Grundy County, Missouri Property Taxes
Median Grundy County effective property tax rate: 1.42%, significantly higher than the national median of 1.02%.
Median Grundy County home value: $44,895
Median annual Grundy County tax bill: $610, $1,790 lower than the national median property tax bill of $2,400.
How are property taxes in Grundy County calculated?
Property taxes in Grundy County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Trenton or another part of Grundy County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grundy County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.42%
Estimate Property Tax Bill
$638
$592
Ownwell’s Grundy County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grundy County with just two data points.
By entering your property's estimated assessed value, our calculator applies Grundy County’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 more 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 Grundy County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Grundy County, Missouri
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the basic annual process.
In Grundy County, Missouri, the effective property tax rate is an important figure for homeowners to consider. The county's median property tax rate stands at 1.42%, which is above the national median property tax rate of 1.02%. This means that property owners in Grundy County may pay more in property taxes compared to the national average. Interestingly, within Missouri, the highest median tax rate is found in Laredo at 1.72%, while the lowest is in Jamesport at 1.08%. This illustrates the diversity in property tax rates across different regions within the state. Understanding these variations can help property owners make informed decisions about their investments and financial planning.
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 Grundy County Tax Rate
1.42%
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 Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grundy County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Galt | 1.31% | 1.44% | 1.59% | 1.75% | 1.75% |
| Gilman City | 1.04% | 1.19% | 1.36% | 1.39% | 1.39% |
| Jamesport | 0.92% | 0.97% | 1.08% | 1.20% | 1.24% |
| Laredo | 1.21% | 1.42% | 1.72% | 1.73% | 1.73% |
| Spickard | 1.09% | 1.22% | 1.34% | 1.54% | 1.54% |
| Trenton | 1.24% | 1.34% | 1.42% | 1.42% | 1.42% |
| Chula | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Grundy County, Missouri
When examining property taxes in Grundy County, 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 Grundy County Assessor 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.
Assessment notices: In Grundy 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 Grundy County.
For example, the median tax bill in Grundy County is $1,075, with tax bills ranging significantly across the county. Jamesport has the highest median home price at $98,360.
Median Grundy County Market Value
$44,895
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grundy County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Galt | $5,284 | $17,640 | $36,550 | $75,590 | $117,140 |
| Gilman City | $7,984 | $14,720 | $30,110 | $64,670 | $105,958 |
| Jamesport | $33,822 | $65,030 | $98,360 | $131,390 | $165,178 |
| Laredo | $3,430 | $9,350 | $26,720 | $78,835 | $146,570 |
| Spickard | $7,496 | $17,580 | $41,230 | $87,745 | $128,118 |
| Trenton | $12,970 | $22,750 | $46,890 | $87,135 | $125,934 |
| Chula | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Grundy County, Missouri
Median Grundy County Tax Bill
$610
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Grundy County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Galt | $91 | $295 | $553 | $1,125 | $1,668 |
| Gilman City | $111 | $207 | $409 | $746 | $1,233 |
| Jamesport | $343 | $715 | $1,075 | $1,404 | $2,007 |
| Laredo | $59 | $161 | $430 | $1,104 | $2,221 |
| Spickard | $110 | $249 | $532 | $1,082 | $1,524 |
| Trenton | $181 | $317 | $637 | $1,171 | $1,712 |
| Chula | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
