Seligman, Mcdonald County, Missouri Property Taxes

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

Median Seligman, MO effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Seligman, MO home value: $74,090
Median annual Seligman, MO tax bill: $549, $1,851 lower than the national median property tax bill of $2,400.

How are property taxes in McDonald County calculated?

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

Last Updated March 1, 2025

Seligman, Mcdonald County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.76%

Estimate Property Tax Bill

$563

$523

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

By entering your property's estimated assessed value, our calculator applies Seligman’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 McDonald County.

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

Property Tax Rates Across Seligman, Mcdonald County, Missouri

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties assess their budgetary needs for public services and divide this by the total value of all taxable properties within their borders. This process establishes the property tax rate. Although votes and regulations play a role in determining tax rates and budgets, this is the essential procedure followed annually. In Seligman, located in McDonald County, MO, the effective property tax rate is notably distinct when compared to other cities in Missouri, as well as the median property tax rates in Missouri and the U.S. While the national median property tax rate stands at 1.02%, it's insightful to observe how Seligman's rate aligns with or diverges from this benchmark. Understanding these differences can help property owners in Seligman make informed decisions about their property tax strategies and potential appeals.

Property Tax Rates Across Seligman, Mcdonald County, Missouri

Source: Ownwell

0.75%

0.81%

0.87%

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 Seligman Tax Rate

0.76%

Median Effective Mcdonald County Tax Rate

0.75%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Seligman, Mcdonald County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65745	0.67%	0.75%	0.76%	0.80%	0.81%

Source: Ownwell

Property Tax Assessment Values Across Seligman, Mcdonald County, Missouri

When examining property taxes in Seligman, 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 McDonald 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 McDonald 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 Seligman.

For example, the median home price in Seligman is $74,090, with tax bills ranging significantly across the county. Zip code 65745 has the highest median home price at $74,090.

Property Tax Assessment Values Across Seligman, Mcdonald County, Missouri

Source: Ownwell

$29,260

$70,300

$111,340

Median Seligman Market Value

$74,090

Median Mcdonald County Market Value

$63,020

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Seligman, Mcdonald County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65745	$32,396	$46,704	$74,090	$140,345	$194,638

Source: Ownwell

Property Tax Bills Across Seligman, Mcdonald County, Missouri

In Seligman, located in McDonald County, Missouri, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The property tax rate in this region is generally lower than the national median property tax rate of 1.02%. For homeowners in Seligman, the median property tax bill is $549, which is significantly below the national median of $2,400. Factors such as home value, local tax rates, and applicable exemptions play a crucial role in determining the final tax bill. This lower tax rate can be beneficial for homeowners, as it results in reduced annual expenses. However, even with lower rates, there may be opportunities to save further. Ownwell offers expert property tax appeal services to help homeowners potentially lower their tax bills. By analyzing property assessments and identifying possible inaccuracies, Ownwell can assist homeowners in securing the most favorable tax situation, ensuring they are not overpaying on their property taxes.

Property Tax Bills Across Seligman, Mcdonald County, Missouri

Source: Ownwell

$217

$551

$884

Median Seligman Tax Bill

$549

Median Mcdonald County Tax Bill

$473

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Seligman, Mcdonald County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65745	$236	$335	$549	$1,058	$1,454

Source: Ownwell