Wardsville, Cole County, Missouri Property Taxes

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

Median Wardsville, MO effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Wardsville, MO home value: $195,700
Median annual Wardsville, MO tax bill: $1,942, $458 lower than the national median property tax bill of $2,400.

How are property taxes in Cole calculated?

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

Last Updated March 1, 2025

Wardsville, Cole County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$1,937

$1,798

Ownwell’s Wardsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wardsville with just two data points. By entering your property's estimated assessed value, our calculator applies Wardsville’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 Cole County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Wardsville, Cole County, Missouri

Local government entities are responsible for setting tax rates, which can vary significantly within Missouri. Each county, including Cole County, estimates its necessary budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate.

While votes and regulations play a role in establishing tax rates and budgets, this is essentially the annual process. Wardsville's effective property tax rate can be compared to other cities in Missouri, as well as the median property tax rates in the state and across the United States.

Missouri's median property tax rate is slightly below the national median, offering potential savings for homeowners. However, variations exist even within the state, as seen in Cole County, where the median tax rate aligns with the highest and lowest rates in the region. Understanding these differences is crucial for property owners looking to manage their tax obligations effectively.

Property Tax Rates Across Wardsville, Cole County, Missouri

Source: Ownwell

0.88%

1.01%

1.14%

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 Wardsville Tax Rate

0.99%

Median Effective Cole County Tax Rate

1.08%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wardsville, Cole County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65101	0.99%	0.99%	0.99%	0.99%	0.99%

Source: Ownwell

Property Tax Assessment Values Across Wardsville, Cole County, Missouri

When examining property taxes in Wardsville, Missouri, 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 Cole 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 Cole 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 Wardsville. For example, the median home price in Wardsville is $195,700, with tax bills ranging significantly across the county. Zip code 65101 has the highest median home price at $195,700.

Property Tax Assessment Values Across Wardsville, Cole County, Missouri

Source: Ownwell

$121,900

$158,800

$195,700

Median Wardsville Market Value

$195,700

Median Cole County Market Value

$135,700

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wardsville, Cole County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65101	$118,300	$156,200	$195,700	$245,750	$301,620

Source: Ownwell

Property Tax Bills Across Wardsville, Cole County, Missouri

In Wardsville, located in Cole County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Wardsville face a median property tax bill of $1,942, which is below the national median of $2,400. However, it can vary significantly, with the 25th percentile paying around $1,551, and the 90th percentile reaching up to $2,953. This variation can impact homeowners' finances, making it essential to ensure that their property is accurately assessed. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By reviewing property assessments and filing appeals on behalf of homeowners, Ownwell can help reduce tax bills, ensuring homeowners are not overpaying and can keep more of their hard-earned money.

Property Tax Bills Across Wardsville, Cole County, Missouri

Source: Ownwell

$1,161

$1,552

$1,942

Median Wardsville Tax Bill

$1,942

Median Cole County Tax Bill

$1,444

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Wardsville, Cole County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65101	$1,187	$1,551	$1,942	$2,408	$2,953

Source: Ownwell