Ralls County, Missouri Property Taxes
Property Taxes in Ralls County, Missouri
Median Ralls County effective property tax rate: 1.01%, significantly lower than the national median of 1.02%.
Median Ralls County home value: $95,175
Median annual Ralls County tax bill: $952, $1,448 lower than the national median property tax bill of $2,400.
How are property taxes in Ralls County calculated?
Property taxes in Ralls 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 should homeowners review their assessed value in Ralls County? Because a lower assessed value can help reduce the property tax bill, especially when exemptions apply.
How does Ralls County compare with Missouri property taxes? Ralls County’s effective property tax rate is lower than the Missouri median tax rate of 1.25%, and the median tax bill is also lower than the state’s median.
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Ralls County or another part of Ralls County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ralls County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$961
$892
How Does the Ralls County Property Tax Calculator Work?
Use this Ralls County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ralls County's median effective tax rate of 1.01% 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.
Ralls County's median effective tax rate is lower than Missouri's 1.25% median rate and below the national median property tax rate of 1.02%. The county's median property tax bill of $952 is also $1,448 lower than Missouri's median bill and below the national median property tax bill of $2,400.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Ralls County.
Property Tax Rates Across Ralls County, Missouri
What Are Effective Property Tax Rates Across Ralls County?
Local government entities set tax rates, which vary widely across Ralls 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 Ralls County's effective property tax rate to other counties in Missouri or the U.S. median of 1.02%.
Ralls County's median effective rate stands at 1.01%, which is lower than the national median of 1.02%. Within Ralls County, the highest rate is found in MONROE CITY at 1.15%, while LADDONIA has the lowest at 0.91%.
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 Ralls County Tax Rate
1.01%
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 Ralls County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center | 0.80% | 0.89% | 0.92% | 1.11% | 1.11% |
| Frankford | 0.78% | 0.85% | 0.92% | 0.97% | 0.98% |
| Hannibal | 1.08% | 1.13% | 1.13% | 1.13% | 1.24% |
| Laddonia | 0.65% | 0.86% | 0.91% | 0.92% | 0.94% |
| Monroe City | 1.07% | 1.15% | 1.15% | 1.15% | 1.15% |
| New London | 0.90% | 0.92% | 1.01% | 1.13% | 1.13% |
| Perry | 0.85% | 0.92% | 0.92% | 0.92% | 0.92% |
| Saverton | 1.13% | 1.13% | 1.13% | 1.13% | 1.13% |
| Vandalia | 0.80% | 0.86% | 0.93% | 1.09% | 1.10% |
| Palmyra | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Ralls County, Missouri
When examining property taxes in Ralls 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 Ralls 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:
In Ralls County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of June.
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 Ralls County.
For example, the median tax bill in Ralls County is $952, with tax bills ranging significantly across the county. Vandalia has the highest median home price at $130,800.
Median Ralls County Market Value
$95,175
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ralls County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center | $22,098 | $38,110 | $69,870 | $126,120 | $199,240 |
| Frankford | $51,630 | $76,365 | $108,505 | $191,508 | $259,826 |
| Hannibal | $38,766 | $66,562 | $121,395 | $172,515 | $235,843 |
| Laddonia | $56,520 | $65,075 | $93,630 | $212,070 | $255,552 |
| Monroe City | $53,328 | $61,800 | $86,220 | $132,600 | $197,450 |
| New London | $38,910 | $62,065 | $101,070 | $158,045 | $222,830 |
| Perry | $31,372 | $47,602 | $78,660 | $127,708 | $198,440 |
| Saverton | $30,064 | $38,970 | $59,360 | $104,120 | $120,692 |
| Vandalia | $53,986 | $81,180 | $130,800 | $172,195 | $250,148 |
| Palmyra | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Ralls County, Missouri
Property tax bills in Ralls County are based on the assessed value of a home and the local tax rates set by taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Local levies for schools, county services, and other public needs are then applied to that assessed value to determine what a homeowner owes.
With a median home price of $95,175, property taxes in the county can still vary widely from one home to another. The median tax bill is $1,367.00 in Hannibal and $661.00 in Center, showing how location within the county can influence taxes. Bills also range from $580 at the 25th percentile to $1,548 at the 75th percentile, with the 90th percentile reaching $2,222. For homeowners, that means even similar homes may face very different tax burdens depending on assessed value and local rates.
Median Ralls County Tax Bill
$952
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Ralls County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Center | $235 | $384 | $661 | $1,128 | $1,729 |
| Frankford | $483 | $705 | $1,036 | $1,652 | $2,233 |
| Hannibal | $441 | $755 | $1,367 | $1,935 | $2,604 |
| Laddonia | $517 | $615 | $814 | $1,634 | $1,928 |
| Monroe City | $599 | $708 | $969 | $1,513 | $2,224 |
| New London | $387 | $618 | $982 | $1,614 | $2,215 |
| Perry | $287 | $428 | $716 | $1,164 | $1,668 |
| Saverton | $340 | $442 | $672 | $1,179 | $1,366 |
| Vandalia | $508 | $802 | $1,162 | $1,677 | $2,553 |
| Palmyra | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Ralls Tax Assessor | |
| Website | ralls.missouriassessors.com |