Missouri Property Tax Calculator
Estimate your annual property taxes in Missouri. Calculate assessed value and apply Missouri average millage rates.
Why calculating finance in Missouri is different
Missouri has a progressive income tax system.
State Income Tax
1.5% - 5.4%
Base Sales Tax
4.225%
State Min Wage
$12.30 / hr
Abbreviation
MO
Missouri Finance Interactive Tool
This calculator uses the latest 2026 data for Missouri, including the minimum wage of $12.30 and the specific state income tax rates (1.5% - 5.4%).
Frequently Asked Questions about Missouri Finance
How are property taxes assessed in Missouri?
Property taxes in Missouri are generally assessed at the local county or municipal level based on the fair market value of the property, multiplied by the local millage or tax rate.
Are there property tax exemptions in Missouri?
Yes, Missouri often provides homestead exemptions for primary residences, as well as specific exemptions for seniors, veterans, and individuals with disabilities, which can significantly lower your tax bill.