Monroe County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 2,596.
The median annual property tax in Monroe County is $1,086, which is 9% lower than the Missouri state average and 44% below the national average. The effective tax rate is 0.74% on a median home value of $147,400. Property taxes represent 2.2% of the median household income in this county.
Median Annual Tax
$1,086
-9% vs State
-44% vs US
Median Home Value
$147,400
-9% vs State
-30% vs US
Effective Tax Rate
0.74%
+1% vs State
-22% vs US
With vs Without Mortgage
With Mortgage
$1,216
$101/mo
Without Mortgage
$995
$83/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 | $1,086 +10.0% | 0.74% |
| 2022 | $987 +6.7% | 0.72% |
| 2021 | $925 +3.0% | 0.75% |
| 2020 | $898 +2.0% | 0.75% |
| 2019 | $880 | 0.84% |
Tax Burden
Tax-to-Income Ratio
2.2%
of median household income
Median Income
$48,299
per year
Monthly Tax
$91
per month
Other Counties in Missouri
Stoddard County
Tax: $885/yr Rate: 0.65%
Jackson County
Tax: $2,448/yr Rate: 1.15%
Saline County
Tax: $1,138/yr Rate: 0.82%
Jefferson County
Tax: $1,835/yr Rate: 0.84%
Texas County
Tax: $652/yr Rate: 0.53%
Gentry County
Tax: $1,268/yr Rate: 1.03%
Frequently Asked Questions
What is the average property tax in Monroe County, Missouri? ▼
The median annual property tax in Monroe County is $1,086 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.74% on a median home value of $147,400.
How does Monroe County property tax compare to the national average? ▼
Property taxes in Monroe County are 44% below the national average of $1,923. The effective rate of 0.74% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Monroe County? ▼
In Monroe County, homeowners with a mortgage pay a median of $1,216 in annual property taxes, while homeowners without a mortgage pay $995. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Monroe County? ▼
Property taxes in Monroe County represent approximately 2.2% of the median household income of $48,299. 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.