Buy real estate at the Lake of the Ozarks – Low taxes
Every buyer at the Lake of the Ozarks knows after a quick glance at a listing sheet that Missouri has low real estate taxes. An average sale price for residential is about $235,000, and the taxes on a property such as this range from a low of $590 to around $900 in Camden County. Camden County is blessed a large retail and lodging tax base to draw on, and offers the best services of any county in the State per capital in my opinion.
Missouri ranks #32 in overall tax burden, the higher the number the better on this ranking, according to the tax foundation. Missouri is almost always ranked as the best state for lowest closing costs, another very real reason to purchase at the Lake of the Ozarks. Our gasoline tax is also one of the lowest in the country.
Instresting side note, Missouri takes in more federal funding than it send out in taxes. Not much if any of that goes to hard working real estate agents!
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