Monroe County, Missouri Property Taxes
Property Taxes in Monroe County, Missouri
Median Monroe County effective property tax rate: 1.07%, significantly higher than the national median of 1.02%.
Median Monroe County home value: $50,200
Median annual Monroe County tax bill: $522, lower than the national median property tax bill of $2,400.
How are property taxes in Monroe County calculated?
Property taxes in Monroe 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.
Why do Monroe County property taxes matter? Because the county’s median tax rate is 1.07%, and understanding how your assessed value is set can help you spot savings opportunities. How do Monroe County taxes compare with Missouri? The county’s median tax rate is lower than the state median tax rate of 1.25%, while the median annual tax bill is $1,878 lower than the state median. Whether you live in Monroe County or elsewhere in the region, knowing local exemptions and reduction opportunities can help homeowners and investors reduce their property tax burden.
Last Updated April 13, 2026
Monroe County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$537
$498
How Does the Monroe County Property Tax Calculator Work?
Use this Monroe County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Monroe County's median effective tax rate of 1.07% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Monroe County’s median tax rate is higher than the state median tax rate of 1.25%, while the county median tax bill of $522 is lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Monroe County.
Property Tax Rates Across Monroe County, Missouri
What Are Effective Property Tax Rates Across Monroe County?
Local government entities set tax rates, which vary widely across Monroe 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 Monroe County's effective property tax rate to other counties in Missouri or the U.S. median of 1.02%.
Monroe County's median effective rate stands at 1.07%, which is higher than the national median of 1.02%. Within Monroe County, the highest rate is found in Monroe City at 1.26%, while Perry has the lowest at 0.89%.
These variations reflect differences in local school district levies, special assessment districts assessments, and special district bonds — which compound the base county rate.
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 Monroe County Tax Rate
1.07%
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
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Monroe County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clarence | 0.87% | 0.93% | 1.00% | 1.05% | 1.08% |
| Clark | 1.01% | 1.08% | 1.16% | 1.20% | 1.29% |
| Holliday | 0.75% | 0.87% | 1.03% | 1.15% | 1.16% |
| Hunnewell | 0.88% | 0.97% | 1.08% | 1.17% | 1.20% |
| Jacksonville | 0.80% | 0.91% | 0.97% | 1.01% | 1.03% |
| Madison | 0.80% | 0.94% | 1.04% | 1.22% | 1.24% |
| Mexico | 0.78% | 0.82% | 0.91% | 1.01% | 1.04% |
| Moberly | 1.01% | 1.10% | 1.18% | 1.22% | 1.35% |
| Monroe City | 0.88% | 1.05% | 1.26% | 1.39% | 1.39% |
| Paris | 0.82% | 0.96% | 1.06% | 1.21% | 1.21% |
| Perry | 0.69% | 0.75% | 0.89% | 0.98% | 1.02% |
| Santa Fe | 0.85% | 1.00% | 1.02% | 1.04% | 1.04% |
| Shelbina | 0.84% | 0.91% | 1.03% | 1.15% | 1.19% |
| Stoutsville | 0.92% | 1.05% | 1.14% | 1.21% | 1.22% |
| Centralia | N/A | N/A | N/A | N/A | N/A |
| Lentner | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Monroe County, Missouri
When examining property taxes in Monroe 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 Monroe County assessor 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 are sent in the spring each year and 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.
The median tax bill in Monroe County is $522, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, with Clark reaching a median tax bill of $1,731 and Monroe City at $354. Clark also has the highest median home price at $142,900.
Median Monroe County Market Value
$50,200
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Monroe County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clarence | $1,830 | $7,875 | $78,050 | $119,300 | $185,870 |
| Clark | $50,040 | $95,800 | $142,900 | $167,700 | $216,920 |
| Holliday | $2,500 | $12,100 | $76,650 | $143,025 | $252,780 |
| Hunnewell | $19,960 | $34,500 | $61,500 | $112,500 | $178,880 |
| Jacksonville | $47,850 | $61,350 | $81,800 | $119,325 | $123,600 |
| Madison | $2,690 | $15,675 | $59,400 | $112,350 | $182,390 |
| Mexico | $27,460 | $47,300 | $78,600 | $118,700 | $166,920 |
| Moberly | $19,760 | $32,200 | $47,050 | $103,225 | $230,760 |
| Monroe City | $3,600 | $7,600 | $29,050 | $92,025 | $176,500 |
| Paris | $2,780 | $11,300 | $49,700 | $109,400 | $199,980 |
| Perry | $41,720 | $73,000 | $111,000 | $155,825 | $264,560 |
| Santa Fe | $1,960 | $2,500 | $7,700 | $55,650 | $95,400 |
| Shelbina | $19,700 | $59,325 | $102,350 | $171,125 | $247,850 |
| Stoutsville | $5,100 | $10,600 | $40,800 | $93,300 | $157,200 |
| Centralia | N/A | N/A | N/A | N/A | N/A |
| Lentner | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Monroe County, Missouri
Property tax bills in Monroe County are based on the assessed value of a home, not its market price. Local taxing authorities apply their tax rates to that assessed value to determine the annual bill, so two homes with similar market values can still owe different amounts if their assessments or tax rates differ. Factors such as location, property characteristics, and local budgets all play a role in the final calculation.
The county’s median home price is $50,200, and property tax bills can vary widely across homeowners. The 25th percentile tax bill is $131, while the 75th percentile reaches $1,129 and the 90th percentile climbs to $1,897. That range shows how much taxes can affect household costs, especially when compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
Median Monroe County Tax Bill
$522
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Monroe County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Clarence | $17 | $78 | $748 | $1,248 | $1,865 |
| Clark | $507 | $1,141 | $1,731 | $2,129 | $2,572 |
| Holliday | $29 | $137 | $728 | $1,354 | $2,569 |
| Hunnewell | $195 | $338 | $710 | $1,364 | $1,829 |
| Jacksonville | $440 | $556 | $826 | $1,171 | $1,245 |
| Madison | $31 | $160 | $580 | $1,196 | $1,897 |
| Mexico | $227 | $422 | $679 | $1,100 | $1,548 |
| Moberly | $229 | $410 | $515 | $1,060 | $2,546 |
| Monroe City | $51 | $102 | $354 | $975 | $1,867 |
| Paris | $32 | $121 | $528 | $1,096 | $1,872 |
| Perry | $358 | $590 | $906 | $1,428 | $2,515 |
| Santa Fe | $19 | $26 | $79 | $500 | $876 |
| Shelbina | $190 | $558 | $1,066 | $1,714 | $2,284 |
| Stoutsville | $62 | $131 | $472 | $971 | $1,764 |
| Centralia | N/A | N/A | N/A | N/A | N/A |
| Lentner | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 10 |
Links | |
|---|---|
| Monroe Tax Assessor | |
| Website | monroecountycollector.com |