Polo, Caldwell County, Missouri Property Taxes
Median Polo, MO effective property tax rate: 1.16%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Polo, MO home value: $55,920
Median annual Polo, MO tax bill: $673, $1,727 lower than the national median property tax bill of $2,400.
How are property taxes in Caldwell calculated?
Property taxes in Polo, 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 Polo’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Polo, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Polo, Caldwell County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.16%
Estimate Property Tax Bill
$649
$602
Property Tax Rates Across Polo, Caldwell County, Missouri
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Polo, Caldwell County, Missouri, the effective property tax rate stands at 1.16%. This rate is above the national median property tax rate of 1.02%. The median property tax rate in Missouri is also 1.16%, making Polo consistent with the state median. This suggests that property owners in Polo face a higher property tax burden compared to the national average, yet are aligned with the state’s median.
Understanding these rates can help property owners in Polo make informed financial decisions and potentially explore avenues for tax appeals or exemptions. Comparing Polo’s tax rates to other cities in Missouri and the national median provides valuable context for property owners looking to manage their property tax obligations effectively.
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 Polo Tax Rate
1.16%
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 Caldwell County Tax Rate
1.16%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Polo, Caldwell County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64671 | 0.96% | 1.09% | 1.16% | 1.22% | 1.32% |
Source: Ownwell
Property Tax Assessment Values Across Polo, Caldwell County, Missouri
When examining property taxes in Polo, 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 Caldwell County appraisal district 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 Caldwell 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 Polo. For example, the median home price in Polo is $55,920, with tax bills ranging significantly across the county. Zip code 64671 has the highest median home price at $55,920.
Property Tax Assessment Values Across Polo, Caldwell County, Missouri
Source: Ownwell
$44,235
$107,110
$169,985
Median Polo Market Value
$55,920
Median Caldwell County Market Value
$73,285
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Polo, Caldwell County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64671 | $2,000 | $6,740 | $55,920 | $109,980 | $187,182 |
Source: Ownwell
Property Tax Bills Across Polo, Caldwell County, Missouri
Median Polo Tax Bill
$673
Median Caldwell County Tax Bill
$850
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Polo, Caldwell County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64671 | $24 | $79 | $673 | $1,213 | $2,065 |
Source: Ownwell