Defiance, Morgan County, Missouri Property Taxes

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

Median Defiance, 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 Defiance, MO home value: $112,000
Median annual Defiance, MO tax bill: $1,048, $1,352 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan calculated?

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

Last Updated March 1, 2025

Defiance, Morgan County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$1,042

$967

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

Property Tax Rates Across Defiance, Morgan County, Missouri

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Defiance in Morgan County, MO, exemplifies how property tax rates can differ even within the same state. The effective property tax rate in Defiance is a reflection of the local budgetary needs and property values. When compared to the national median property tax rate of 1.02%, Missouri's median rate of 0.94% is slightly lower, indicating a relatively moderate tax burden. This can be particularly appealing to homeowners looking for a balance between quality public services and property tax expenses. Understanding these rates in the context of state and national averages can provide valuable insights for property owners and potential buyers in Defiance and beyond.

Property Tax Rates Across Defiance, Morgan County, Missouri

Source: Ownwell

0.71%

1.36%

2.01%

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 Defiance Tax Rate

0.93%

Median Effective Morgan County Tax Rate

0.89%

Median Effective Missouri Tax Rate

1.25%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Defiance, Morgan County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
63341	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Defiance, Morgan County, Missouri

When examining property taxes in Defiance, 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 Defiance.

For example, the median home price in Defiance is $112,000, with tax bills ranging significantly across the county. The 25th percentile tax bill is $542, and the 75th percentile tax bill is $1,051.

Property Tax Assessment Values Across Defiance, Morgan County, Missouri

Source: Ownwell

$1,750

$74,800

$147,850

Median Defiance Market Value

$112,000

Median Morgan County Market Value

$49,400

Median Missouri Market Value

$136,526

Median United States Market Value

$235,294

Property Tax Assessment Values Across Defiance, Morgan County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
63341	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Defiance, Morgan County, Missouri

In Defiance, located in Morgan County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in this area is $112,000. Homeowners in Defiance typically face property tax bills ranging from $542 at the 25th percentile to $1,051 at the 75th percentile. These figures are notably lower than the national median property tax bill of $2,400. The tax rate and assessed value are crucial in determining the final tax bill, impacting homeowners' annual expenses. Factors such as changes in market value, local government budgets, and tax rates influence the tax bill amount. Ownwell assists homeowners in Defiance by offering property tax appeal and exemption services, working to ensure that property assessments are fair and accurate. By leveraging expert knowledge and local data, Ownwell can help reduce property tax bills, providing significant savings and financial relief for homeowners.

Property Tax Bills Across Defiance, Morgan County, Missouri

Source: Ownwell

$15

$673

$1,330

Median Defiance Tax Bill

$1,047

Median Morgan County Tax Bill

$428

Median Missouri Tax Bill

$1,684

Median United States Tax Bill

$2,400

Property Tax Bills Across Defiance, Morgan County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
63341	N/A	N/A	N/A	N/A	N/A

Source: Ownwell