Caruthersville, Pemiscot County, Missouri Property Taxes
Median Caruthersville, MO effective property tax rate: 1.18%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Caruthersville, MO home value: $32,165
Median annual Caruthersville, MO tax bill: $383, $2,017 lower than the national median property tax bill of $2,400.
How are property taxes in Pemiscot County calculated?
Property taxes in Caruthersville, 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 Caruthersville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Caruthersville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Caruthersville, Pemiscot County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.19%
Estimate Property Tax Bill
$388
$360
Property Tax Rates Across Caruthersville, Pemiscot County, Missouri
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 Caruthersville Tax Rate
1.19%
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 Pemiscot County Tax Rate
1.15%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Caruthersville, Pemiscot County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63830 | 1.17% | 1.18% | 1.19% | 1.19% | 1.21% |
Source: Ownwell
Property Tax Assessment Values Across Caruthersville, Pemiscot County, Missouri
When examining property taxes in Caruthersville, 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 Pemiscot 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.
Assessment notices:
In Pemiscot 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 Caruthersville.
For example, the median home price in Caruthersville is $32,165, with tax bills ranging significantly across the county. Zip code 63830 has the highest median home price at $32,165.
Property Tax Assessment Values Across Caruthersville, Pemiscot County, Missouri
Source: Ownwell
$13,890
$23,550
$33,210
Median Caruthersville Market Value
$32,585
Median Pemiscot County Market Value
$27,030
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Caruthersville, Pemiscot County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63830 | $12,032 | $21,648 | $32,585 | $46,158 | $62,642 |
Source: Ownwell
Property Tax Bills Across Caruthersville, Pemiscot County, Missouri
In Caruthersville, located in Pemiscot County, MO, property tax bills are calculated based on the assessed value of a home. While the median home price in this area is $32,165, the property tax rate is relatively low compared to the national median. Homeowners in Caruthersville typically see median property tax bills around $383, which is significantly lower than the national median property tax bill of $2,400. Factors influencing the tax bill include the assessed value of the property and the local tax rate. The tax bill can vary, with the 25th percentile at $269 and the 75th percentile at $543, indicating a range of tax burdens among homeowners. For those in the 90th percentile, tax bills can reach up to $737.
Ownwell can assist homeowners in Caruthersville by reviewing their property tax assessments and identifying potential savings. By leveraging expertise in property tax appeals and exemptions, Ownwell helps ensure that homeowners are not overpaying, potentially lowering their tax bills and providing financial relief.
Median Caruthersville Tax Bill
$387
Median Pemiscot County Tax Bill
$322
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Caruthersville, Pemiscot County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63830 | $158 | $259 | $387 | $546 | $761 |
Source: Ownwell