Henrietta, Ray County, Missouri Property Taxes

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

Median Henrietta, MO effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%. Median Henrietta, MO home value: $36,360. Median annual Henrietta, MO tax bill: $522, $1,878 lower than the national median property tax bill of $2,400. How are property taxes in Ray County calculated? Property taxes in Henrietta, 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 Henrietta’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Henrietta, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Henrietta, Ray County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.43%

Estimate Property Tax Bill

$520

$482

Ownwell’s Henrietta Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Henrietta with just two data points. By entering your property's estimated assessed value, our calculator applies Henrietta’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 Ray County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Henrietta, Ray County, Missouri

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services and dividing 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. In Henrietta, located in Ray County, Missouri, property owners experience an effective property tax rate that aligns with the highest and lowest median tax rates in the region, both standing at 1.43%. This rate is notably higher than the national median property tax rate of 1.02%. Consequently, homeowners in Henrietta often face higher property tax bills compared to the national average, which is $2,400. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Henrietta, Ray County, Missouri

Source: Ownwell

1.01%

1.24%

1.47%

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 Henrietta Tax Rate

1.43%

Median Effective Ray County Tax Rate

1.35%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Henrietta, Ray County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
64036	1.42%	1.43%	1.43%	1.44%	1.44%

Source: Ownwell

Property Tax Assessment Values Across Henrietta, Ray County, Missouri

When examining property taxes in Henrietta, 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 Ray 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 Ray 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 Henrietta.

For example, the median home price in Henrietta is $36,360, with tax bills ranging significantly across the county. The zip code 64036 has the highest median home price at $36,360.

Property Tax Assessment Values Across Henrietta, Ray County, Missouri

Source: Ownwell

$36,360

$82,168

$127,975

Median Henrietta Market Value

$36,360

Median Ray County Market Value

$105,860

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Henrietta, Ray County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
64036	$10,355	$20,985	$36,360	$53,705	$91,065

Source: Ownwell

Property Tax Bills Across Henrietta, Ray County, Missouri

In Henrietta, located in Ray County, MO, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value and is determined by local tax authorities. Homeowners in Henrietta face a median property tax bill of $522, which is significantly lower than the national median of $2,400. Factors that influence the tax bill include the property's assessed value and the local tax rate. While the tax bill at the 25th percentile is $301, it can rise to $819 at the 75th percentile, and reach $1,262 at the 90th percentile, indicating variability based on property characteristics and valuations.

Ownwell assists homeowners by providing professional property tax appeal services. Our experts analyze your property tax assessment to identify discrepancies and opportunities for reductions. By appealing your property tax assessment, we can help lower your tax bill, ensuring you only pay what is fair. With Ownwell's guidance, homeowners can achieve significant savings, making property ownership more affordable in Henrietta.

Property Tax Bills Across Henrietta, Ray County, Missouri

Source: Ownwell

$522

$1,201

$1,879

Median Henrietta Tax Bill

$522

Median Ray County Tax Bill

$1,429

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Henrietta, Ray County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
64036	$156	$301	$522	$819	$1,262

Source: Ownwell