Troy, Warren County, Missouri Property Taxes

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

Median Troy, MO effective property tax rate: 1.10%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Troy, MO home value: $264,892
Median annual Troy, MO tax bill: $2,919, $519 higher than the national median property tax bill of $2,400.

How are property taxes in Warren County calculated?

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

Last Updated March 1, 2025

Troy, Warren County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$2,914

$2,704

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

Property Tax Rates Across Troy, Warren 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, resulting 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 Troy, located in Warren County, Missouri, the effective property tax rate can be compared to other cities in Missouri as well as the median property tax rates in the state and across the U.S. Missouri's median property tax rate is 1.10%, slightly above the national median of 1.02%. This indicates that property owners in Troy may experience property tax rates that are competitive within the state, but slightly higher than the national average. Understanding these variations can help property owners make informed decisions about property investments and tax appeals.

Property Tax Rates Across Troy, Warren County, Missouri

Source: Ownwell

1.04%

1.16%

1.28%

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 Troy Tax Rate

1.10%

Median Effective Warren County Tax Rate

1.14%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Troy, Warren County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
63379	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Troy, Warren County, Missouri

When examining property taxes in Troy, 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 Warren 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 Warren 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 Troy.

For example, the median home price in Troy is $264,892, with tax bills ranging significantly across the county. 63379 has the highest median home price at $264,892.

Property Tax Assessment Values Across Troy, Warren County, Missouri

Source: Ownwell

$37,757

$106,561

$175,365

Median Troy Market Value

$264,892

Median Warren County Market Value

$120,064

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Troy, Warren County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
63379	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Troy, Warren County, Missouri

In Troy, located in Warren County, MO, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. The assessed value is a percentage of the property's market value. Homeowners in Troy face a median property tax bill of $2,919, which is above the national median of $2,400. This reflects the financial impact on homeowners, who may find their property tax bills a significant expense. Various factors, such as the property's location, size, and improvements, influence the assessed value, ultimately affecting the tax bill.

Ownwell offers a solution for homeowners seeking to reduce their property tax burdens. By providing expert property tax appeal and exemption services, Ownwell helps ensure that homeowners are not overpaying on their tax bills. Their team of professionals reviews assessments to identify discrepancies, files appeals, and pursues exemptions where applicable. This proactive approach can lead to substantial savings, making property ownership more affordable for residents in Troy.

Property Tax Bills Across Troy, Warren County, Missouri

Source: Ownwell

$403

$1,245

$2,086

Median Troy Tax Bill

$2,919

Median Warren County Tax Bill

$1,370

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Troy, Warren County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
63379	N/A	N/A	N/A	N/A	N/A

Source: Ownwell