Trimble, Clay County, Missouri Property Taxes
Median Trimble, MO effective property tax rate: 1.12%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Trimble, MO home value: $360,104
Median annual Trimble, MO tax bill: $3,965, $1,565 higher than the national median property tax bill of $2,400.
How are property taxes in Clay County calculated?
Property taxes in Trimble, 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 Trimble’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Trimble, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Trimble, Clay County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.28%
Estimate Property Tax Bill
$4,644
$4,309
Property Tax Rates Across Trimble, Clay County, Missouri
Local government entities set tax rates, which can vary widely within a state. This variability is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Trimble, located in Clay County, Missouri, the effective property tax rate is a reflection of this process. When compared to other cities in Missouri, Trimble's rate aligns with the state's median tax rate. The national median property tax rate stands at 1.02%, offering a benchmark for comparison. Missouri's median property tax rate is slightly higher than the national median, indicating a moderately higher cost for property owners. Trimble's residents, therefore, experience a tax rate that is consistent with Missouri's median, offering a predictable and stable taxation environment. Understanding these rates can help property owners make informed decisions and potentially explore tax appeal or exemption opportunities to manage their property tax liabilities 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 Trimble Tax Rate
1.28%
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 Clay County Tax Rate
1.53%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Trimble, Clay County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
64492 | 1.22% | 1.27% | 1.28% | 1.30% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Trimble, Clay County, Missouri
When examining property taxes in Trimble, 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 Clay 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 Clay 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 Trimble. For example, the median home price in Trimble is $360,104, with tax bills ranging significantly across the county. ZIP code 64492 has the highest median home price at $360,104.
Property Tax Assessment Values Across Trimble, Clay County, Missouri
Source: Ownwell
$62,552
$213,355
$364,158
Median Trimble Market Value
$362,790
Median Clay County Market Value
$201,895
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Trimble, Clay County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
64492 | $183,633 | $280,200 | $362,790 | $449,868 | $510,389 |
Source: Ownwell
Property Tax Bills Across Trimble, Clay County, Missouri
Median Trimble Tax Bill
$4,629
Median Clay County Tax Bill
$2,920
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Trimble, Clay County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
64492 | $2,363 | $3,506 | $4,629 | $5,716 | $6,500 |
Source: Ownwell