Boone County, Missouri property tax
The median homeowner in Boone County, Missouri pays $2,232 a year in property tax on a home worth $254,100, an effective rate of 0.88%. The national effective rate is 0.98%.
What the rate means here
Boone County taxes property at 0.88%, within a rounding error of the national 0.98%. The median bill of $2,232 therefore tracks the median home value of $254,100 fairly directly, which is not true everywhere.
It ranks #14 of 108 Missouri counties by effective rate, against a statewide 0.88%, and #1,280 nationally. The state runs from 1.22% in St. Louis County down to 0.38% in Wright County.
The median home costs 3.63 times the median household income of $69,913, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. The county has 185,874 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Boone County | Missouri | United States | |
|---|---|---|---|
| Effective property tax | 0.88% | 0.88% | 0.98% |
| Median tax bill | $2,232 | $1,887 | $2,969 |
| Median home value | $254,100 | $215,600 | $303,400 |
| Median gross rent | $1,060 | $996 | $1,348 |
| Median household income | $69,913 | $68,920 | $78,538 |
| Home price to income | 3.63× | 3.13× | 3.86× |
| Rent as share of income | 18.19% | 17.34% | 20.6% |
| Owner-occupied | 58.12% | 67.94% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 185,874.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Jefferson County | 0.84% | $1,835 | $218,800 |
| Jasper County | 0.74% | $1,171 | $158,500 |
| Clay County | 1.10% | $2,817 | $256,400 |
| Cass County | 0.88% | $2,364 | $269,000 |
| Platte County | 1.06% | $3,365 | $317,600 |
Boone County property tax: common questions
What is the property tax rate in Boone County, Missouri?
The effective rate is 0.88% of home value, from a median tax bill of $2,232 against a median home value of $254,100. That is 0.1 points below the national 0.98%.
How much is property tax on a $400,000 home in Boone County?
Roughly $3,520 a year at the county effective rate of 0.88%.
Is Boone County expensive compared with the rest of Missouri?
It ranks #14 of 108 Missouri counties by effective property tax rate, and #1280 of 2,826 nationally. That is 0 points above the Missouri average of 0.88%.
What does housing cost in Boone County?
The median home is worth $254,100 and median gross rent is $1,060 a month. Median household income is $69,913, which puts the home at 3.63 times annual income and rent at 18.19% of it.