Property Tax in Mercer County
via TaxByCounty
Mercer's tax rate outpaces the nation
Mercer County's effective tax rate of 0.950% significantly exceeds the national median effective rate of approximately 0.82%, placing the county in the higher tier nationally. While the median home here is worth just $95,300—far below the national median of $281,900—homeowners pay a steeper percentage of that value in property taxes each year.
Among Missouri's higher-taxed counties
At 0.950%, Mercer County's effective rate runs 30% higher than Missouri's statewide average of 0.733%, making it one of the state's pricier tax environments. The county's median tax bill of $905 sits well below the state median of $1,199, a reflection of lower home values rather than a tax break.
Mercer stands out in rural Missouri
Mercer's 0.950% rate towers over neighboring counties like Miller (0.627%), Morgan (0.610%), and Monroe (0.737%), making it a notably steeper tax jurisdiction in north-central Missouri. Even compared to Mississippi County at 0.877%, Mercer homeowners pay a higher effective rate on their property.
A median home costs $905 yearly
If you own a median-value home in Mercer County worth $95,300, expect to pay approximately $905 in annual property taxes—or $1,015 if your mortgage includes an escrow account. That translates to roughly $76 per month in property tax payments.
Check if you're overassessed
With Mercer's above-average tax rate, it's worth investigating whether your home's assessed value is accurate. Many homeowners discover they can appeal their assessment and lower their tax burden—a process that costs little but could save you hundreds annually.