Property Tax & Income in Boone County, Missouri
Boone County has an effective property tax rate of 0.85%. On the median home value of $272,800, that's roughly $2,328 per year. Median household income is $72,758.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Boone County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 0.85% | 0.70% |
| Median home value1 | $272,800 | — |
| State income tax3 | top rate 4.80% | top rate 4.80% |
| State sales tax3 | 8.44% combined | 8.44% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Boone County, MO
Property taxes in Boone County, Missouri, run higher than both the state and national averages. The county's effective rate of 0.853% exceeds Missouri's statewide median of 0.705%, and it also edges past the national median of 0.794%. Among the state's 115 counties, Boone County ranks 17th for property tax rate, placing it in the upper tier. That gap shows up in actual bills: with a median home value of $272,800, the median annual real-estate tax comes to $2,328. Households here earn a median of $72,758, while per-capita income sits at $40,954. Columbia, the county's largest city, anchors a population that includes Ashland and Hartsburg. Buyers moving into the area should expect to pay somewhat more than what a typical Missouri county would charge, though the difference is not extreme in dollar terms.