Ray County, Missouri Property Taxes
Property Taxes in Ray County, Missouri
Median Ray County effective property tax rate: 1.35%, significantly higher than the national median of 1.02%.
Median Ray County home value: $107,860
Median annual Ray County tax bill: $1,480, lower than the national median property tax bill of $2,400.
How are property taxes in Ray County calculated?
Property taxes in Ray 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 are property taxes in Ray County important to understand?
Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Ray County or another part of Ray County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Ray County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.35%
Estimate Property Tax Bill
$1,456
$1,351
How Does the Ray County Property Tax Calculator Work?
Use this Ray County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ray County's median effective tax rate of 1.35% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment authority 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. Ray County's median effective tax rate is higher than Missouri's 1.25% median tax rate and above the national median property tax rate of 1.02%. The county's median property tax bill is $1,480, compared with 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 Ray County.
Property Tax Rates Across Ray County, Missouri
What Are Effective Property Tax Rates Across Ray County?
Local government entities set tax rates, which vary widely across Ray 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 Ray County's effective property tax rate to other counties in Missouri or the U.S. median of 1.02%.
Ray County's median effective rate stands at 1.35%, which is higher than the national median of 1.02%. Within Ray County, the highest rate is found in Orrick at 1.47%, while Braymer has the lowest at 1.01%.
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 Ray County Tax Rate
1.35%
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 Ray County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Braymer | 0.76% | 0.89% | 1.01% | 1.07% | 1.11% |
| Camden | 1.23% | 1.39% | 1.41% | 1.47% | 1.50% |
| Cowgill | 0.90% | 0.98% | 1.04% | 1.14% | 1.25% |
| Excelsior Springs | 1.32% | 1.35% | 1.35% | 1.42% | 1.59% |
| Hardin | 1.05% | 1.24% | 1.43% | 1.43% | 1.43% |
| Henrietta | 1.43% | 1.43% | 1.43% | 1.44% | 1.45% |
| Lawson | 1.32% | 1.38% | 1.47% | 1.77% | 1.77% |
| Norborne | 0.95% | 1.05% | 1.18% | 1.26% | 1.28% |
| Orrick | 1.30% | 1.44% | 1.47% | 1.62% | 1.62% |
| Polo | 1.00% | 1.11% | 1.20% | 1.27% | 1.35% |
| Rayville | 1.10% | 1.18% | 1.24% | 1.34% | 1.36% |
| Richmond | 1.12% | 1.17% | 1.35% | 1.35% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Ray County, Missouri
When examining property taxes in Ray 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 Ray 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 Ray 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 Ray County.
For example, the median tax bill in Ray County is $1,480, with tax bills ranging significantly across the county. Lawson has the highest median tax bill at $1,908, while Henrietta has the lowest median tax bill at $513. Polo has the highest median home price at $129,660.
Median Ray County Market Value
$107,860
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ray County, Missouri
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Braymer | $35,035 | $60,275 | $114,425 | $175,898 | $237,286 |
| Camden | $11,210 | $26,250 | $59,760 | $142,850 | $199,650 |
| Cowgill | $40,925 | $71,095 | $98,140 | $173,185 | $201,930 |
| Excelsior Springs | $48,246 | $87,710 | $124,720 | $168,050 | $225,700 |
| Hardin | $19,830 | $35,800 | $60,550 | $106,800 | $158,810 |
| Henrietta | $10,930 | $21,210 | $36,360 | $52,815 | $91,331 |
| Lawson | $43,512 | $87,295 | $120,880 | $171,415 | $242,114 |
| Norborne | $39,256 | $64,400 | $111,100 | $168,530 | $228,802 |
| Orrick | $30,000 | $50,715 | $89,500 | $131,075 | $184,980 |
| Polo | $38,902 | $85,695 | $129,660 | $187,050 | $239,542 |
| Rayville | $29,108 | $73,932 | $121,400 | $168,098 | $216,138 |
| Richmond | $35,678 | $60,640 | $100,490 | $150,930 | $221,274 |
Source: Ownwell
Property Tax Bills Across Ray County, Missouri
Property tax bills in Ray County are based on the assessed value of a home and the local tax rates applied to that value. When a property’s market value changes, the assessed value can change too, which affects the final bill. Local taxing authorities use that assessed value to calculate what each homeowner owes, so two homes with different values may receive very different tax bills.
With a median home price of $107,860, many homeowners in Ray County see bills that vary widely depending on location and property characteristics. The 25th percentile tax bill is $858, while the 75th percentile is $2,134 and the 90th percentile reaches $2,985. That range shows how much property taxes can differ from one home to another.
Homeowners in Lawson have the highest median tax bill at $1,908, while Henrietta has the lowest at $513. These differences can affect monthly budgeting, escrow payments, and overall housing costs.
Median Ray County Tax Bill
$1,480
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Ray County, Missouri
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Braymer | $385 | $546 | $1,093 | $1,574 | $2,402 |
| Camden | $156 | $348 | $778 | $1,882 | $2,876 |
| Cowgill | $406 | $773 | $1,008 | $1,810 | $2,131 |
| Excelsior Springs | $673 | $1,244 | $1,762 | $2,324 | $3,090 |
| Hardin | $284 | $506 | $821 | $1,343 | $1,947 |
| Henrietta | $154 | $302 | $513 | $761 | $1,269 |
| Lawson | $662 | $1,364 | $1,908 | $2,598 | $3,608 |
| Norborne | $452 | $784 | $1,325 | $1,916 | $2,365 |
| Orrick | $443 | $784 | $1,350 | $1,929 | $2,689 |
| Polo | $422 | $1,008 | $1,484 | $2,372 | $3,000 |
| Rayville | $343 | $850 | $1,517 | $2,130 | $2,804 |
| Richmond | $464 | $786 | $1,300 | $1,909 | $2,751 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 14 |
Links | |
|---|---|
| Ray Tax Assessor | |
| Website | ray.missouriassessors.com |