?

Property taxes in Hallsville, 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 Hallsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hallsville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hallsville, Boone County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.22%

Estimate Property Tax Bill

$1,664

$1,544

Ownwell’s Hallsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hallsville with just two data points. By entering your property's estimated assessed value, our calculator applies Hallsville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Boone County — reflects any exemptions you may have, ensuring a 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 Boone County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hallsville, Boone County, Missouri

Local government entities determine property tax rates, which can differ significantly within a state. This variation arises because each county annually calculates its necessary budget for providing services and divides this by the total value of all taxable property within its area. This calculation establishes the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the yearly procedure.

In Hallsville, located in Boone County, Missouri, the effective property tax rate is an important factor for residents to consider. When compared to other cities in Missouri, Hallsville's rate provides an interesting perspective on local taxation. The median property tax rate in Missouri is 1.22%, which is higher than the national median of 1.02%. This indicates that property owners in Hallsville might experience a relatively higher tax burden compared to the national average. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Hallsville, Boone County, Missouri

Source: Ownwell

1.16%

1.25%

1.35%

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 Hallsville Tax Rate

1.22%

Median Effective Boone County Tax Rate

1.27%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hallsville, Boone County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65255	1.15%	1.20%	1.22%	1.32%	1.32%

Source: Ownwell

Property Tax Assessment Values Across Hallsville, Boone County, Missouri

When examining property taxes in Hallsville, 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 Boone 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 Boone 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 Hallsville.

For example, the median home price in Hallsville is $136,395, with tax bills ranging significantly across the county. Zip code 65255 has the highest median home price at $136,395.

Property Tax Assessment Values Across Hallsville, Boone County, Missouri

Source: Ownwell

$66,735

$131,575

$196,415

Median Hallsville Market Value

$136,395

Median Boone County Market Value

$153,300

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hallsville, Boone County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65255	$21,029	$71,550	$136,395	$204,765	$266,764

Source: Ownwell

Property Tax Bills Across Hallsville, Boone County, Missouri

In Hallsville, located in Boone County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this region is $136,395. The tax bill for homeowners in Hallsville varies significantly, with the 25th percentile at $1,147 and the 75th percentile reaching $2,653. At the 90th percentile, tax bills can be as high as $3,456. The median tax bill in the area is $1,853, which is below the national median property tax bill of $2,400, making it relatively more affordable. However, homeowners can still benefit from potential savings. Ownwell assists homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions. By leveraging local expertise and knowledge of property tax laws, Ownwell can help ensure that homeowners in Hallsville are not overpaying on their property taxes, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Hallsville, Boone County, Missouri

Source: Ownwell

$1,159

$1,886

$2,613

Median Hallsville Tax Bill

$1,853

Median Boone County Tax Bill

$2,051

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Hallsville, Boone County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65255	$659	$1,147	$1,853	$2,653	$3,456

Source: Ownwell