10 Counties with the Lowest Property Tax Rates in Missouri
If you are comparing property taxes across Missouri, these 10 counties have the lowest effective rates in the state. The lowest-rate county, Wright County, comes in at 0.38% — 0.49% lower than the Missouri average (0.88%). The statewide effective rate is 0.88%.
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| # | County | Effective Rate | Median Tax | Median Home Value |
|---|---|---|---|---|
| 1 | Wright County | 0.38% | $584 | $152,300 |
| 2 | Douglas County | 0.41% | $673 | $164,400 |
| 3 | Shannon County | 0.43% | $652 | $151,000 |
| 4 | Carter County | 0.44% | $654 | $147,600 |
| 5 | Reynolds County | 0.46% | $553 | $119,900 |
| 6 | Ozark County | 0.47% | $728 | $156,400 |
| 7 | Hickory County | 0.47% | $581 | $123,200 |
| 8 | Dallas County | 0.48% | $726 | $151,200 |
| 9 | Stone County | 0.49% | $1,167 | $236,500 |
| 10 | Wayne County | 0.50% | $565 | $113,100 |
How this ranking is calculated
The effective property tax rate is the median annual property tax paid divided by the median home value in each county, expressed as a percentage. It is the most practical way to compare property tax burden between counties because it neutralizes differences in home values.
Counties with the lowest rates in Missouri often share a few characteristics: higher home values that compress the percentage even when dollar taxes are high.
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