Property Tax & Income in Wright County, Missouri
Wright County has an effective property tax rate of 0.40%. On the median home value of $160,100, that's roughly $640 per year. Median household income is $47,909.
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 | Wright County | Missouri (state context) |
|---|---|---|
| Effective property tax rate1 | 0.40% | 0.70% |
| Median home value1 | $160,100 | — |
| 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 Wright County, MO
Buying a home in Wright County, Missouri, comes with an effective property tax rate of just 0.400%, well under the statewide median of 0.705% and the national median of 0.794%. That gap matters for your budget: with a median home value of $160,100, the median annual real-estate tax bill lands at only $640. Home prices here sit low enough that the tax owed stays a minor yearly cost rather than a major one. The county ranks 113th out of Missouri's 115 counties for property tax rate, so few places in the state levy less. Around Hartville, the county's principal town, a median household income of $47,909 and per-capita income of $25,681 stretch further against these housing costs. If you are weighing where to buy, the combination of inexpensive homes and one of the state's lowest tax rates keeps ongoing ownership expenses down.