Mercer County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 1,019.
The median annual property tax in Mercer County is $905, which is 25% lower than the Missouri state average and 53% below the national average. The effective tax rate is 0.95% on a median home value of $95,300. Property taxes represent 1.5% of the median household income in this county.
Median Annual Tax
$905
-25% vs State
-53% vs US
Median Home Value
$95,300
-41% vs State
-55% vs US
Effective Tax Rate
0.95%
+30% vs State
+0% vs US
With vs Without Mortgage
With Mortgage
$1,015
$85/mo
Without Mortgage
$782
$65/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 | $905 -2.9% | 0.95% |
| 2022 | $932 +5.9% | 0.89% |
| 2021 | $880 +1.4% | 1.06% |
| 2020 | $868 -10.2% | 1.02% |
| 2019 | $967 | 1.09% |
Tax Burden
Tax-to-Income Ratio
1.5%
of median household income
Median Income
$60,357
per year
Monthly Tax
$75
per month
Other Counties in Missouri
Bates County
Tax: $962/yr Rate: 0.62%
Henry County
Tax: $1,230/yr Rate: 0.80%
Boone County
Tax: $2,232/yr Rate: 0.88%
Cole County
Tax: $1,728/yr Rate: 0.81%
Wayne County
Tax: $565/yr Rate: 0.50%
Randolph County
Tax: $1,204/yr Rate: 0.85%
Frequently Asked Questions
What is the average property tax in Mercer County, Missouri? ▼
The median annual property tax in Mercer County is $905 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.95% on a median home value of $95,300.
How does Mercer County property tax compare to the national average? ▼
Property taxes in Mercer County are 53% below the national average of $1,923. The effective rate of 0.95% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Mercer County? ▼
In Mercer County, homeowners with a mortgage pay a median of $1,015 in annual property taxes, while homeowners without a mortgage pay $782. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Mercer County? ▼
Property taxes in Mercer County represent approximately 1.5% of the median household income of $60,357. 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.