Downing, Scotland County, Missouri Property Taxes

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

Median Downing, MO effective property tax rate: 0.98%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Downing, MO home value: $80,640
Median annual Downing, MO tax bill: $857, $1,543 lower than the national median property tax bill of $2,400.

How are property taxes in Scotland calculated?

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

Last Updated March 1, 2025

Downing, Scotland County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.98%

Estimate Property Tax Bill

$790

$733

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

Property Tax Rates Across Downing, Scotland County, Missouri

Local government entities set tax rates, which can vary widely within a state. 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 Downing’s effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S. Downing, located in Scotland County, has a property tax rate that aligns with the state's median rate of 0.98%. This is slightly below the national median property tax rate of 1.02%. Despite the variations in tax rates across different regions, Downing's rate remains consistent within the state. For residents and property owners in Downing, this means a relatively stable property tax environment compared to the national landscape. Understanding these rates is crucial for property owners aiming to manage their expenses effectively.

Property Tax Rates Across Downing, Scotland County, Missouri

Source: Ownwell

0.98%

1.18%

1.38%

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 Downing Tax Rate

0.98%

Median Effective Scotland County Tax Rate

1.18%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Downing, Scotland County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
63536	0.77%	0.88%	0.98%	1.09%	1.17%

Source: Ownwell

Property Tax Assessment Values Across Downing, Scotland County, Missouri

When examining property taxes in Downing, 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 Scotland 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.

In Scotland 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 Downing.

For example, the median home price in Downing is $80,640, with tax bills ranging significantly across the county. Zip code 63536 has the highest median home price at $80,640.

Property Tax Assessment Values Across Downing, Scotland County, Missouri

Source: Ownwell

$18,450

$49,545

$80,640

Median Downing Market Value

$80,640

Median Scotland County Market Value

$40,880

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Downing, Scotland County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
63536	$12,690	$42,055	$80,640	$169,715	$239,260

Source: Ownwell

Property Tax Bills Across Downing, Scotland County, Missouri

In Downing, located in Scotland County, MO, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. Factors such as the property's location, size, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Downing face a median tax bill of $857, which is significantly lower than the national median of $2,400. This makes Downing an attractive location for homeowners looking to minimize their tax expenses. However, with tax bills ranging from $378 at the 25th percentile to $2,548 at the 90th percentile, there can be considerable variation depending on individual property assessments. Ownwell's expertise in property tax appeals and exemptions can help homeowners in Downing potentially lower their tax bills. By analyzing assessments and identifying discrepancies, Ownwell ensures homeowners are not overpaying, providing peace of mind and financial savings.

Property Tax Bills Across Downing, Scotland County, Missouri

Source: Ownwell

$219

$538

$857

Median Downing Tax Bill

$857

Median Scotland County Tax Bill

$472

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Downing, Scotland County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
63536	$117	$378	$857	$1,688	$2,548

Source: Ownwell