Property Tax & Income in Grundy County, Missouri
Grundy County has an effective property tax rate of 1.00%. On the median home value of $112,500, that's roughly $1,125 per year. Median household income is $51,975.
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 | Grundy County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 1.00% | 0.70% |
| Median home value1 | $112,500 | — |
| 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 Grundy County, MO
Grundy County’s effective property tax rate of 1.000% sits well above Missouri’s statewide median of 0.705%, placing it ninth among the state’s 115 counties. That gap matters: on a median home value of $112,500, the annual real-estate tax bill comes to about $1,125. The county also edges past the national median rate of 0.794%, so homeowners here face a heavier property tax load than is common across most of the country. With a median household income of $51,975 and per-capita income of $31,335, that $1,125 bill takes a meaningful bite out of local budgets. Communities such as Galt, Laredo, and Spickard share this tax environment. For anyone weighing a move to the area or already paying these bills, the county’s ranking signals that property taxes run higher here than in much of Missouri.