New Bloomfield, Callaway County, Missouri Property Taxes

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

Median New Bloomfield, MO effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median New Bloomfield, MO home value: $126,090
Median annual New Bloomfield, MO tax bill: $1,396, $1,004 lower than the national median property tax bill of $2,400.

How are property taxes in Callaway County calculated?

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

Last Updated March 1, 2025

New Bloomfield, Callaway County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$1,374

$1,275

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

Property Tax Rates Across New Bloomfield, Callaway County, Missouri

Local government entities are responsible for setting tax rates, which can fluctuate significantly within a state. This variation occurs because each county, like Callaway County in Missouri, annually calculates its budgetary needs to deliver services. They then divide this budget by the total value of all taxable properties in their jurisdiction, resulting in the property tax rate. Although votes and legislation play roles in determining tax rates and budgets, this calculation is the core of the annual process.

In New Bloomfield, located in Callaway County, the effective property tax rate is comparable to other cities within Missouri. The median property tax rate in Missouri is slightly above the national median, which is not surprising given the unique budgeting needs of each county. The property tax rate in New Bloomfield aligns with the highest and lowest median tax rates in the state, reflecting a consistent approach to property taxation within this region. The comparison to the national median property tax rate and bill highlights the localized nature of property taxation and the factors influencing these rates.

Property Tax Rates Across New Bloomfield, Callaway County, Missouri

Source: Ownwell

0.73%

0.99%

1.25%

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 New Bloomfield Tax Rate

1.09%

Median Effective Callaway County Tax Rate

1.19%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New Bloomfield, Callaway County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65063	0.89%	1.06%	1.09%	1.17%	1.35%

Source: Ownwell

Property Tax Assessment Values Across New Bloomfield, Callaway County, Missouri

When examining property taxes in New Bloomfield, 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 Callaway 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. Assessment notices: In Callaway 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 New Bloomfield. For example, the median home price in New Bloomfield is $126,090, with tax bills ranging significantly across the county. 65063 has the highest median home price at $126,090.

Property Tax Assessment Values Across New Bloomfield, Callaway County, Missouri

Source: Ownwell

$41,010

$92,250

$143,490

Median New Bloomfield Market Value

$126,090

Median Callaway County Market Value

$118,130

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across New Bloomfield, Callaway County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65063	$37,152	$74,575	$126,090	$170,820	$221,562

Source: Ownwell

Property Tax Bills Across New Bloomfield, Callaway County, Missouri

In New Bloomfield, Callaway County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is a percentage of the home's market value, which is then multiplied by the local tax rate to calculate the tax bill. Factors such as the home's location, size, and improvements can influence its assessed value. Homeowners in New Bloomfield experience a median property tax bill of $1,396, which is below the national median of $2,400. However, property tax bills can range from the 25th percentile at $880 to the 90th percentile at $2,448, highlighting the variability homeowners may face. Ownwell can assist homeowners by reviewing their property assessments to identify potential discrepancies or opportunities for exemptions. By appealing incorrect assessments or securing eligible exemptions, Ownwell helps homeowners reduce their property tax burden, ensuring they pay only their fair share. This service can lead to significant savings, especially for those with higher-than-average tax bills.

Property Tax Bills Across New Bloomfield, Callaway County, Missouri

Source: Ownwell

$322

$1,032

$1,741

Median New Bloomfield Tax Bill

$1,396

Median Callaway County Tax Bill

$1,342

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across New Bloomfield, Callaway County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65063	$383	$880	$1,396	$1,894	$2,448

Source: Ownwell