Property Tax in Shannon County
via TaxByCounty
Shannon County offers lowest regional taxes
Shannon County's effective tax rate of 0.432% ranks among the lowest in the nation, nearly 41% below Missouri's state average of 0.733%. The median property tax of $652 is less than one-quarter the national median of $2,690, placing Shannon in the bottom 5% nationally.
Shannon ranks as Missouri's second-lowest
Shannon County's effective rate of 0.432% is the second-lowest in this analysis (only Reynolds at 0.461% is lower), roughly 41% below Missouri's state average of 0.733%. The median tax bill of $652 is just over half the state median of $1,199, offering substantial relief to residents.
Shannon leads region in tax savings
Shannon County's 0.432% rate is the lowest in this eight-county comparison, beating Reynolds (0.461%) and Ripley (0.501%) and massively undercutting the higher-tax counties. This positions Shannon as the region's most tax-efficient jurisdiction.
Median annual bill: $652
On Shannon County's median home value of $151,000, homeowners pay roughly $652 annually in property taxes. Those with mortgages typically see $739 in escrow, while outright owners pay $595.
Verify accuracy despite low rates
Even in Missouri's most tax-efficient county, it's worth confirming your assessment is correct. A property assessment review ensures you're paying only what's owed.