Property Tax & Income in Marion County, Missouri
Marion County has an effective property tax rate of 0.82%. On the median home value of $162,000, that's roughly $1,335 per year. Median household income is $62,903.
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 | Marion County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 0.82% | 0.70% |
| Median home value1 | $162,000 | — |
| 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 Marion County, MO
Property owners in Marion County, Missouri, face an effective tax rate of 0.824%, which sits above Missouri's statewide median of 0.705% and edges past the national median of 0.794%. That places the county 19th among Missouri's 115 counties for property tax rate, a ranking that signals heavier taxation than most of its in-state peers. The median home value here is $162,000, generating a median annual real-estate tax bill of $1,335. With median household income at $62,903 and per-capita income at $30,271, these taxes take a meaningful slice of local earnings. Hannibal, the county's largest city, anchors a region that includes Palmyra and Philadelphia. Buyers weighing a move to Marion County should expect property taxes that run above both state and national norms, a factor worth folding into any budget comparison.