Willow Springs, Howell County, Missouri Property Taxes
Median Willow Springs, MO effective property tax rate: 0.61%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Willow Springs, MO home value: $68,260
Median annual Willow Springs, MO tax bill: $432, $1,968 lower than the national median property tax bill of $2,400.
How are property taxes in Howell calculated?
Property taxes in Willow Springs, 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 Willow Springs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Willow Springs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Willow Springs, Howell County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.61%
Estimate Property Tax Bill
$416
$386
Property Tax Rates Across Willow Springs, Howell County, Missouri
Local government entities are responsible for setting property tax rates, which can significantly vary within Missouri. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.
In Willow Springs, located in Howell County, the effective property tax rate stands out when compared to other cities in Missouri. With a median property tax rate of 0.61%, Willow Springs aligns with the highest and lowest rates within the region, as both are recorded at 0.61% in the same zip code. This rate is notably lower than the national median property tax rate of 1.02%, offering residents a more affordable property tax bill compared to the national median of $2400. Such favorable rates can provide significant savings for homeowners in Willow Springs, making it an attractive option for those looking to manage their property expenses 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 Willow Springs Tax Rate
0.61%
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 Howell County Tax Rate
0.75%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Willow Springs, Howell County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65793 | 0.58% | 0.60% | 0.61% | 0.62% | 0.65% |
Source: Ownwell
Property Tax Assessment Values Across Willow Springs, Howell County, Missouri
When examining property taxes in Willow Springs, 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 Howell 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 Howell 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 Willow Springs. For example, the median home price in Willow Springs is $68,260, with tax bills ranging significantly across the county. Zip code 65793 has the highest median home price at $68,260.
Property Tax Assessment Values Across Willow Springs, Howell County, Missouri
Source: Ownwell
$58,260
$73,590
$88,920
Median Willow Springs Market Value
$68,260
Median Howell County Market Value
$81,680
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Willow Springs, Howell County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65793 | $20,038 | $37,140 | $68,260 | $111,940 | $162,516 |
Source: Ownwell
Property Tax Bills Across Willow Springs, Howell County, Missouri
Median Willow Springs Tax Bill
$432
Median Howell County Tax Bill
$607
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Willow Springs, Howell County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65793 | $142 | $242 | $432 | $687 | $984 |
Source: Ownwell