Hickory County, Missouri Property Taxes

Name: Property Tax Bills Across Hickory County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hickory County effective property tax rate: 0.74%, significantly lower than the national median of 1.02%.
Median Hickory County home value: $25,410
Median annual Hickory County tax bill: $177, $2,223 lower than the national median property tax bill of $2,400.

How are property taxes in Hickory County calculated?

Property taxes in Hickory County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in a city within Hickory County or another part of the county, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hickory County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.74%

Estimate Property Tax Bill

$188

$174

Ownwell’s Hickory County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hickory County with just two data points. By entering your property's estimated assessed value, our calculator applies Hickory County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Hickory County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hickory County, Missouri

Local government entities set tax rates, which can vary widely within a state. The process involves each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Hickory County, Missouri, the effective property tax rate is below the national median of 1.02%. Hickory County's rate offers a more affordable option compared to the national average. Within the county, the highest median tax rate is found in Urbana, while Cross Timbers boasts the lowest. This variation highlights the importance of understanding local tax dynamics when considering property investments.

By comparing Hickory County's effective property tax rate to other counties in Missouri or the U.S. median property tax rate, potential property owners can gauge the relative affordability and make informed decisions.

Property Tax Rates Across Hickory County, Missouri

Source: Ownwell

0.68%

0.73%

0.78%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hickory County Tax Rate

0.74%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hickory County, Missouri

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Cross Timbers	0.43%	0.59%	0.68%	0.76%	0.83%
Flemington	0.55%	0.67%	0.73%	0.75%	0.76%
Hermitage	0.58%	0.70%	0.73%	0.74%	0.75%
Pittsburg	0.68%	0.73%	0.74%	0.75%	0.76%
Preston	0.57%	0.67%	0.75%	0.79%	0.81%
Quincy	0.61%	0.64%	0.71%	0.80%	0.94%
Urbana	0.57%	0.72%	0.78%	0.81%	0.83%
Weaubleau	0.59%	0.68%	0.78%	0.81%	0.82%
Wheatland	0.64%	0.71%	0.74%	0.76%	0.76%
Edwards	N/A	N/A	N/A	N/A	N/A
Humansville	N/A	N/A	N/A	N/A	N/A
Polk	N/A	N/A	N/A	N/A	N/A
Warsaw	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hickory County, Missouri

When examining property taxes in Hickory County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Hickory County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: In Hickory County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hickory County.

For example, the median tax bill in Hickory County is $158, with tax bills ranging significantly across the county. Quincy has the highest median home price at $65,975.

Property Tax Assessment Values Across Hickory County, Missouri

Source: Ownwell

$22,200

$44,088

$65,975

Median Hickory County Market Value

$25,410

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hickory County, Missouri

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Cross Timbers	$14,280	$21,060	$27,890	$55,560	$113,540
Flemington	$11,197	$18,158	$35,735	$54,908	$116,224
Hermitage	$10,360	$16,720	$27,270	$41,768	$65,080
Pittsburg	$10,550	$14,838	$23,085	$34,090	$47,347
Preston	$11,530	$17,690	$37,220	$86,180	$169,762
Quincy	$17,465	$31,145	$65,975	$91,522	$130,410
Urbana	$13,474	$18,700	$27,580	$43,700	$64,022
Weaubleau	$9,564	$19,030	$25,990	$40,260	$73,390
Wheatland	$9,651	$14,025	$22,200	$34,368	$45,970
Edwards	N/A	N/A	N/A	N/A	N/A
Humansville	N/A	N/A	N/A	N/A	N/A
Polk	N/A	N/A	N/A	N/A	N/A
Warsaw	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hickory County, Missouri

In Hickory County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Homeowners in Hickory County experience a range of property tax bills, reflecting differences in property values and local tax rates. The median home price in the county is $25,410, which influences the overall tax bill. For the 25th percentile, homeowners see a tax bill of around $111, while those at the 75th percentile pay about $280. In contrast, the 90th percentile tax bill reaches $474. Notably, Quincy has the highest median tax bill at $511, whereas Wheatland boasts the lowest at $158. These figures are significantly lower than the national median property tax bill of $2,400 and the national median property tax rate of 1.02%, providing a more affordable property tax environment for residents compared to other regions.

Property Tax Bills Across Hickory County, Missouri

Source: Ownwell

$158

$335

$511

Median Hickory County Tax Bill

$177

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Hickory County, Missouri

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Cross Timbers	$59	$122	$187	$371	$686
Flemington	$67	$119	$240	$360	$615
Hermitage	$74	$111	$184	$278	$394
Pittsburg	$78	$106	$167	$243	$336
Preston	$93	$126	$228	$704	$1,193
Quincy	$123	$217	$511	$591	$889
Urbana	$90	$130	$210	$329	$466
Weaubleau	$77	$144	$192	$325	$493
Wheatland	$68	$102	$158	$242	$331
Edwards	N/A	N/A	N/A	N/A	N/A
Humansville	N/A	N/A	N/A	N/A	N/A
Polk	N/A	N/A	N/A	N/A	N/A
Warsaw	N/A	N/A	N/A	N/A	N/A

Source: Ownwell