Buckner, Morgan County, Missouri Property Taxes
Median Buckner, MO effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Buckner, MO home value: $22,900
Median annual Buckner, MO tax bill: $232, $2,168 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Buckner, 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 Buckner’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buckner, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buckner, Morgan County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$330
$306
Property Tax Rates Across Buckner, Morgan County, Missouri
Local government entities are responsible for setting tax rates, which can differ significantly throughout the state. This is because each county determines its necessary budget to fund services every year and divides it by the total value of all taxable property within its borders. This calculation establishes the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the yearly procedure.
In Buckner, located in Lafayette County, Missouri, the effective property tax rate stands at 1.44%. This rate is higher than the national median property tax rate of 1.02%. Consequently, property owners in Buckner may find themselves paying more in property taxes compared to the typical property owner across the country. Understanding these rates is crucial for property owners as it directly impacts their annual expenses. By comparing Buckner's tax rate with other cities in Missouri and the national median, property owners can better assess their financial obligations and make informed decisions regarding property investments and budgeting.
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 Buckner Tax Rate
1.44%
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 Buckner, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64016 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Buckner, Morgan County, Missouri
When examining property taxes in Buckner, 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 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 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 Buckner.
For example, the median home price in Buckner is $22,900, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Buckner, Morgan County, Missouri
Source: Ownwell
$1,750
$74,875
$148,000
Median Buckner Market Value
$22,900
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 Buckner, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64016 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Buckner, Morgan County, Missouri
In Buckner, located in Morgan County, MO, property tax bills are determined by applying the county's tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value. Homeowners in Buckner face an average property tax bill that varies significantly, with the 25th percentile at $44 and the 75th percentile at $540. The 90th percentile reaches up to $762, which is below the national median property tax bill of $2400. This variation is influenced by factors such as property size, location, and improvements.
For homeowners, these taxes can represent a significant expense, impacting their financial planning and overall cost of homeownership. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their assessed values, thereby reducing their tax bills. With specialized knowledge of local tax regulations, Ownwell ensures that homeowners in Buckner pay only their fair share, offering peace of mind and valuable savings.
Median Buckner Tax Bill
$232
Median Morgan County Tax Bill
$420
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Buckner, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64016 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell