Eldon, Morgan County, Missouri Property Taxes
Property Taxes in Eldon, Missouri
Median Eldon, Missouri effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, and lower than the Missouri state median of 1.25%.
Median Eldon, Missouri home value: $14,800
Median annual Eldon, Missouri tax bill: $138, lower by $2,262 than the national median property tax bill of $2,400.
How are property taxes in Morgan calculated?
Property taxes in Eldon, Missouri 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 Eldon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Eldon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Eldon, Morgan County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$138
$128
How Does the Eldon Property Tax Calculator Work?
Use this Eldon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Eldon's median effective tax rate of 0.93% — based on actual property records in Morgan County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Eldon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Eldon: rates range from 0.93% in 65026 to 0.93% in 65026, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Eldon.
About Eldon Property Taxes
About Property Taxes in Eldon, Morgan, Missouri
Eldon’s median effective property tax rate of 0.93% is lower than the Missouri state median of 1.25% and lower than the national median of 1.02%. This rate reflects the Morgan County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Eldon. Homeowners in the 65026 ZIP code carry a median effective rate of 0.93%, while those in the same ZIP also pay 0.93%. This spread reflects how school district boundaries and local assessment districts are drawn across Morgan County. Understanding which part of Eldon you live in can make a meaningful difference to your annual tax bill.
Eldon homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the July 13, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Eldon, Morgan County, Missouri
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Eldon's effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Eldon Tax Rate
0.93%
Our median effective property tax rate (tax bill Ă· 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
0.89%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Eldon, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65026 | 0.77% | 0.87% | 0.93% | 1.39% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Eldon, Morgan County, Missouri
When examining property taxes in Eldon, 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.
Assessment notices:
In Morgan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month.
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 understanding how assessed and market values are determined, property owners can better navigate property taxes in Eldon and the valuation process affecting their tax responsibilities.
For example, the median home price in Eldon is $14,800, with tax bills ranging significantly across the county. ZIP code 65026 has both the highest median home price at $14,800 and the highest median tax bill at $138.
Property Tax Assessment Values Across Eldon, Morgan County, Missouri
Source: Ownwell
$1,750
$74,800
$147,850
Median Eldon Market Value
$14,800
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 Eldon, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65026 | $1,200 | $3,600 | $14,800 | $88,500 | $181,600 |
Source: Ownwell
Property Tax Bills Across Eldon, Morgan County, Missouri
How are property tax bills calculated in Eldon?
Property tax bills in Eldon are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can also change, which affects the final bill. For homeowners, this means the amount owed is tied to both the value of the property and the tax rates applied to it.
What factors affect the bill?
The median home price in Eldon is $14,800, and the median property tax bill is $138.00 in ZIP code 65026. Bills can vary widely, with the 25th percentile at $42 and the 75th percentile at $748, showing that different homes can face very different tax burdens. The 90th percentile reaches $1,579, which is well above the national median property tax bill of $2,400. For homeowners, these differences can significantly affect monthly housing costs and long-term affordability.
Median Eldon Tax Bill
$138
Median Morgan County Tax Bill
$428
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Eldon, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65026 | $31 | $42 | $138 | $748 | $1,579 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Morgan Tax Assessor | |
| Website | morgan.integritygis.com |