New Madrid County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 4,324.
The median annual property tax in New Madrid County is $746, which is 38% lower than the Missouri state average and 61% below the national average. The effective tax rate is 0.71% on a median home value of $105,500. Property taxes represent 1.5% of the median household income in this county.
Median Annual Tax
$746
-38% vs State
-61% vs US
Median Home Value
$105,500
-35% vs State
-50% vs US
Effective Tax Rate
0.71%
-3% vs State
-25% vs US
With vs Without Mortgage
With Mortgage
$905
$75/mo
Without Mortgage
$668
$56/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 | $746 +9.1% | 0.71% |
| 2022 | $684 +9.8% | 0.73% |
| 2021 | $623 +6.7% | 0.73% |
| 2020 | $584 +0.3% | 0.76% |
| 2019 | $582 | 0.78% |
Tax Burden
Tax-to-Income Ratio
1.5%
of median household income
Median Income
$49,237
per year
Monthly Tax
$62
per month
Other Counties in Missouri
Pike County
Tax: $994/yr Rate: 0.77%
Jackson County
Tax: $2,448/yr Rate: 1.15%
Bollinger County
Tax: $874/yr Rate: 0.61%
Phelps County
Tax: $1,248/yr Rate: 0.64%
Webster County
Tax: $1,181/yr Rate: 0.54%
Dunklin County
Tax: $651/yr Rate: 0.69%
Frequently Asked Questions
What is the average property tax in New Madrid County, Missouri? ▼
The median annual property tax in New Madrid County is $746 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.71% on a median home value of $105,500.
How does New Madrid County property tax compare to the national average? ▼
Property taxes in New Madrid County are 61% below the national average of $1,923. The effective rate of 0.71% compares to 0.95% nationally.
Does having a mortgage affect property taxes in New Madrid County? ▼
In New Madrid County, homeowners with a mortgage pay a median of $905 in annual property taxes, while homeowners without a mortgage pay $668. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in New Madrid County? ▼
Property taxes in New Madrid County represent approximately 1.5% of the median household income of $49,237. 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.