Henry County, Missouri Property Taxes
Median Henry County effective property tax rate: 0.95%, significantly lower than the national median of 1.02%.
Median Henry County home value: $36,250
Median annual Henry County tax bill: $369, ($2,031) lower than the national median property tax bill of $2,400.
How are property taxes in Henry County calculated?
Property taxes in Henry County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Clinton or another part of Henry County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Henry County, Missouri Property Tax Bill Calculator
$100,000
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Median Effective Tax Rate
0.95%
Estimate Property Tax Bill
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Property Tax Rates Across Henry County, Missouri
Local government entities in Missouri set tax rates, which can vary widely across the state. Why? Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Henry County, the effective property tax rate is slightly below the national median of 1.02%. This positions Henry County as a more affordable option compared to the national average. When compared to other counties in Missouri, Henry County's rate is lower than Montrose, which has the highest median tax rate at 1.26%, yet higher than Calhoun, where the rate is 0.86%. This range highlights the variability in property tax rates within Missouri itself. Understanding these differences can help property owners make informed decisions about where to invest or settle, potentially saving on annual tax bills.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Henry County Tax Rate
0.95%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Henry County, Missouri
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blairstown | 0.79% | 0.87% | 0.91% | 1.43% | 1.43% |
Calhoun | 0.71% | 0.79% | 0.86% | 1.04% | 1.04% |
Chilhowee | 0.75% | 0.84% | 0.92% | 0.93% | 0.93% |
Clinton | 0.75% | 0.75% | 0.90% | 0.95% | 0.95% |
Creighton | 1.03% | 1.11% | 1.19% | 1.22% | 1.23% |
Deepwater | 0.88% | 0.90% | 0.95% | 0.96% | 1.08% |
Montrose | 0.85% | 0.96% | 1.26% | 1.27% | 1.27% |
Urich | 0.97% | 1.08% | 1.19% | 1.28% | 1.29% |
Windsor | 0.79% | 0.86% | 1.02% | 1.02% | 1.03% |
Leeton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Henry County, Missouri
When examining property taxes in Henry County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Henry County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Henry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Henry County. For example, the median tax bill in Henry County is $716, with tax bills ranging significantly across the county. Creighton has the highest median home price at $59,550.
Median Henry County Market Value
$36,250
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Henry County, Missouri
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blairstown | $6,070 | $16,150 | $39,810 | $88,300 | $159,980 |
Calhoun | $5,720 | $10,150 | $27,000 | $62,150 | $85,290 |
Chilhowee | $20,510 | $34,675 | $46,300 | $60,450 | $111,410 |
Clinton | $10,000 | $19,700 | $44,500 | $125,800 | $194,000 |
Creighton | $20,050 | $36,725 | $59,550 | $114,300 | $164,380 |
Deepwater | $9,580 | $18,800 | $32,000 | $53,400 | $87,520 |
Montrose | $4,820 | $8,800 | $23,000 | $42,200 | $76,140 |
Urich | $5,300 | $11,400 | $29,600 | $71,800 | $132,900 |
Windsor | $6,820 | $12,800 | $27,000 | $66,450 | $109,860 |
Leeton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Henry County, Missouri
Property tax bills in Henry County, MO, are calculated based on the assessed value of a property, which is a percentage of its market value. The median home price in the county is $36,250, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as property location and changes in market conditions can influence the assessed value. For example, Creighton's highest median tax bill is $716, while Calhoun's lowest is $248, reflecting variations in property values and tax rates within the county.
Homeowners in Henry County may experience different impacts based on these assessments. Those in areas with higher market values or tax rates could face higher tax bills, whereas those in lower-value areas might benefit from reduced tax burdens. The tax bill at the 25th percentile is $170, while at the 75th percentile, it rises to $760, and at the 90th percentile, it reaches $1,587. Compared to the national median property tax bill of $2,400, Henry County's tax bills are generally lower, providing some financial relief to homeowners.
Median Henry County Tax Bill
$369
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Henry County, Missouri
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Blairstown | $82 | $168 | $477 | $864 | $1,703 |
Calhoun | $48 | $101 | $248 | $499 | $750 |
Chilhowee | $191 | $294 | $430 | $533 | $861 |
Clinton | $107 | $237 | $507 | $1,285 | $1,990 |
Creighton | $239 | $431 | $716 | $1,385 | $2,052 |
Deepwater | $94 | $178 | $317 | $509 | $805 |
Montrose | $61 | $108 | $274 | $452 | $671 |
Urich | $70 | $125 | $458 | $867 | $1,645 |
Windsor | $76 | $126 | $253 | $580 | $1,107 |
Leeton | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell