Portageville, Pemiscot County, Missouri Property Taxes

Name: Property Tax Bills Across Portageville, Pemiscot County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Portageville, MO effective property tax rate: 0.94%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Portageville, MO home value: $25,340
Median annual Portageville, MO tax bill: $240, $2,160 lower than the national median property tax bill of $2,400.

How are property taxes in Pemiscot County calculated?

Property taxes in Portageville, 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 Portageville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Portageville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Portageville, Pemiscot County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.94%

Estimate Property Tax Bill

$238

$221

Ownwell’s Portageville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Portageville with just two data points. By entering your property's estimated assessed value, our calculator applies Portageville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Pemiscot County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Portageville, Pemiscot County, Missouri

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 Portageville’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.

Portageville, located in Pemiscot County, offers a property tax rate of 0.94%, which is below the national median of 1.02%. This rate reflects the county's fiscal needs and the total assessed value of properties within its boundaries. The uniformity in rates across Portageville suggests a stable economic environment for homeowners. When compared to the national median property tax bill of $2400, residents here enjoy potentially lower tax obligations, making Portageville an appealing option for property owners. Understanding these rates and how they are calculated can empower property owners to make informed decisions and potentially save on their property taxes.

Property Tax Rates Across Portageville, Pemiscot County, Missouri

Source: Ownwell

0.94%

1.12%

1.30%

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 Portageville Tax Rate

0.94%

Median Effective Pemiscot County Tax Rate

1.14%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Portageville, Pemiscot County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
63873	0.83%	0.94%	0.94%	0.96%	1.00%

Source: Ownwell

Property Tax Assessment Values Across Portageville, Pemiscot County, Missouri

When examining property taxes in Portageville, 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 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 Pemiscot 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 Portageville. For example, the median home price in Portageville is $25,340, with tax bills ranging significantly across the county. Zip code 63873 has the highest median home price at $25,340.

Property Tax Assessment Values Across Portageville, Pemiscot County, Missouri

Source: Ownwell

$14,520

$24,120

$33,720

Median Portageville Market Value

$25,340

Median Pemiscot County Market Value

$27,370

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Portageville, Pemiscot County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
63873	$8,492	$13,690	$25,340	$51,140	$172,110

Source: Ownwell

Property Tax Bills Across Portageville, Pemiscot County, Missouri

In Portageville, located in Pemiscot County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. With the median home price in Portageville at $25,340, homeowners can expect property tax bills that vary significantly. The 25th percentile tax bill is around $133, while the 75th percentile reaches $479, and the 90th percentile can be as high as $1,651. Compared to the national median property tax bill of $2,400, Portageville's tax bills are relatively lower. However, these taxes can still be a burden for some homeowners. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax bills. By analyzing property assessments and identifying potential errors or opportunities for exemptions, Ownwell can assist in lowering these expenses, ensuring homeowners pay only their fair share.

Property Tax Bills Across Portageville, Pemiscot County, Missouri

Source: Ownwell

$158

$271

$383

Median Portageville Tax Bill

$240

Median Pemiscot County Tax Bill

$320

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Portageville, Pemiscot County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
63873	$82	$133	$240	$479	$1,651

Source: Ownwell