Boonville, Cooper County, Missouri Property Taxes
Median Boonville, MO effective property tax rate: 1.39%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Boonville, MO home value: $90,800
Median annual Boonville, MO tax bill: $1,246, $1,154 lower than the national median property tax bill of $2,400.
How are property taxes in Cooper County calculated?
Property taxes in Boonville, 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 Boonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Boonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Boonville, Cooper County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.39%
Estimate Property Tax Bill
$1,262
$1,171
Property Tax Rates Across Boonville, Cooper County, Missouri
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 Boonville Tax Rate
1.39%
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 Cooper County Tax Rate
1.38%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Boonville, Cooper County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65233 | 1.30% | 1.37% | 1.39% | 1.40% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Boonville, Cooper County, Missouri
When examining property taxes in Boonville, 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 Cooper County Assessor 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 Cooper 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 Boonville.
For example, the median home price in Boonville is $90,800, with tax bills ranging significantly across the county. Zip code 65233 has the highest median home price at $90,800.
Property Tax Assessment Values Across Boonville, Cooper County, Missouri
Source: Ownwell
$53,750
$72,275
$90,800
Median Boonville Market Value
$90,800
Median Cooper County Market Value
$83,000
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Boonville, Cooper County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65233 | $42,640 | $58,700 | $90,800 | $137,000 | $195,300 |
Source: Ownwell
Property Tax Bills Across Boonville, Cooper County, Missouri
In Boonville, located in Cooper County, MO, property tax bills are derived from the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Boonville typically face a property tax bill ranging from $796 at the 25th percentile to $2,700 at the 90th percentile. With the median tax bill at $1,246, Boonville's property taxes are below the national median property tax bill of $2,400, offering some relief to homeowners. However, this amount can still be a significant expense for many.
Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and local market trends, Ownwell identifies opportunities for tax savings, ensuring homeowners are not overpaying. With Ownwell's support, homeowners can navigate the complexities of property taxes more effectively, securing the most favorable tax outcome possible.
Median Boonville Tax Bill
$1,246
Median Cooper County Tax Bill
$1,092
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Boonville, Cooper County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65233 | $564 | $796 | $1,246 | $1,899 | $2,700 |
Source: Ownwell