Montgomery County, Missouri Property Taxes
Median Montgomery County effective property tax rate: 1.11%, slightly higher than the national median of 1.02%.
Median Montgomery County home value: $47,300
Median annual Montgomery County tax bill: $560, $1,840 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Montgomery 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 Montgomery City or another part of Montgomery County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Montgomery County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.11%
Estimate Property Tax Bill
$525
$487
Property Tax Rates Across Montgomery County, Missouri
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Montgomery County's effective property tax rate to other counties in Missouri or the U.S. median property tax rate. Montgomery County has a median property tax rate of 1.11%, which is slightly above the national median of 1.02%. Within the county, Wellsville has the highest median tax rate at 1.31%, while Montgomery City has the lowest at 1.06%. This range highlights the differences in property tax rates even within the same county. For homeowners in Montgomery County, understanding these variations can be crucial for managing property tax obligations effectively.
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 Montgomery County Tax Rate
1.11%
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 Montgomery County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bellflower | 1.06% | 1.21% | 1.22% | 1.27% | 1.33% |
| Hermann | 1.06% | 1.17% | 1.20% | 1.31% | 1.34% |
| High Hill | 1.08% | 1.09% | 1.13% | 1.15% | 1.20% |
| Jonesburg | 1.08% | 1.13% | 1.17% | 1.19% | 1.22% |
| Middletown | 1.14% | 1.18% | 1.28% | 1.33% | 1.40% |
| Montgomery City | 1.05% | 1.05% | 1.06% | 1.06% | 1.10% |
| New Florence | 1.06% | 1.08% | 1.10% | 1.19% | 1.24% |
| Rhineland | 1.01% | 1.07% | 1.18% | 1.33% | 1.39% |
| Truxton | 1.05% | 1.06% | 1.06% | 1.10% | 1.11% |
| Wellsville | 1.15% | 1.31% | 1.31% | 1.34% | 1.37% |
| Buell | N/A | N/A | N/A | N/A | N/A |
| Danville | N/A | N/A | N/A | N/A | N/A |
| Martinsburg | N/A | N/A | N/A | N/A | N/A |
| Mckittrick | N/A | N/A | N/A | N/A | N/A |
| Mineola | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Montgomery County, Missouri
When examining property taxes in Montgomery 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 Montgomery 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 Montgomery County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Montgomery County.
For example, the median tax bill in Montgomery County is $473, with tax bills ranging significantly across the county. Truxton has the highest median home price at $89,100.
Property Tax Assessment Values Across Montgomery County, Missouri
Source: Ownwell
$17,450
$53,275
$89,100
Median Montgomery County Market Value
$47,300
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bellflower | $2,440 | $6,150 | $22,400 | $54,000 | $99,300 |
| Hermann | $2,500 | $17,450 | $58,200 | $124,550 | $292,630 |
| High Hill | $4,200 | $4,400 | $34,450 | $84,425 | $136,900 |
| Jonesburg | $6,400 | $18,550 | $56,400 | $118,250 | $158,480 |
| Middletown | $2,730 | $8,775 | $29,200 | $58,375 | $103,900 |
| Montgomery City | $7,900 | $36,600 | $72,500 | $116,200 | $168,500 |
| New Florence | $2,900 | $4,675 | $17,450 | $64,325 | $118,800 |
| Rhineland | $5,160 | $13,200 | $56,400 | $118,500 | $170,980 |
| Truxton | $2,200 | $55,650 | $89,100 | $129,050 | $188,900 |
| Wellsville | $3,600 | $13,700 | $38,300 | $65,100 | $99,980 |
| Buell | N/A | N/A | N/A | N/A | N/A |
| Danville | N/A | N/A | N/A | N/A | N/A |
| Martinsburg | N/A | N/A | N/A | N/A | N/A |
| Mckittrick | N/A | N/A | N/A | N/A | N/A |
| Mineola | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Montgomery County, Missouri
In Montgomery County, MO, property tax bills are determined by assessing the value of a home and applying the local tax rate to this assessed value. The median home price in the county is $47,300, which is significantly lower than the national median. Homeowners in Montgomery County can expect a median tax bill that varies widely depending on their property's valuation. For instance, at the 25th percentile, the tax bill is around $168, while at the 75th percentile, it rises to $1,062. This demonstrates a substantial range in property tax liabilities within the county.
Factors influencing the tax bill include the assessed value of the property, which is based on the market value and local assessment ratios. Homeowners in Truxton face the highest median tax bill at $1,001, whereas those in New Florence enjoy the lowest at $208. Compared to the national median property tax bill of $2,400, Montgomery County's tax bills are generally lower, offering some relief to homeowners in the region.
Median Montgomery County Tax Bill
$560
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bellflower | $32 | $74 | $291 | $689 | $1,090 |
| Hermann | $58 | $272 | $749 | $1,484 | $3,353 |
| High Hill | $47 | $63 | $398 | $915 | $1,403 |
| Jonesburg | $95 | $246 | $655 | $1,293 | $1,772 |
| Middletown | $36 | $114 | $369 | $756 | $1,176 |
| Montgomery City | $107 | $397 | $771 | $1,233 | $1,817 |
| New Florence | $32 | $57 | $208 | $739 | $1,344 |
| Rhineland | $72 | $198 | $756 | $1,530 | $2,105 |
| Truxton | $324 | $894 | $1,001 | $1,496 | $2,047 |
| Wellsville | $52 | $191 | $507 | $858 | $1,266 |
| Buell | N/A | N/A | N/A | N/A | N/A |
| Danville | N/A | N/A | N/A | N/A | N/A |
| Martinsburg | N/A | N/A | N/A | N/A | N/A |
| Mckittrick | N/A | N/A | N/A | N/A | N/A |
| Mineola | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell