Clifton Hill, Chariton County, Missouri Property Taxes
Median Clifton Hill, MO effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Clifton Hill, MO home value: $124,810
Median annual Clifton Hill, MO tax bill: $1,356, $1,044 lower than the national median property tax bill of $2,400.
How are property taxes in Chariton calculated?
Property taxes in Clifton Hill, 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 Clifton Hill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clifton Hill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clifton Hill, Chariton County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$1,373
$1,274
Property Tax Rates Across Clifton Hill, Chariton County, Missouri
Local government entities determine tax rates, and these can vary significantly within a state. Each year, counties estimate their budgetary needs to fund services and divide this amount by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the essence of the annual process.
In Clifton Hill, located in Chariton County, Missouri, the effective property tax rate offers a unique perspective when compared to other cities within the state. Missouri's median property tax rate stands at 1.10%, slightly above the national median of 1.02%. This comparison highlights the variability of tax rates across different regions. Understanding these differences is crucial for property owners seeking to appeal or adjust their property tax obligations.
Navigating property taxes can be complex, but being informed about local and national trends can empower property owners to make better financial decisions. Whether you're a homeowner or investor, staying updated on these trends can help you manage your property tax responsibilities 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 Clifton Hill Tax Rate
1.10%
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 Chariton County Tax Rate
1.11%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clifton Hill, Chariton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65244 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Clifton Hill, Chariton County, Missouri
When examining property taxes in Clifton Hill, 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 Chariton 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 Chariton 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 Clifton Hill. For example, the median home price in Clifton Hill is $124,810, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Clifton Hill, Chariton County, Missouri
Source: Ownwell
$57,895
$90,888
$123,880
Median Clifton Hill Market Value
$124,810
Median Chariton County Market Value
$35,335
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clifton Hill, Chariton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65244 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Clifton Hill, Chariton County, Missouri
In Clifton Hill, located in Chariton County, MO, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, which is determined by the local assessor. Homeowners in Clifton Hill face a property tax rate that can vary, but the median tax bill in the area is significantly lower than the national median of $2,400. For instance, the 25th percentile tax bill is $980, while the 75th percentile tax bill is $1,401, reflecting the range of property values and tax burdens in the community.
These property taxes fund essential public services, such as schools and infrastructure, impacting the quality of life in the area. However, high property taxes can be a burden for homeowners. This is where Ownwell steps in, offering expert property tax appeal and exemption services. By analyzing your property's assessed value and identifying potential discrepancies, Ownwell can help reduce your tax bill, ensuring you only pay your fair share and potentially saving you hundreds of dollars annually.
Median Clifton Hill Tax Bill
$1,356
Median Chariton County Tax Bill
$361
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Clifton Hill, Chariton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65244 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell