Shannon County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 2,331.
The median annual property tax in Shannon County is $652, which is 46% lower than the Missouri state average and 66% below the national average. The effective tax rate is 0.43% on a median home value of $151,000. Property taxes represent 1.1% of the median household income in this county.
Median Annual Tax
$652
-46% vs State
-66% vs US
Median Home Value
$151,000
-7% vs State
-29% vs US
Effective Tax Rate
0.43%
-41% vs State
-55% vs US
With vs Without Mortgage
With Mortgage
$739
$62/mo
Without Mortgage
$595
$50/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 | $652 -0.3% | 0.43% |
| 2022 | $654 +10.5% | 0.46% |
| 2021 | $592 +15.9% | 0.47% |
| 2020 | $511 +19.4% | 0.43% |
| 2019 | $428 | 0.34% |
Tax Burden
Tax-to-Income Ratio
1.1%
of median household income
Median Income
$59,000
per year
Monthly Tax
$54
per month
Other Counties in Missouri
Montgomery County
Tax: $1,282/yr Rate: 0.75%
Jefferson County
Tax: $1,835/yr Rate: 0.84%
Callaway County
Tax: $1,549/yr Rate: 0.79%
Schuyler County
Tax: $1,030/yr Rate: 0.87%
Chariton County
Tax: $900/yr Rate: 0.76%
Pettis County
Tax: $1,259/yr Rate: 0.78%
Frequently Asked Questions
What is the average property tax in Shannon County, Missouri? ▼
The median annual property tax in Shannon County is $652 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.43% on a median home value of $151,000.
How does Shannon County property tax compare to the national average? ▼
Property taxes in Shannon County are 66% below the national average of $1,923. The effective rate of 0.43% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Shannon County? ▼
In Shannon County, homeowners with a mortgage pay a median of $739 in annual property taxes, while homeowners without a mortgage pay $595. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Shannon County? ▼
Property taxes in Shannon County represent approximately 1.1% of the median household income of $59,000. 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.