Property Tax & Income in Ripley County, Missouri
Ripley County has an effective property tax rate of 0.46%. On the median home value of $119,600, that's roughly $550 per year. Median household income is $42,037.
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 | Ripley County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 0.46% | 0.70% |
| Median home value1 | $119,600 | — |
| 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 Ripley County, MO
Homes in Ripley County, Missouri, carry a median value of $119,600, and the median annual property tax bill comes to $550 — an effective rate of 0.460%. That rate sits well below Missouri's statewide median of 0.705%, and the county ranks 107th out of 115 counties in the state on this measure, placing it among the lowest-taxed places in Missouri. Nationally, the median effective rate is 0.794%, so Ripley County also undercuts that benchmark by a wide margin. Households here earn a median of $42,037, with per-capita income at $22,674, and buyers looking near Fairdealing or Oxly will find that both purchase prices and yearly tax bills stay low compared with most of the country. Someone weighing a move here can expect housing costs that demand a smaller share of income than in many other counties.