Walnut Grove, Greene County, Missouri Property Taxes

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

Median Walnut Grove, MO effective property tax rate: 1.06%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Walnut Grove, MO home value: $105,300
Median annual Walnut Grove, MO tax bill: $1,129, $1,271 lower than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

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

Last Updated March 1, 2025

Walnut Grove, Greene County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.06%

Estimate Property Tax Bill

$1,116

$1,036

Ownwell’s Walnut Grove Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Walnut Grove with just two data points.

By entering your property's estimated assessed value, our calculator applies Walnut Grove’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 Greene County.

For those interested in more localized information, please scroll down to explore city-level trends!

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

In Walnut Grove, located in Greene County, the property tax rate is 1.06%. This rate aligns with the highest and lowest median tax rates within the area, reflecting a consistent tax structure. Compared to the national median property tax rate of 1.02%, Walnut Grove's rate is slightly higher, indicating a marginally greater tax burden on property owners. However, it remains competitive within the state, offering a balanced approach to funding essential services while maintaining affordability for residents. Understanding these rates can help property owners make informed decisions and potentially seek appeals or exemptions to optimize their tax liabilities.

Property Tax Rates Across Walnut Grove, Greene County, Missouri

Source: Ownwell

0.91%

1.04%

1.17%

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 Walnut Grove Tax Rate

1.06%

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 Walnut Grove, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65770	0.95%	1.00%	1.06%	1.19%	1.19%

Source: Ownwell

Property Tax Assessment Values Across Walnut Grove, Greene County, Missouri

When examining property taxes in Walnut Grove, 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 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 Greene 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 Walnut Grove.

For example, the median home price in Walnut Grove is $105,300, with tax bills ranging significantly across the county. Zip code 65770 has the highest median home price at $105,300.

Property Tax Assessment Values Across Walnut Grove, Greene County, Missouri

Source: Ownwell

$51,500

$244,550

$437,600

Median Walnut Grove Market Value

$105,300

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 Walnut Grove, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65770	$34,460	$58,875	$105,300	$171,525	$254,680

Source: Ownwell

Property Tax Bills Across Walnut Grove, Greene County, Missouri

Property tax bills in Walnut Grove, Greene County, MO, are calculated based on the assessed value of a property, which is a percentage of its market value. The tax rate, applied to the assessed value, determines the final tax bill. In Walnut Grove, the median property tax bill is $1,129, noticeably lower than the national median of $2,400. While the tax bill at the 25th percentile is $660, it rises to $1,771 at the 75th percentile and $2,596 at the 90th percentile. These figures illustrate the variation in tax bills based on property value and location. Factors such as property improvements or changes in market conditions can influence the assessed value and, consequently, the tax bill. Homeowners in Walnut Grove can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing your property’s assessed value and identifying potential errors or opportunities for exemptions, Ownwell can help you reduce your property tax burden, ensuring you pay only your fair share.

Property Tax Bills Across Walnut Grove, Greene County, Missouri

Source: Ownwell

$527

$2,462

$4,397

Median Walnut Grove Tax Bill

$1,129

Median Greene County Tax Bill

$1,465

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Walnut Grove, Greene County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65770	$369	$660	$1,129	$1,771	$2,596

Source: Ownwell