Bloomfield, Stoddard County, Missouri Property Taxes
Median Bloomfield, MO effective property tax rate: 0.84%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Bloomfield, MO home value: $80,900
Median annual Bloomfield, MO tax bill: $708, $1,692 lower than the national median property tax bill of $2,400.
How are property taxes in Stoddard calculated?
Property taxes in Bloomfield, 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 Bloomfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bloomfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bloomfield, Stoddard County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.84%
Estimate Property Tax Bill
$688
$638
Property Tax Rates Across Bloomfield, Stoddard County, Missouri
Local government entities are responsible for setting property tax rates, and these rates can vary significantly within a state. This variation is due to each county's annual budget estimation process. Counties determine the budget needed to provide essential services and then divide it by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although votes and legislation play roles in setting these rates and budgets, this is the core of the annual process.
In Bloomfield, located in Stoddard County, Missouri, the effective property tax rate is a reflection of this process. When compared to other cities in Missouri, Bloomfield's rate provides an interesting perspective. Missouri's median property tax rate is 0.84%, which is lower than the national median of 1.02%. This means that property owners in Bloomfield generally face lower tax rates compared to the national average. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions.
Our median effective property tax rate (tax bill Ă· 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 Bloomfield Tax Rate
0.84%
Our median effective property tax rate (tax bill Ă· 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 Stoddard County Tax Rate
0.85%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bloomfield, Stoddard County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63825 | 0.69% | 0.76% | 0.84% | 0.88% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Bloomfield, Stoddard County, Missouri
When examining property taxes in Bloomfield, 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 Stoddard 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 Stoddard 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 Bloomfield.
For example, the median home price in Bloomfield is $80,900, with tax bills ranging significantly across the county. Zip code 63825 has the highest median home price at $80,900.
Property Tax Assessment Values Across Bloomfield, Stoddard County, Missouri
Source: Ownwell
$72,400
$128,000
$183,600
Median Bloomfield Market Value
$81,900
Median Stoddard County Market Value
$88,250
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bloomfield, Stoddard County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63825 | $16,600 | $42,700 | $81,900 | $147,350 | $227,740 |
Source: Ownwell
Property Tax Bills Across Bloomfield, Stoddard County, Missouri
Median Bloomfield Tax Bill
$711
Median Stoddard County Tax Bill
$762
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Bloomfield, Stoddard County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63825 | $211 | $396 | $711 | $1,279 | $1,936 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Stoddard Tax Assessor | |
| Website | stoddard.missouriassessors.com |