Free property tax calculator tailored for Missouri (MO). Calculate instantly with state-specific rates and rules.
Missouri has an effective property tax rate of 0.93%, producing an average annual bill of $1,531. The US national average is 1.07% — Missouri's rate is near the national average, placing it at rank #24 out of 50 states (rank 1 = lowest).
Missouri assesses residential real property at 19% of fair market value. Assessments are updated every 2 years in odd-numbered years. Agricultural land is assessed at productive value rather than market value.
Missouri's Property Tax Credit (Circuit Breaker) provides refunds of up to $1,100 for qualifying seniors age 65+ and disabled individuals based on rent or property taxes paid relative to income.
No statewide cap on annual assessment increases. St. Louis County suburbs have seen significant appreciation with corresponding tax increases.
Kansas City and St. Louis metro areas carry the state's highest dollar tax bills. Rural Missouri counties have very low absolute dollar burdens, even if effective rates are similar.
The median home value in Missouri is $225,000. Kansas City has been one of the Midwest's most dynamic housing markets since 2020, with 25-35% appreciation. St. Louis metro has been steadier. Ozark lake communities have seen vacation-home demand surge. At the 0.93% effective rate, a homeowner at the median value pays roughly $1,531/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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