Sunrise Beach, Morgan County, Missouri Property Taxes
Median Sunrise Beach, MO effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Sunrise Beach, MO home value: $140,500
Median annual Sunrise Beach, MO tax bill: $1,215, $1,185 lower than the national median property tax bill of $2,400.
How are property taxes in Morgan County calculated?
Property taxes in Sunrise Beach, 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 Sunrise Beach’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sunrise Beach, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sunrise Beach, Morgan County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$1,222
$1,134
Property Tax Rates Across Sunrise Beach, Morgan County, Missouri
Local government entities in Missouri set tax rates, which can vary widely within the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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.
In Sunrise Beach, located in Morgan County, the effective property tax rate is 0.87%, aligning with the highest and lowest median tax rates within the area. This rate is notably below the national median property tax rate of 1.02%. The difference highlights the variability in property tax rates across different regions, emphasizing the importance of understanding local tax obligations. For residents, this lower rate can translate into significant savings on their annual property tax bills compared to the national median of $2,400. As property taxes are a crucial consideration for homeowners, staying informed about local rates and potential savings opportunities can be beneficial.
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 Sunrise Beach Tax Rate
0.87%
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 Sunrise Beach, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65079 | 0.84% | 0.87% | 0.87% | 0.87% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Sunrise Beach, Morgan County, Missouri
When examining property taxes in Sunrise Beach, 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 Appraisal District 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 Sunrise Beach.
For example, the median home price in Sunrise Beach is $140,500, with tax bills ranging significantly across the county. Zip code 65079 has the highest median home price at $140,500.
Property Tax Assessment Values Across Sunrise Beach, Morgan County, Missouri
Source: Ownwell
$1,750
$74,875
$148,000
Median Sunrise Beach Market Value
$140,500
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 Sunrise Beach, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65079 | $9,730 | $40,600 | $140,500 | $232,575 | $318,750 |
Source: Ownwell
Property Tax Bills Across Sunrise Beach, Morgan County, Missouri
Median Sunrise Beach Tax Bill
$1,215
Median Morgan County Tax Bill
$420
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Sunrise Beach, Morgan County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65079 | $84 | $345 | $1,215 | $1,955 | $2,787 |
Source: Ownwell
