2026 effective rate · 0.88% · below the US average (0.99%)
Missouri Property Tax Calculator
Estimate annual and monthly property tax in Missouri. The state's effective property tax rate is 0.88% (close to the national average, vs the US average of about 0.99%). On a $207,400 median-value home, that works out to about $1,808 per year or $152 per month.
Missouri median home property tax
$1,825 per year
$152 per month at the median home value of $207,400
Effective rate 0.88% times $207,400 = $1,825
Missouri property tax at common home values
| Home value | Annual property tax | Monthly | % of value |
|---|---|---|---|
| $150,000 | $1,320 | $110 | 0.88% |
| $207,400 (median) | $1,825 | $152 | 0.88% |
| $250,000 | $2,200 | $183 | 0.88% |
| $350,000 | $3,080 | $257 | 0.88% |
| $500,000 | $4,400 | $367 | 0.88% |
| $750,000 | $6,600 | $550 | 0.88% |
Uses Missouri's 2026 effective rate (0.88%). Actual taxes vary by county and exemptions. For full PITI mortgage estimate including taxes + insurance, use the Missouri mortgage calculator.
Missouri property tax overview
Missouri property tax rates are slightly below average. Senior/disabled credit (Circuit Breaker) provides up to $750 for renters or $1,100 for homeowners.
Missouri's effective rate of 0.88% ranks close to the national average nationally. Median annual property tax: $1,808. Median home value: $207,400.
Missouri vs neighboring states
FAQs about Missouri property tax
What is the property tax rate in Missouri?
Missouri's effective property tax rate is 0.88% (close to the national average, vs national average of ~0.99%). On a $207,400 median-value home, that's about $1,808 per year, or roughly $152 per month added to your housing cost.
How is property tax calculated in Missouri?
Property tax = assessed value times the local mill rate (millage). The effective rate (0.88%) is what you actually pay as a percentage of market value, accounting for assessment ratios, exemptions, and millage. For a home valued at X, multiply X by 0.88% for an annual estimate.
When are property taxes due in Missouri?
Property tax due dates vary by county within Missouri. Most counties bill annually with either a single payment or two installments. Common payment deadlines fall in late summer (1st half) and late winter (2nd half). Check with your county tax assessor for exact dates and any escrow arrangements through your mortgage lender.
Does Missouri have a homestead exemption?
Missouri offers various property tax relief programs. Missouri property tax rates are slightly below average. Senior/disabled credit (Circuit Breaker) provides up to $750 for renters or $1,100 for homeowners. Check with your county assessor for primary-residence exemptions and senior or disabled programs that may reduce your annual property tax bill.
How does Missouri property tax compare to neighboring states?
Missouri's 0.88% rate compares to: Iowa (1.40%), Illinois (1.97%), Kentucky (0.80%). Property tax burden can vary significantly between neighboring states — moving 30 miles across a state line can change your annual tax bill by thousands.
Can I appeal my property tax assessment in Missouri?
Yes. Every US state including Missouri provides a formal property tax appeal process. Steps: (1) request your property's assessment record from the county assessor, (2) gather comparable sales from your neighborhood, (3) file a formal appeal within the deadline (usually 30-60 days after assessment notice). Successful appeals typically save 5-15% on annual tax bills.
How can I lower my Missouri property taxes?
Common strategies: apply for homestead exemption (primary residence), senior or disabled exemptions if eligible, veteran's exemptions, and appeal over-assessment. Track your county's assessment notices carefully and verify the appraisal matches recent comparable home sales. Avoid major visible upgrades right before reassessment dates.