Middletown, Lincoln County, Missouri Property Taxes
Median Middletown, MO effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Middletown, MO home value: $174,125
Median annual Middletown, MO tax bill: $1,500, $900 lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln County calculated?
Property taxes in Middletown, 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 Middletown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Middletown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Middletown, Lincoln County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.94%
Estimate Property Tax Bill
$1,637
$1,519
Property Tax Rates Across Middletown, Lincoln County, Missouri
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 Middletown Tax Rate
0.94%
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 Lincoln County Tax Rate
1.18%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Middletown, Lincoln County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63359 | 0.72% | 0.83% | 0.94% | 0.98% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across Middletown, Lincoln County, Missouri
When examining property taxes in Middletown, 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 Lincoln 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 Lincoln 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 Middletown. For example, the median home price in Middletown is $174,125, with tax bills ranging significantly across the county. Zip code 63359 has the highest median home price at $174,125.
Property Tax Assessment Values Across Middletown, Lincoln County, Missouri
Source: Ownwell
$21,050
$98,000
$174,950
Median Middletown Market Value
$174,125
Median Lincoln County Market Value
$150,220
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Middletown, Lincoln County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63359 | $61,336 | $116,055 | $174,125 | $244,420 | $309,559 |
Source: Ownwell
Property Tax Bills Across Middletown, Lincoln County, Missouri
In Middletown, located in Lincoln County, MO, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the home's market value, which is determined by local tax assessors. Factors such as property size, location, and improvements can influence this value. Homeowners in Middletown face property tax bills that range significantly, with the 25th percentile at $1,078 and the 75th percentile at $2,188. This means that while some residents pay less, others could face higher bills, such as those in the 90th percentile with a tax bill of $2,662, which is above the national median tax bill of $2,400.
Ownwell assists homeowners by providing property tax appeal and exemption services, potentially reducing their tax liabilities. By analyzing the assessed value and comparing it to market conditions, Ownwell identifies opportunities for tax savings. This can result in significant financial relief for homeowners, ensuring they pay a fair tax amount based on accurate property assessments.
Median Middletown Tax Bill
$1,505
Median Lincoln County Tax Bill
$1,750
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Middletown, Lincoln County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63359 | $516 | $1,091 | $1,505 | $2,195 | $2,670 |
Source: Ownwell