Lafayette County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 9,510.
The median annual property tax in Lafayette County is $1,534, which is 28% higher than the Missouri state average and 20% below the national average. The effective tax rate is 0.77% on a median home value of $200,300. Property taxes represent 1.9% of the median household income in this county.
Median Annual Tax
$1,534
+28% vs State
-20% vs US
Median Home Value
$200,300
+23% vs State
-5% vs US
Effective Tax Rate
0.77%
+5% vs State
-19% vs US
With vs Without Mortgage
With Mortgage
$1,589
$132/mo
Without Mortgage
$1,454
$121/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 | $1,534 +4.8% | 0.77% |
| 2022 | $1,464 +5.6% | 0.78% |
| 2021 | $1,386 +1.3% | 0.87% |
| 2020 | $1,368 +3.2% | 0.89% |
| 2019 | $1,325 | 0.92% |
Tax Burden
Tax-to-Income Ratio
1.9%
of median household income
Median Income
$79,091
per year
Monthly Tax
$128
per month
Other Counties in Missouri
Crawford County
Tax: $1,011/yr Rate: 0.61%
Vernon County
Tax: $970/yr Rate: 0.71%
Douglas County
Tax: $673/yr Rate: 0.41%
Oregon County
Tax: $599/yr Rate: 0.51%
Franklin County
Tax: $1,774/yr Rate: 0.83%
Dunklin County
Tax: $651/yr Rate: 0.69%
Frequently Asked Questions
What is the average property tax in Lafayette County, Missouri? ▼
The median annual property tax in Lafayette County is $1,534 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.77% on a median home value of $200,300.
How does Lafayette County property tax compare to the national average? ▼
Property taxes in Lafayette County are 20% below the national average of $1,923. The effective rate of 0.77% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Lafayette County? ▼
In Lafayette County, homeowners with a mortgage pay a median of $1,589 in annual property taxes, while homeowners without a mortgage pay $1,454. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Lafayette County? ▼
Property taxes in Lafayette County represent approximately 1.9% of the median household income of $79,091. 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.