Reeds Spring, Stone County, Missouri Property Taxes
Median Reeds Spring, MO effective property tax rate: 0.93%, significantly lower than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Reeds Spring, MO home value: $92,250
Median annual Reeds Spring, MO tax bill: $860, $1,540 lower than the national median property tax bill of $2,400.
How are property taxes in Stone County calculated?
Property taxes in Reeds Spring, 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 Reeds Spring’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Reeds Spring, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Reeds Spring, Stone County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.93%
Estimate Property Tax Bill
$858
$796
Property Tax Rates Across Reeds Spring, Stone County, Missouri
Local government entities in Missouri set varying property tax rates across different regions. This variation stems from the annual process where each county, such as Stone County, estimates its budgetary needs for public services and divides this by the total assessed value of taxable properties within its area. This calculation determines the property tax rate that residents will pay. Although the process involves votes and legislation, this is the fundamental mechanism through which property taxes are established each year.
In Reeds Spring, located in Stone County, the effective property tax rate stands at 0.93%. This rate is consistent with the highest and lowest rates found within the area, highlighting a uniformity in tax rates across the region. When compared to Missouri's median property tax rate, Reeds Spring aligns closely with the state's average, offering residents a stable tax environment. Nationally, the median property tax rate is 1.02%, making Reeds Spring's rate slightly more favorable. This provides an appealing aspect for property owners in Reeds Spring, as they benefit from a lower tax rate than the national average, potentially leading to savings on their annual tax bill.
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 Reeds Spring Tax Rate
0.93%
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 Stone County Tax Rate
0.93%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Reeds Spring, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65737 | 0.93% | 0.93% | 0.93% | 0.93% | 0.93% |
Source: Ownwell
Property Tax Assessment Values Across Reeds Spring, Stone County, Missouri
When examining property taxes in Reeds Spring, 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 Stone 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 Stone 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 Reeds Spring. For example, the median home price in Reeds Spring is $92,250, with tax bills ranging significantly across the county. Zip code 65737 has the highest median home price at $92,250.
Property Tax Assessment Values Across Reeds Spring, Stone County, Missouri
Source: Ownwell
$16,000
$83,950
$151,900
Median Reeds Spring Market Value
$92,250
Median Stone County Market Value
$50,150
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Reeds Spring, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65737 | $15,900 | $43,400 | $92,250 | $156,475 | $257,727 |
Source: Ownwell
Property Tax Bills Across Reeds Spring, Stone County, Missouri
Median Reeds Spring Tax Bill
$860
Median Stone County Tax Bill
$460
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Reeds Spring, Stone County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 65737 | $147 | $404 | $860 | $1,585 | $2,476 |
Source: Ownwell