How does Missouri assess residential property?

Missouri assesses residential real property at 19% of its market (true) value. So a home worth $250,000 has an assessed value of about $47,500. Commercial property is assessed at 32% and agricultural land at 12%, but homes use the 19% ratio.

What is a tax levy in Missouri?

A levy is the tax rate expressed in dollars per $100 of assessed value, set by each taxing district such as the county, school district, and library or fire districts. Your total levy is the sum of all districts that apply to your parcel, and it is multiplied by your assessed value to get the bill.

What is the average Missouri property tax rate?

The effective property tax rate in Missouri averages roughly 0.9% to 1.0% of market value, though it varies widely by county and school district. Urban districts with strong school funding can run higher, while rural counties often run lower. Always use your local combined levy for accuracy.

Does Missouri offer a property tax credit?

Yes. Missouri's Property Tax Credit (the 'circuit breaker') refunds part of property taxes paid by qualifying senior citizens and disabled residents within income limits. You can enter an estimated credit amount in the tool to see your net bill after the rebate.

Why is this an estimate and not my exact bill?

Your exact bill depends on your county's assessed value, the precise combined levy of every overlapping district, and any special assessments or abatements. This tool uses the statewide 19% residential ratio and your entered levy to produce a close estimate, not an official statement.

Missouri Property Tax Estimator

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The Missouri Property Tax Estimator projects your annual real estate tax. Missouri assesses residential property at 19% of market value, then applies a levy measured in dollars per $100 of that assessed value. The levy is the combined rate of every taxing district — county, school, and special districts — that covers your parcel.

How it works

The estimate uses Missouri’s assessment ratio and your local levy:

assessed value = market value x 0.19
gross tax      = (assessed value / 100) x total levy
net tax        = gross tax - any credit or abatement
effective rate = net tax / market value

Because the assessment ratio is fixed statewide at 19% for homes, the levy is what makes your bill differ from a neighbor’s in another district. A levy of $6.00 per $100 of assessed value equals 6% of assessed value, or about 1.14% of market value.

Example and notes

A $250,000 home with a combined levy of $6.00 per $100 assessed:

assessed value: 250,000 x 0.19 = $47,500
gross tax: (47,500 / 100) x 6.00 = $2,850
effective rate: 2,850 / 250,000 = ~1.14%
monthly: ~$238

The 19% ratio applies to homes; commercial (32%) and agricultural (12%) differ.
Find your exact combined levy on your county collector’s tax statement.
Seniors and disabled residents may qualify for the Property Tax Credit.
Estimate only — runs entirely in your browser.