Buffalo, Dallas County, Missouri Property Taxes

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

Median Buffalo, MO effective property tax rate: 0.78%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Buffalo, MO home value: $68,250. Median annual Buffalo, MO tax bill: $525, $1,875 lower than the national median property tax bill of $2,400.

How are property taxes in Dallas County calculated?

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

Last Updated March 1, 2025

Buffalo, Dallas County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.78%

Estimate Property Tax Bill

$532

$494

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

Property Tax Rates Across Buffalo, Dallas County, Missouri

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Buffalo’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.

Property Tax Rates Across Buffalo, Dallas County, Missouri

Source: Ownwell

0.66%

0.78%

0.90%

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 Buffalo Tax Rate

0.78%

Median Effective Dallas County Tax Rate

0.78%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Buffalo, Dallas County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65622	0.72%	0.76%	0.78%	0.81%	0.85%

Source: Ownwell

Property Tax Assessment Values Across Buffalo, Dallas County, Missouri

When examining property taxes in Buffalo, 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 Dallas 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 Dallas 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 Buffalo.

For example, the median home price in Buffalo is $68,250, with tax bills ranging significantly across the county. Zip code 65622 has the highest median home price at $68,250.

Property Tax Assessment Values Across Buffalo, Dallas County, Missouri

Source: Ownwell

$49,750

$74,375

$99,000

Median Buffalo Market Value

$68,250

Median Dallas County Market Value

$66,700

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Buffalo, Dallas County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65622	$23,100	$38,500	$68,250	$110,750	$168,550

Source: Ownwell

Property Tax Bills Across Buffalo, Dallas County, Missouri

In Buffalo, Dallas County, MO, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Buffalo is $68,250, which is significantly lower than the national median. This lower home value contributes to a more affordable property tax bill, with the median tax bill being $525. This is considerably below the national median property tax bill of $2,400. Property taxes in Buffalo can vary widely; the 25th percentile tax bill is $306, while the 90th percentile reaches $1,303. These variations depend on factors such as property location, improvements, and changes in local tax rates. For homeowners, these taxes represent a significant annual expense that can impact their financial planning. Ownwell offers services to help homeowners appeal their property assessments and explore exemptions, potentially reducing their tax burden. By leveraging expert knowledge and experience, Ownwell can assist in navigating the complexities of property tax laws, ensuring homeowners pay only what is necessary.

Property Tax Bills Across Buffalo, Dallas County, Missouri

Source: Ownwell

$380

$633

$886

Median Buffalo Tax Bill

$525

Median Dallas County Tax Bill

$511

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Buffalo, Dallas County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65622	$186	$306	$525	$859	$1,303

Source: Ownwell