Missouri Property Tax Calculator 2026

Calculate property taxes in Missouri. The average effective property tax rate in MO is 0.85%, which is below the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$2,975.00

Monthly Equivalent

$247.92

Effective Rate

0.850%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$2,975.00
Monthly Equivalent$247.92

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Missouri Property Tax Guide

Property tax in Missouri is a local affair. The state sets the framework, but county assessors value your home, local taxing districts (schools, fire, library, ambulance) set their levies, and the county collector bills and gathers the money each year. The statewide average effective property tax rate is about 0.85% of a home's value, modestly below the roughly 0.9% national average, though the rate on any given parcel depends entirely on the overlapping districts where it sits.

Missouri assesses residential property at 19% of its market value, so a home's assessed value is far smaller than what it would sell for. The local levy, quoted per $100 of assessed value, is then applied to that figure to produce the bill. To estimate yours, take the market value, multiply by 19% to get assessed value, then apply your district's combined levy. Bills arrive in late fall and are due by December 31. Missouri offers a Property Tax Credit (the "circuit breaker") that refunds part of the tax for qualifying seniors and disabled residents with limited income.

Missouri Property Tax Details (2026)

Avg. Effective Property Tax Rate 0.85%
National Average 0.89%
vs. National Average 0.04 points below
Estate Tax None
State Sales Tax 4.23%
State Income Tax progressive (up to 4.7%)

Missouri Property Tax FAQ

What is the average property tax rate in Missouri?
Missouri's average effective property tax rate is roughly 0.85% of a home's market value, a little below the national average of about 0.9%. The effective rate blends together the levies of every local district covering a property, so actual rates vary by county and city. Because rates are local, two similar homes in different counties can carry quite different bills.
How is property tax calculated in Missouri?
Missouri assesses residential property at 19% of market value, so a $250,000 home has an assessed value of $47,500. The county and local districts apply their combined levy, expressed per $100 of assessed value, to that assessed amount to produce the bill. To estimate yours, multiply market value by 19%, then by your district's total levy rate.
Who assesses and collects property tax in Missouri?
County assessors determine each property's value, local taxing districts such as school, fire, and library boards set their own levies, and the county collector sends the bill and receives payment. The state does not bill property tax directly. Real estate is reassessed on a regular cycle (odd-numbered years), and you can appeal an assessment you believe is too high to your county board of equalization.
Does Missouri offer any property tax relief?
Yes. The Missouri Property Tax Credit, often called the circuit breaker, refunds a portion of property tax (or rent) for qualifying seniors age 65 and older and certain disabled residents whose income falls under the state limit. It is claimed through the Department of Revenue, separately from any homestead provisions. Some counties have also adopted a senior real estate tax freeze that caps increases for eligible older homeowners.

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