Property Tax & Income in Newton County, Missouri
Newton County has an effective property tax rate of 0.63%. On the median home value of $190,700, that's roughly $1,207 per year. Median household income is $66,301.
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 | Newton County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 0.63% | 0.70% |
| Median home value1 | $190,700 | — |
| 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 Newton County, MO
In Newton County, Missouri, the median home value sits at $190,700, and the annual property tax bill on that home comes to about $1,207. That works out to an effective rate of 0.633%, which lands below Missouri's statewide median of 0.705% and well under the national figure of 0.794%. Among the state's 115 counties, Newton County ranks 77th by property tax rate. Households here earn a median of $66,301, while per-capita income is $33,219. Buyers weighing a move to Granby, Racine, Stark City, or elsewhere in the county will find that both purchase prices and tax bills sit on the lower side compared with many other places, which can ease the ongoing cost of owning a home.