Montgomery County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 3,363.
The median annual property tax in Montgomery County is $1,282, which is 7% higher than the Missouri state average and 33% below the national average. The effective tax rate is 0.75% on a median home value of $171,300. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$1,282
+7% vs State
-33% vs US
Median Home Value
$171,300
+5% vs State
-19% vs US
Effective Tax Rate
0.75%
+3% vs State
-21% vs US
With vs Without Mortgage
With Mortgage
$1,387
$116/mo
Without Mortgage
$1,194
$100/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 | $1,282 +1.4% | 0.75% |
| 2022 | $1,264 +1.8% | 0.78% |
| 2021 | $1,242 +8.1% | 0.84% |
| 2020 | $1,149 +7.9% | 0.95% |
| 2019 | $1,065 | 0.99% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$61,042
per year
Monthly Tax
$107
per month
Other Counties in Missouri
Lincoln County
Tax: $1,731/yr Rate: 0.77%
Daviess County
Tax: $1,057/yr Rate: 0.71%
New Madrid County
Tax: $746/yr Rate: 0.71%
Wright County
Tax: $584/yr Rate: 0.38%
Crawford County
Tax: $1,011/yr Rate: 0.61%
Christian County
Tax: $1,878/yr Rate: 0.75%
Frequently Asked Questions
What is the average property tax in Montgomery County, Missouri? ▼
The median annual property tax in Montgomery County is $1,282 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.75% on a median home value of $171,300.
How does Montgomery County property tax compare to the national average? ▼
Property taxes in Montgomery County are 33% below the national average of $1,923. The effective rate of 0.75% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montgomery County? ▼
In Montgomery County, homeowners with a mortgage pay a median of $1,387 in annual property taxes, while homeowners without a mortgage pay $1,194. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montgomery County? ▼
Property taxes in Montgomery County represent approximately 2.1% of the median household income of $61,042. 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.