Cole County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 20,710.
The median annual property tax in Cole County is $1,728, which is 44% higher than the Missouri state average and 10% below the national average. The effective tax rate is 0.81% on a median home value of $214,400. Property taxes represent 2.4% of the median household income in this county.
Median Annual Tax
$1,728
+44% vs State
-10% vs US
Median Home Value
$214,400
+32% vs State
+1% vs US
Effective Tax Rate
0.81%
+11% vs State
-15% vs US
With vs Without Mortgage
With Mortgage
$1,713
$143/mo
Without Mortgage
$1,746
$146/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,728 +0.6% | 0.81% |
| 2022 | $1,718 +8.3% | 0.86% |
| 2021 | $1,586 +7.8% | 0.91% |
| 2020 | $1,471 +4.0% | 0.87% |
| 2019 | $1,415 | 0.87% |
Tax Burden
Tax-to-Income Ratio
2.4%
of median household income
Median Income
$73,273
per year
Monthly Tax
$144
per month
Other Counties in Missouri
Buchanan County
Tax: $1,253/yr Rate: 0.80%
Bollinger County
Tax: $874/yr Rate: 0.61%
Monroe County
Tax: $1,086/yr Rate: 0.74%
Jasper County
Tax: $1,171/yr Rate: 0.74%
Howard County
Tax: $1,262/yr Rate: 0.87%
Warren County
Tax: $1,780/yr Rate: 0.74%
Frequently Asked Questions
What is the average property tax in Cole County, Missouri? ▼
The median annual property tax in Cole County is $1,728 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.81% on a median home value of $214,400.
How does Cole County property tax compare to the national average? ▼
Property taxes in Cole County are 10% below the national average of $1,923. The effective rate of 0.81% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Cole County? ▼
In Cole County, homeowners with a mortgage pay a median of $1,713 in annual property taxes, while homeowners without a mortgage pay $1,746. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Cole County? ▼
Property taxes in Cole County represent approximately 2.4% of the median household income of $73,273. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.