Ozark, Greene County, Missouri Property Taxes
Median Ozark, MO effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Ozark, MO home value: $437,600
Median annual Ozark, MO tax bill: $4,397, $1,997 higher than the national median property tax bill of $2,400.
How are property taxes in Greene County calculated?
Property taxes in Ozark, 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 Ozark’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ozark, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ozark, Greene County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$4,420
$4,101
Property Tax Rates Across Ozark, Greene 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 Ozark’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
In Ozark, located in Christian County, the effective property tax rate is slightly below the national median of 1.02%. This rate is reflective of the state’s overall approach to property taxation, where the median tax rate aligns closely with the national figure. While Missouri's property tax rate is competitive, the tax bill can differ significantly based on assessed property values. This means that even with a similar rate, the actual tax paid can vary, impacting homeowners' annual expenses. Understanding these nuances is crucial for homeowners looking to manage their property tax liabilities effectively. By staying informed and considering appealing property tax assessments, residents can potentially reduce their tax burden.
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 Ozark Tax Rate
1.01%
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 Greene County Tax Rate
1.01%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ozark, Greene County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65721 | 1.01% | 1.01% | 1.01% | 1.05% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Ozark, Greene County, Missouri
When examining property taxes in Ozark, 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 Greene 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 Greene County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Ozark. For example, the median home price in Ozark is $437,600, with tax bills ranging significantly across the county. 65721 has the highest median home price at $437,600.
Property Tax Assessment Values Across Ozark, Greene County, Missouri
Source: Ownwell
$51,500
$244,550
$437,600
Median Ozark Market Value
$437,600
Median Greene County Market Value
$140,200
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ozark, Greene County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65721 | $116,300 | $278,050 | $437,600 | $584,300 | $727,100 |
Source: Ownwell
Property Tax Bills Across Ozark, Greene County, Missouri
In Ozark, located in Greene 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 final tax bill. Factors such as the property's location, size, and any applicable exemptions can influence the assessed value. In Ozark, the median property tax bill is $4,397, which is significantly higher than the national median of $2,400. Homeowners in this area face a tax rate that can lead to substantial annual payments, potentially impacting household budgets.
Ownwell offers a solution for homeowners seeking to reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell can help identify opportunities for savings. Our team of professionals works diligently to ensure that properties are assessed fairly, potentially lowering the tax burden for homeowners. With Ownwell's assistance, homeowners in Ozark can feel confident that they are not overpaying on their property taxes.
Median Ozark Tax Bill
$4,397
Median Greene County Tax Bill
$1,465
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Ozark, Greene County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65721 | $1,216 | $2,823 | $4,397 | $5,977 | $7,461 |
Source: Ownwell