Property Tax & Income in Platte County, Missouri
Platte County has an effective property tax rate of 1.05%. On the median home value of $345,100, that's roughly $3,613 per year. Median household income is $96,227.
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 | Platte County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 1.05% | 0.70% |
| Median home value1 | $345,100 | — |
| 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 Platte County, MO
Buying in Platte County, Missouri means weighing a higher-than-average tax rate against home values that sit well above much of the state. The county's effective property tax rate of 1.047% outpaces Missouri's 0.705% median and ranks sixth among the state's 115 counties. On a median home value of $345,100, that rate produces an annual real-estate tax bill of about $3,613. Whether that feels affordable depends heavily on income: the median household earns $96,227, and per-capita income reaches $50,574. Those earnings help absorb the tax load, though buyers should note the county also exceeds the national median effective rate of 0.794%. Communities like Kansas City, Camden Point, and Farley fall within the county, and prices vary across them. Compared with cheaper Missouri counties, Platte demands more upfront and each year, but stronger local incomes offset some of that pressure.