Weatherby, Daviess County, Missouri Property Taxes
Median Weatherby, MO effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Weatherby, MO home value: $81,575. Median annual Weatherby, MO tax bill: $1,021, $1,379 lower than the national median property tax bill of $2,400.
How are property taxes in Daviess calculated?
Property taxes in Weatherby, 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 Weatherby’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Weatherby, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Weatherby, Daviess County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$1,028
$954
Property Tax Rates Across Weatherby, Daviess County, Missouri
Local government entities set tax rates, which can vary widely within a state. The reason for this variance is that each county annually 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 Weatherby’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
Weatherby, located in Daviess County, Missouri, has a property tax rate that reflects the county's budgetary needs and property values. The median property tax rate in Missouri is 1.26%, which is higher than the national median of 1.02%. This indicates that property owners in Missouri, including those in Weatherby, may pay more in property taxes compared to the national average. Understanding these differences is crucial for property owners who are looking to manage their 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 Weatherby Tax Rate
1.26%
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 Daviess County Tax Rate
1.28%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Weatherby, Daviess County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64497 | 1.07% | 1.16% | 1.26% | 1.30% | 1.33% |
Source: Ownwell
Property Tax Assessment Values Across Weatherby, Daviess County, Missouri
When examining property taxes in Weatherby, 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 Daviess 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 Daviess 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 Weatherby. For example, the median home price in Weatherby is $81,575, with tax bills ranging significantly across the county. Zip code 64497 has the highest median home price at $81,575.
Property Tax Assessment Values Across Weatherby, Daviess County, Missouri
Source: Ownwell
$25,300
$65,023
$104,745
Median Weatherby Market Value
$81,575
Median Daviess County Market Value
$66,100
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Weatherby, Daviess County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64497 | $21,779 | $49,462 | $81,575 | $115,155 | $150,430 |
Source: Ownwell
Property Tax Bills Across Weatherby, Daviess County, Missouri
Median Weatherby Tax Bill
$1,021
Median Daviess County Tax Bill
$845
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Weatherby, Daviess County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64497 | $258 | $603 | $1,021 | $1,430 | $1,837 |
Source: Ownwell