Blue Springs, Morgan County, Missouri Property Taxes
Median Blue Springs, MO effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Blue Springs, MO home value: $5,500
Median annual Blue Springs, MO tax bill: $81, $2,319 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Blue 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 Blue Springs’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Blue Springs, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Blue Springs, Morgan County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.9%
Estimate Property Tax Bill
$50
$46
Property Tax Rates Across Blue Springs, Morgan County, Missouri
Local government entities determine tax rates, which can differ significantly within a state. Each county calculates its necessary budget for services and divides it by the total value of all taxable property in its area, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.
In Blue Springs, located in Morgan County, Missouri, the effective property tax rate is a point of interest. When compared to other cities in Missouri and the U.S. median, Blue Springs offers a unique perspective on property tax rates. The median property tax rate in Missouri is 0.90%, which is below the national median of 1.02%. Within Blue Springs, the effective property tax rate remains consistent, with the highest and lowest median rates both at 0.85% in the 64015 zip code.
Understanding these variations can provide valuable insights for property owners. It highlights how local governance and budgeting decisions impact property taxes, offering a clearer picture of why rates might vary even within the same state.
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 Blue Springs Tax Rate
0.90%
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 Morgan County Tax Rate
0.87%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Blue Springs, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64015 | 0.83% | 0.84% | 0.85% | 1.10% | 1.98% |
| 64014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Blue Springs, Morgan County, Missouri
When examining property taxes in Blue Springs, 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 Morgan 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.
In Morgan 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 Blue Springs. For example, the median home price in Blue Springs is $5,500, with tax bills ranging significantly across the county. Zip code 64015 has the highest median home price at $4,300.
Property Tax Assessment Values Across Blue Springs, Morgan County, Missouri
Source: Ownwell
$1,750
$74,875
$148,000
Median Blue Springs Market Value
$5,500
Median Morgan County Market Value
$49,350
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Blue Springs, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64015 | $2,900 | $3,925 | $4,300 | $49,175 | $98,950 |
| 64014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Blue Springs, Morgan County, Missouri
In Blue Springs, located in Morgan County, Missouri, property tax bills are determined based on the assessed value of a home. The assessed value is a percentage of the property's market value. Local tax rates are then applied to this assessed value to calculate the annual property tax bill. Factors such as changes in market conditions and property improvements can influence assessed values, thereby affecting tax bills. With a median home price of $5,500, tax bills in Blue Springs can vary significantly. For instance, homeowners at the 25th percentile might pay around $37, while those at the 90th percentile could see bills as high as $942. This range highlights the variability in tax burdens that homeowners face.
Ownwell helps homeowners navigate these complexities by providing expert property tax appeal and exemption services. By ensuring that properties are fairly assessed, Ownwell can help reduce tax liabilities, potentially saving homeowners a substantial amount on their tax bills. This service can be particularly beneficial in areas like Blue Springs, where tax assessments can fluctuate.
Median Blue Springs Tax Bill
$81
Median Morgan County Tax Bill
$420
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Blue Springs, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64015 | $34 | $36 | $53 | $393 | $875 |
| 64014 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell