Linn, Osage County, Missouri Property Taxes
Median Linn, MO effective property tax rate: 0.95%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Linn, MO home value: $38,675
Median annual Linn, MO tax bill: $326, $2,074 lower than the national median property tax bill of $2,400.
How are property taxes in Osage calculated?
Property taxes in Linn, 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 Linn’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Linn, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Linn, Osage County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
$367
$341
Property Tax Rates Across Linn, Osage County, Missouri
Local government entities set tax rates, and these can vary widely within a state. This is because each county estimates its required budget annually to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Linn, located in Osage County, Missouri, the effective property tax rate is 0.95%, which is slightly below the national median of 1.02%. This rate reflects the local government's determination of necessary revenue to fund public services. When comparing Linn's rate to other cities in Missouri, it remains consistent, as both the highest and lowest median tax rates in the state are also 0.95%. This consistency suggests a balanced approach to property taxation within the region. While Linn's rate is below the national median, it provides an opportunity for property owners to benefit from lower taxes compared to other parts of the country.
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 Linn Tax Rate
0.95%
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 Osage County Tax Rate
0.86%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Linn, Osage County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65051 | 0.63% | 0.80% | 0.95% | 0.96% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Linn, Osage County, Missouri
When examining property taxes in Linn, 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. Osage County 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 Osage County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Linn.
For example, the median home price in Linn is $38,675, with tax bills ranging significantly across the county. Zip code 65051 has the highest median home price at $38,675.
Property Tax Assessment Values Across Linn, Osage County, Missouri
Source: Ownwell
$12,528
$28,706
$44,883
Median Linn Market Value
$38,675
Median Osage County Market Value
$30,816
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Linn, Osage County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65051 | $12,554 | $21,599 | $38,675 | $89,587 | $178,985 |
Source: Ownwell
Property Tax Bills Across Linn, Osage County, Missouri
In Linn, located in Osage County, MO, property tax bills are calculated based on the assessed value of a home, which is determined by a percentage of its market value. With a median home price of $38,675, the median property tax bill is $326, significantly lower than the national median of $2,400. This difference highlights the relatively low property tax burden for homeowners in this region. However, tax bills can vary, with the 25th percentile at $181 and the 75th percentile at $765, indicating that some homeowners may face higher taxes depending on their home's assessed value and specific tax rates applied.
Homeowners in Linn can benefit from appealing their property tax assessments, potentially lowering their tax bills. Ownwell provides expert property tax appeal services, helping homeowners navigate the complexities of property tax assessments. By leveraging local market data and experienced consultants, Ownwell can identify opportunities for savings, ensuring homeowners pay only their fair share. This service can be especially valuable in regions like Linn, where even small reductions in assessed values can lead to significant savings.
Median Linn Tax Bill
$326
Median Osage County Tax Bill
$261
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Linn, Osage County, Missouri
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
65051 | $107 | $181 | $326 | $765 | $1,702 |
Source: Ownwell