Shelbina, Shelby County, Missouri Property Taxes
Median Shelbina, MO effective property tax rate: 1.04%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Shelbina, MO home value: $52,500
Median annual Shelbina, MO tax bill: $535, $1,865 lower than the national median property tax bill of $2,400.
How are property taxes in Shelby County calculated?
Property taxes in Shelbina, 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 Shelbina’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shelbina, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Shelbina, Shelby County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.04%
Estimate Property Tax Bill
$546
$507
Ownwell’s Shelbina Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shelbina with just two data points.
By entering your property's estimated assessed value, our calculator applies Shelbina’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 Shelby.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Shelbina, Shelby County, Missouri
Local government entities set tax rates, which can vary widely within a state. 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.
Shelbina in Shelby County, Missouri, stands out with its effective property tax rate. The median property tax rate in Missouri is 1.04%, slightly above the national median of 1.02%. Interestingly, Shelbina's property tax rate aligns with Missouri's median, indicating a consistent approach across the state. This rate is notably higher than the national median, suggesting that property owners in Shelbina may experience higher tax bills compared to the national average. However, it's important to note that the tax rate is just one component of the overall property tax bill, which also depends on the assessed value of the property. Comparing Shelbina’s rate to other cities in Missouri and the U.S. provides valuable insights into the local property tax landscape, helping property owners make informed decisions.
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 Shelbina Tax Rate
1.04%
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 Shelby County Tax Rate
0.87%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Shelbina, Shelby County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63468 | 0.75% | 0.76% | 1.04% | 1.21% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Shelbina, Shelby County, Missouri
When examining property taxes in Shelbina, 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 Shelby 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 Shelby 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 Shelbina. For example, the median home price in Shelbina is $52,500, with tax bills ranging significantly across the county. 63468 has the highest median home price at $52,500.
Property Tax Assessment Values Across Shelbina, Shelby County, Missouri
Source: Ownwell
$25,900
$59,225
$92,550
Median Shelbina Market Value
$52,500
Median Shelby County Market Value
$56,500
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Shelbina, Shelby County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63468 | $10,300 | $21,300 | $52,500 | $94,200 | $169,300 |
Source: Ownwell
Property Tax Bills Across Shelbina, Shelby County, Missouri
Median Shelbina Tax Bill
$535
Median Shelby County Tax Bill
$514
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Shelbina, Shelby County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63468 | $103 | $255 | $535 | $981 | $1,721 |
Source: Ownwell