StateRates

Platte County, Missouri property tax

The median homeowner in Platte County, Missouri pays $3,365 a year in property tax on a home worth $317,600, an effective rate of 1.06%. The national effective rate is 0.98%.

Effective rate 1.06% #6 of 108 in Missouri
Median tax bill $3,365 per year
Median home value $317,600 owner-occupied
Median income $95,748 household

What the rate means here

Platte County taxes property at 1.06%, within a rounding error of the national 0.98%. With the rate close to typical, the $3,365 bill is driven by what housing is worth here rather than by how hard it is taxed.

It ranks #6 of 108 Missouri counties by effective rate, against a statewide 0.88%, and #924 nationally. The state runs from 1.22% in St. Louis County down to 0.38% in Wright County.

The median home costs 3.32 times the median household income of $95,748, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. The county has 108,751 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

$250,000 home $2,650 per year at 1.06%
$400,000 home $4,240 per year at 1.06%
$600,000 home $6,360 per year at 1.06%

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

Housing and income

Platte County, Missouri against Missouri and the country
Platte County Missouri United States
Effective property tax 1.06% 0.88% 0.98%
Median tax bill $3,365 $1,887 $2,969
Median home value $317,600 $215,600 $303,400
Median gross rent $1,247 $996 $1,348
Median household income $95,748 $68,920 $78,538
Home price to income 3.32× 3.13× 3.86×
Rent as share of income 15.63% 17.34% 20.6%
Owner-occupied 67.02% 67.94% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 108,751.

Nearby counties of similar size

Other Missouri counties
County Rate Median bill Home value
Cass County 0.88% $2,364 $269,000
Franklin County 0.83% $1,774 $214,900
Jasper County 0.74% $1,171 $158,500
Christian County 0.75% $1,878 $249,700
Buchanan County 0.80% $1,253 $156,600

Platte County property tax: common questions

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

The effective rate is 1.06% of home value, from a median tax bill of $3,365 against a median home value of $317,600. That is 0.08 points above the national 0.98%.

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

Roughly $4,240 a year at the county effective rate of 1.06%.

Is Platte County expensive compared with the rest of Missouri?

It ranks #6 of 108 Missouri counties by effective property tax rate, and #924 of 2,826 nationally. That is 0.18 points above the Missouri average of 0.88%.

What does housing cost in Platte County?

The median home is worth $317,600 and median gross rent is $1,247 a month. Median household income is $95,748, which puts the home at 3.32 times annual income and rent at 15.63% of it.