Sugar Creek, Morgan County, Missouri Property Taxes
Median Sugar Creek, MO effective property tax rate: 1.00%, slightly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Sugar Creek, MO home value: $76,200
Median annual Sugar Creek, MO tax bill: $664, $1,736 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Sugar Creek, 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 Sugar Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sugar Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sugar Creek, Morgan County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$762
$707
Property Tax Rates Across Sugar Creek, Morgan County, Missouri
Local government entities are responsible for setting tax rates, and these can differ significantly within Missouri. Each year, Morgan County estimates the budget needed to provide essential services and divides this by the total value of all taxable property within its boundaries. This process determines the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the basic annual procedure.
In Sugar Creek, the effective property tax rate offers an interesting point of comparison. It allows residents to see how their local rates stack up against other cities in Missouri, as well as against the state's median property tax rate and the national median. Missouri's median property tax rate is slightly below the national median of 1.02%, providing some relief to property owners compared to other states. Understanding these rates can help property owners in Sugar Creek make informed decisions about property investment and management, ensuring they are well-prepared for their tax obligations.
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 Sugar Creek Tax Rate
1.00%
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 Sugar Creek, Morgan County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
64054 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Sugar Creek, Morgan County, Missouri
When examining property taxes in Sugar Creek, 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'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 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 Sugar Creek.
For example, the median home price in Sugar Creek is $76,200, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Sugar Creek, Morgan County, Missouri
Source: Ownwell
$1,750
$74,875
$148,000
Median Sugar Creek Market Value
$76,200
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 Sugar Creek, Morgan County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
64054 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Sugar Creek, Morgan County, Missouri
Median Sugar Creek Tax Bill
$664
Median Morgan County Tax Bill
$420
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Sugar Creek, Morgan County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
64054 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell