StateRates

Phelps County, Missouri property tax

The median homeowner in Phelps County, Missouri pays $1,248 a year in property tax on a home worth $194,900, an effective rate of 0.64%. The national effective rate is 0.98%.

Effective rate 0.64% #73 of 108 in Missouri
Median tax bill $1,248 per year
Median home value $194,900 owner-occupied
Median income $55,427 household

What the rate means here

At 0.64%, Phelps County taxes property more lightly than the national 0.98%. With a median home at $194,900, that produces a bill of $1,248. Somebody still funds the schools, so it is worth knowing what a low-tax county collects instead.

It ranks #73 of 108 Missouri counties by effective rate, against a statewide 0.88%, and #1,945 nationally. The state runs from 1.22% in St. Louis County down to 0.38% in Wright County.

The median home costs 3.52 times the median household income of $55,427, 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. With 44,948 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $1,600 per year at 0.64%
$400,000 home $2,560 per year at 0.64%
$600,000 home $3,840 per year at 0.64%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Phelps County, Missouri against Missouri and the country
Phelps County Missouri United States
Effective property tax 0.64% 0.88% 0.98%
Median tax bill $1,248 $1,887 $2,969
Median home value $194,900 $215,600 $303,400
Median gross rent $801 $996 $1,348
Median household income $55,427 $68,920 $78,538
Home price to income 3.52× 3.13× 3.86×
Rent as share of income 17.34% 17.34% 20.6%
Owner-occupied 61.91% 67.94% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 44,948.

Nearby counties of similar size

Other Missouri counties
County Rate Median bill Home value
Callaway County 0.79% $1,549 $196,200
Camden County 0.50% $1,354 $270,700
Pettis County 0.78% $1,259 $161,500
Butler County 0.67% $934 $138,800
Howell County 0.55% $892 $161,000

Phelps County property tax: common questions

What is the property tax rate in Phelps County, Missouri?

The effective rate is 0.64% of home value, from a median tax bill of $1,248 against a median home value of $194,900. That is 0.34 points below the national 0.98%.

How much is property tax on a $400,000 home in Phelps County?

Roughly $2,560 a year at the county effective rate of 0.64%.

Is Phelps County expensive compared with the rest of Missouri?

It ranks #73 of 108 Missouri counties by effective property tax rate, and #1945 of 2,826 nationally. That is 0.24 points below the Missouri average of 0.88%.

What does housing cost in Phelps County?

The median home is worth $194,900 and median gross rent is $801 a month. Median household income is $55,427, which puts the home at 3.52 times annual income and rent at 17.34% of it.