Ray County, Missouri Property Taxes
Census Bureau ACS property tax data for Missouri. Population: 7,007.
The median annual property tax in Ray County is $1,533, which is 28% higher than the Missouri state average and 20% below the national average. The effective tax rate is 0.82% on a median home value of $187,400. Property taxes represent 2.1% of the median household income in this county.
Median Annual Tax
$1,533
+28% vs State
-20% vs US
Median Home Value
$187,400
+15% vs State
-11% vs US
Effective Tax Rate
0.82%
+12% vs State
-14% vs US
With vs Without Mortgage
With Mortgage
$1,668
$139/mo
Without Mortgage
$1,327
$111/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 | $1,533 +1.4% | 0.82% |
| 2022 | $1,512 +7.7% | 0.89% |
| 2021 | $1,404 +7.3% | 0.93% |
| 2020 | $1,308 +1.2% | 0.94% |
| 2019 | $1,292 | 0.97% |
Tax Burden
Tax-to-Income Ratio
2.1%
of median household income
Median Income
$72,152
per year
Monthly Tax
$128
per month
Other Counties in Missouri
Mississippi County
Tax: $880/yr Rate: 0.88%
Greene County
Tax: $1,469/yr Rate: 0.72%
Holt County
Tax: $945/yr Rate: 0.77%
Benton County
Tax: $918/yr Rate: 0.56%
Moniteau County
Tax: $1,205/yr Rate: 0.72%
Oregon County
Tax: $599/yr Rate: 0.51%
Frequently Asked Questions
What is the average property tax in Ray County, Missouri? ▼
The median annual property tax in Ray County is $1,533 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.82% on a median home value of $187,400.
How does Ray County property tax compare to the national average? ▼
Property taxes in Ray County are 20% below the national average of $1,923. The effective rate of 0.82% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Ray County? ▼
In Ray County, homeowners with a mortgage pay a median of $1,668 in annual property taxes, while homeowners without a mortgage pay $1,327. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Ray County? ▼
Property taxes in Ray County represent approximately 2.1% of the median household income of $72,152. 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.