Howard County, Missouri Property Taxes

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

Median Howard County effective property tax rate: 1.31%, significantly higher than the national median of 1.02%.
Median Howard County home value: $68,234
Median annual Howard County tax bill: $882, $1,518 lower than the national median property tax bill of $2,400.

How are property taxes in Howard County calculated?

Property taxes in Howard 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 Fayette or another part of Howard County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Howard County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$894

$829

Ownwell’s Howard County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Howard County with just two data points. By entering your property's estimated assessed value, our calculator applies Howard 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 Howard County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Howard County, Missouri

Local government entities set tax rates, which can vary widely within Missouri. This variation occurs because each county annually estimates its required budget to provide services and divides 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, this is the annual process in a nutshell.

Below, you can compare Howard County's effective property tax rate to other counties in Missouri or the U.S. median property tax rate. Howard County has a median property tax rate of 1.31%, which is higher than the national median of 1.02%. Within Howard County, the city of New Franklin has the highest median tax rate at 1.49%, while Higbee has the lowest at 1.21%. These rates indicate a range of tax burdens within the county, which can significantly impact homeowners. Understanding these differences can help property owners make informed decisions about property investments and potential tax appeals.

Property Tax Rates Across Howard County, Missouri

Source: Ownwell

1.21%

1.35%

1.49%

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 Howard County Tax Rate

1.31%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Howard County, Missouri

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Armstrong	0.99%	1.11%	1.30%	1.49%	1.49%
Clark	1.09%	1.20%	1.29%	1.32%	1.38%
Fayette	1.10%	1.26%	1.31%	1.31%	1.32%
Franklin	1.10%	1.24%	1.31%	1.37%	1.56%
Glasgow	1.07%	1.25%	1.46%	1.47%	1.47%
Harrisburg	1.11%	1.23%	1.35%	1.42%	1.43%
Higbee	0.98%	1.08%	1.21%	1.31%	1.37%
New Franklin	1.26%	1.37%	1.49%	1.49%	1.49%
Rocheport	1.07%	1.20%	1.32%	1.38%	1.43%
Salisbury	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Howard County, Missouri

When examining property taxes in Howard 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 Howard 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 Howard County are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Howard County.

For example, the median tax bill in Howard County is $1,456, with tax bills ranging significantly across the county. Harrisburg has the highest median home price at $103,930.

Property Tax Assessment Values Across Howard County, Missouri

Source: Ownwell

$40,980

$72,455

$103,930

Median Howard County Market Value

$68,234

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Howard County, Missouri

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Armstrong	$8,462	$17,993	$40,980	$99,480	$155,505
Clark	$25,183	$60,706	$95,648	$131,010	$154,012
Fayette	$22,203	$41,839	$72,003	$118,739	$196,918
Franklin	$8,650	$20,470	$49,195	$117,520	$188,905
Glasgow	$21,682	$32,702	$57,565	$98,734	$162,793
Harrisburg	$24,114	$49,625	$103,930	$175,665	$215,122
Higbee	$17,714	$28,035	$73,242	$123,621	$177,194
New Franklin	$25,643	$40,002	$67,440	$108,260	$180,644
Rocheport	$48,804	$71,258	$101,118	$158,956	$204,105
Salisbury	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Howard County, Missouri

In Howard County, MO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value, resulting in the annual tax bill. Various factors influence the tax bill, including the property's location, size, and any applicable exemptions. For instance, homeowners in Harrisburg face the highest median tax bill in the county at $1,456, while those in Armstrong benefit from the lowest at $476. The median home price in the county is $68,234, which can give a rough idea of the assessed value for tax calculations. Homeowners in Howard County experience a range of tax bills, with the 25th percentile paying around $481 and the 90th percentile facing a bill of approximately $2,402. Compared to the national median property tax bill of $2,400, Howard County's tax bills can be relatively moderate, offering some relief to homeowners in this region.

Property Tax Bills Across Howard County, Missouri

Source: Ownwell

$476

$966

$1,456

Median Howard County Tax Bill

$882

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Howard County, Missouri

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Armstrong	$121	$256	$476	$1,093	$1,863
Clark	$307	$760	$1,239	$1,598	$2,071
Fayette	$291	$541	$920	$1,518	$2,486
Franklin	$132	$284	$645	$1,418	$2,489
Glasgow	$296	$450	$788	$1,280	$2,082
Harrisburg	$341	$638	$1,456	$2,338	$2,952
Higbee	$190	$324	$828	$1,433	$2,250
New Franklin	$369	$592	$966	$1,501	$2,415
Rocheport	$619	$921	$1,371	$2,067	$2,663
Salisbury	N/A	N/A	N/A	N/A	N/A

Source: Ownwell