Cape Girardeau County, Missouri Property Taxes

What Are Effective Property Tax Rates Across Cape Girardeau County?

Local government entities set tax rates, which vary widely across Cape Girardeau County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.

Below, compare Cape Girardeau County's effective property tax rate to other counties in Missouri or the U.S. median of 1.02%.

Cape Girardeau County's median effective rate stands at 0.01%, which is lower than the national median of 1.02%. Within Cape Girardeau County, the highest rate is found in Cape Girardeau at 0.01%, while Cape Girardeau has the lowest at 0.01%.

These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.

How are property tax bills calculated in Cape Girardeau County?

Property tax bills in Cape Girardeau County are based on the assessed value of a home, not its market value, and the local tax rate applied to that assessment. The county’s median home price is $116,486, which helps show the value range used to estimate taxes. Homeowners at the 25th percentile pay about $7, while the 75th percentile pays $17 and the 90th percentile pays $25. These amounts reflect how differences in assessed value and local taxing rates can change what a homeowner owes.

What factors affect the final bill?

The biggest factors are the property’s assessed value, local tax rates, and any exemptions or adjustments that apply. Because property taxes are tied to assessment, even similar homes can receive different bills if their taxable values differ. For homeowners, this means the bill can vary widely and may rise if the assessed value increases.