Springfield, MO — income, home value, property tax, and sales tax.
In ZIP code 65725, near Springfield, homes carry a median value of $204,600 while the county-level effective property tax rate sits at 0.55%, yielding an annual tax bill of roughly $1,125. With median household income at $77,406, that levy equals about 1.5% of yearly earnings. Per-capita income reaches $46,623. A combined sales tax rate of 5.97% applies to purchases. The gap between home prices and local paychecks leaves room for buyers earning near the median to absorb ownership costs without straining, since property taxes here claim a smaller share of income than in many parts of the country.
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