Property Tax & Income in Wayne County, Missouri
Wayne County has an effective property tax rate of 0.52%. On the median home value of $107,400, that's roughly $563 per year. Median household income is $47,226.
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 | Wayne County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 0.52% | 0.70% |
| Median home value1 | $107,400 | — |
| 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 Wayne County, MO
Wayne County’s effective property tax rate of 0.524% sits well beneath Missouri’s statewide median of 0.705% and the national median of 0.794%. Among the state’s 115 counties, it ranks 99th, placing it among the lower-taxed jurisdictions in Missouri. That gap shows up in actual bills: with a median home value of $107,400, the median annual real-estate tax comes to $563. Households here earn a median of $47,226, while per-capita income is $24,204. Greenville, along with Mc Gee and Clubb, are the principal communities in the county. A rate this far below both state and national averages signals that property taxes take a smaller share of home value than in most of the country, though lower incomes mean the bill still carries weight.