Property Tax for Missouri (2026)
Missouri (MO) Key Facts
Effective Property Tax Rate
0.97%
Tax Level
Moderate compared to national average
Assessed By
County assessor
Payment Frequency
Varies by county (annual or semi-annual)
How This Calculator Works in Missouri
This calculator estimates your annual Missouri property tax based on your home's value and the state's average effective rate of 0.97%. Enter your property value to see your estimated annual tax bill.
Missouri Overview
Missouri has an effective property tax rate of 0.97%, near the national average of ~1.11%. A defining feature of the state's system is that Hancock Amendment limits revenue growth. Reassessment every odd-numbered year, making it important for homeowners to understand local assessment practices and available exemptions.
How Missouri Compares
Missouri's property tax rate of 0.97% compares to Illinois at 2.27% and Kansas at 1.41%. The moderate rate reflects a balanced approach to property taxation.
| State | Top Rate | Notes |
|---|---|---|
| Illinois | 2.27% | Illinois has a property tax rate of 2.27%. |
| Kansas | 1.41% | Kansas has a property tax rate of 1.41%. |
| Arkansas | 0.62% | Arkansas has a property tax rate of 0.62%. |
Missouri's property tax rate of 0.97% compares to a national average of approximately 1.11%. This is below the national average.
Tips for Missouri Residents
- 1Missouri's effective property tax rate of 0.97% is near the national average of ~1.11%. Key feature: Hancock Amendment limits revenue growth.
- 2Reassessment every odd-numbered year. Always verify your assessed value matches your property's actual condition and features.
- 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — Missouri allows formal protests through the county or local assessor's office.
- 4Check whether you qualify for Missouri's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
- 5Missouri property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 0.97% rate, a $350,000 home owes roughly $3,395/year before exemptions.