Salem, Dent County, Missouri Property Taxes

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

Median Salem, MO effective property tax rate: 0.79%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Salem, MO home value: $43,220. Median annual Salem, MO tax bill: $377, $2,023 lower than the national median property tax bill of $2,400. How are property taxes in Dent County calculated? Property taxes in Salem, 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 Salem’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Salem, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Salem, Dent County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$341

$317

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

Property Tax Rates Across Salem, Dent 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 Salem’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.

Salem, located in Dent County, has a median property tax rate of 0.79%, which aligns with both the highest and lowest median tax rates in the area. This rate is significantly lower than the national median property tax rate of 1.02%, offering property owners in Salem a more favorable tax environment. With the national median property tax bill at $2400, Salem's lower tax rate could result in considerable savings for homeowners. Such a competitive tax rate enhances the appeal of owning property in Salem, making it an attractive option for both current residents and potential buyers who are looking to benefit from more affordable property taxes.

Property Tax Rates Across Salem, Dent County, Missouri

Source: Ownwell

0.64%

0.72%

0.80%

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 Salem Tax Rate

0.79%

Median Effective Dent County Tax Rate

0.76%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Salem, Dent County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65560	0.65%	0.68%	0.79%	0.85%	0.99%

Source: Ownwell

Property Tax Assessment Values Across Salem, Dent County, Missouri

When examining property taxes in Salem, 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 Dent 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 Dent 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 Salem. For example, the median home price in Salem is $43,220, with tax bills ranging significantly across the county. Zip code 65560 has the highest median home price at $43,220.

Property Tax Assessment Values Across Salem, Dent County, Missouri

Source: Ownwell

$34,670

$53,665

$72,660

Median Salem Market Value

$43,220

Median Dent County Market Value

$43,260

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Salem, Dent County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65560	$4,786	$23,680	$43,220	$73,848	$116,006

Source: Ownwell

Property Tax Bills Across Salem, Dent County, Missouri

In Salem, located in Dent County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, which is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $43,220, homeowners in Salem face property tax bills that can vary significantly. For example, the tax bill at the 25th percentile is $240, while at the 75th percentile, it rises to $589, and at the 90th percentile, it reaches $911. Compared to the national median property tax bill of $2,400, Salem's tax bills are relatively lower, offering some relief to homeowners. However, understanding the factors that influence these bills, such as changes in property value and local tax rates, is crucial. Ownwell assists homeowners by identifying potential savings opportunities through property tax appeals and exemptions, ensuring they pay only their fair share. Our expertise in navigating the complexities of property tax assessments can lead to significant savings for Salem residents.

Property Tax Bills Across Salem, Dent County, Missouri

Source: Ownwell

$250

$385

$520

Median Salem Tax Bill

$377

Median Dent County Tax Bill

$374

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Salem, Dent County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65560	$152	$240	$377	$589	$911

Source: Ownwell