Osage Beach, Miller County, Missouri Property Taxes

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

Median Osage Beach, MO effective property tax rate: 0.91%, significantly lower than the national median of 1.02% and lower than the Missouri state median of 1.20%. Median Osage Beach, MO home value: $143,230. Median annual Osage Beach, MO tax bill: $1,175, $1,225 lower than the national median property tax bill of $2,400.

How are property taxes in Miller County calculated? Property taxes in Osage Beach, 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 Osage Beach’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Osage Beach, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Osage Beach, Miller County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.91%

Estimate Property Tax Bill

$1,303

$1,210

Ownwell’s Osage Beach Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Osage Beach with just two data points. By entering your property's estimated assessed value, our calculator applies Osage Beach’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 Miller County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Osage Beach, Miller County, Missouri

Local government entities determine tax rates, which can significantly differ within a state. Each county estimates its necessary budget to provide services and divides it by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this annual process remains fundamental.

In Osage Beach, located in Miller County, the effective property tax rate stands at 0.91%. This rate aligns with the highest and lowest median tax rates in the area, indicating a uniformity in the tax rate within this region. When compared to the state median tax rate of Missouri, Osage Beach's rate is consistent, offering residents a predictable tax environment. Nationally, the median property tax rate is 1.02%, which suggests that Osage Beach residents enjoy a relatively lower property tax burden compared to the national average. This can be an attractive factor for property owners considering the overall affordability and value in Osage Beach.

Property Tax Rates Across Osage Beach, Miller County, Missouri

Source: Ownwell

0.84%

0.98%

1.12%

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 Osage Beach Tax Rate

0.91%

Median Effective Miller County Tax Rate

0.00%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Osage Beach, Miller County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
65065	0.91%	0.91%	0.91%	0.91%	0.91%

Source: Ownwell

Property Tax Assessment Values Across Osage Beach, Miller County, Missouri

When examining property taxes in Osage Beach, Missouri, 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 Miller 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 Miller 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 Osage Beach.

For example, the median home price in Osage Beach is $143,230, with tax bills ranging significantly across the county. The zip code 65065 has the highest median home price at $143,230.

Property Tax Assessment Values Across Osage Beach, Miller County, Missouri

Source: Ownwell

$63,700

$125,308

$186,915

Median Osage Beach Market Value

$143,230

Median Miller County Market Value

$89,070

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Osage Beach, Miller County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
65065	$95,476	$109,155	$143,230	$179,790	$254,052

Source: Ownwell

Property Tax Bills Across Osage Beach, Miller County, Missouri

In Osage Beach, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. The median home price in Osage Beach is $143,230, and the property tax bill can vary significantly. For instance, the 25th percentile tax bill is $1,133, while the 75th percentile reaches $1,619, and the 90th percentile goes up to $1,886. The median property tax bill in the area is $1,175, which is below the national median of $2,400. This discrepancy can significantly affect homeowners, especially when assessed values increase, potentially leading to higher tax bills. Ownwell can assist homeowners by providing property tax appeal services, potentially reducing the assessed value of their homes and, consequently, their tax bills. By leveraging expertise in local tax regulations and market trends, Ownwell helps homeowners navigate the complexities of property taxes, ensuring they are not overpaying and can achieve substantial savings.

Property Tax Bills Across Osage Beach, Miller County, Missouri

Source: Ownwell

$639

$1,207

$1,774

Median Osage Beach Tax Bill

$1,175

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Osage Beach, Miller County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
65065	$1,108	$1,133	$1,175	$1,619	$1,886

Source: Ownwell