Neosho, Newton County, Missouri Property Taxes
Property Taxes in Neosho, Missouri
Median Neosho, Missouri effective property tax rate: 1.04%, significantly lower than the national median of 1.02%, and lower than the Missouri state median of 1.25%.
Median Neosho, Missouri home value: $88,800
Median annual Neosho, Missouri tax bill: $898, lower than the national median property tax bill of $2,400.
How are property taxes in Newton calculated?
Property taxes in Neosho, 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 Neosho's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Neosho, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Neosho, Newton County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$924
$857
How Does the Neosho Property Tax Calculator Work?
Use this Neosho property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Neosho's median effective tax rate of 1.04% — based on actual property records in Newton 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 Neosho'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 Neosho: rates range from 1.04% in 64850 to 1.04% in 64850, 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 Neosho.
About Neosho Property Taxes
About Property Taxes in Neosho, Newton, Missouri
Neosho's median effective property tax rate of 1.04% is lower than the Missouri state median of 1.25% and higher than the national median of 1.02%. This rate reflects the Newton 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 Neosho. Homeowners in the 64850 ZIP code carry a median effective rate of 1.04%, while those in 64850 pay 1.04%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Newton County. Understanding which part of Neosho you live in can make a meaningful difference to your annual tax bill.
Neosho homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before July 13, 2026.
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 Neosho, Newton 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 Neosho'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 ÷ 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 Neosho Tax Rate
1.04%
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 Newton County Tax Rate
1.04%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Neosho, Newton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64850 | 0.92% | 1.01% | 1.04% | 1.04% | 1.05% |
Source: Ownwell
Property Tax Assessment Values Across Neosho, Newton County, Missouri
When examining property taxes in Neosho, 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 Newton 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.
Assessment notices:
In Newton 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. For example, the median home price in Neosho is $88,800, with tax bills ranging significantly across the county. ZIP code 64850 has the highest median home price at $88,800.
Property Tax Assessment Values Across Neosho, Newton County, Missouri
Source: Ownwell
$64,850
$134,725
$204,600
Median Neosho Market Value
$88,800
Median Newton County Market Value
$94,400
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Neosho, Newton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64850 | $36,000 | $54,625 | $88,800 | $133,700 | $188,100 |
Source: Ownwell
Property Tax Bills Across Neosho, Newton County, Missouri
Property tax bills in Neosho are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much tax a homeowner owes each year. For many homeowners, the size of the bill depends on the home’s value, the tax rate set by local taxing authorities, and any exemptions that may reduce the taxable amount.
With a median home price of $88,800, property taxes in Neosho are generally tied to relatively modest home values compared with many places nationwide. The median tax bill is $898.00, and the tax bill ranges from $558 at the 25th percentile to $1,362 at the 75th percentile, with the 90th percentile reaching $1,904. That means homeowners with higher assessed values or fewer exemptions can see noticeably larger bills.
Median Neosho Tax Bill
$898
Median Newton County Tax Bill
$925
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Neosho, Newton County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 64850 | $368 | $558 | $898 | $1,362 | $1,904 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Newton Tax Assessor | |
| Website | newton.integritygis.com |