Worth County, Missouri Property Taxes
Median Worth County effective property tax rate: 1.26%, significantly higher than the national median of 1.02%.
Median Worth County home value: $27,782
Median annual Worth County tax bill: $356, $2,044 lower than the national median property tax bill of $2,400.
How are property taxes in Worth County calculated?
Property taxes in Worth County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Grant City or another part of Worth County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Worth County, Missouri Property Tax Bill Calculator
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Median Effective Tax Rate
1.26%
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Property Tax Rates Across Worth County, Missouri
Local government entities are responsible for setting tax rates, and these can differ significantly within a state. Each year, counties estimate the budget they need to provide services and divide this by the total value of all taxable properties in their jurisdiction. This calculation determines the property tax rate. Although the process involves votes and regulations, this is the annual routine in summary.
Worth County's effective property tax rate is higher than the national median property tax rate of 1.02%. With a median tax rate of 1.26%, Worth County is above the national average, indicating a relatively higher tax burden compared to many other regions. Within Worth County, Parnell has the highest median tax rate at 1.38%, while Sheridan has the lowest at 1.23%. This variation within the county highlights how localized factors can influence tax rates. Comparing Worth County's rate to other counties in Missouri or the national median provides insight into how property tax obligations can vary, affecting homeowners differently depending on their location.
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 Worth County Tax Rate
1.26%
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 Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Worth County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Denver | 1.03% | 1.16% | 1.27% | 1.30% | 1.31% |
| Grant City | 1.08% | 1.17% | 1.27% | 1.30% | 1.31% |
| Parnell | 1.10% | 1.19% | 1.38% | 1.46% | 1.58% |
| Sheridan | 1.03% | 1.11% | 1.23% | 1.27% | 1.29% |
| Worth | 1.13% | 1.22% | 1.30% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Worth County, Missouri
When examining property taxes in Worth County, 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 Worth 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.
Assessment notices:
In Worth 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 Worth County.
For example, the median tax bill in Worth County is $292, with tax bills ranging significantly across the county. Parnell has the highest median home price at $106,922.
Median Worth County Market Value
$27,782
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Worth County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Denver | $4,407 | $7,650 | $26,119 | $59,971 | $95,543 |
| Grant City | $5,900 | $13,800 | $30,000 | $64,349 | $118,296 |
| Parnell | $45,600 | $61,672 | $106,922 | $163,469 | $201,343 |
| Sheridan | $4,400 | $10,750 | $19,050 | $55,780 | $94,936 |
| Worth | $1,850 | $4,425 | $10,632 | $31,726 | $66,592 |
Source: Ownwell
Property Tax Bills Across Worth County, Missouri
Median Worth County Tax Bill
$356
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Worth County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Denver | $56 | $102 | $285 | $649 | $943 |
| Grant City | $70 | $174 | $378 | $784 | $1,339 |
| Parnell | $725 | $818 | $1,267 | $1,936 | $2,618 |
| Sheridan | $44 | $130 | $238 | $611 | $1,099 |
| Worth | $24 | $58 | $144 | $432 | $822 |
Source: Ownwell