New Madrid County Property Taxes
New Madrid County, Missouri
Effective Tax Rate
0.00%
37.8% below state avgMedian Annual Tax
$0
$62/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.71%
At a Glance
Median Home Value
$105,500
State avg ▼ $162,432
Tax w/ Mortgage/yr
$905
$75/mo escrow
Tax w/o Mortgage/yr
$668
$56/mo
State Tax Rate Rank
#48
of 115 counties (1 = lowest)
Data Story
About Property Taxes in New Madrid County, Missouri
New Madrid taxes sit below national standard
New Madrid County's effective tax rate of 0.707% falls below the national median of approximately 0.82%, offering tax relief compared to most American counties. The median home value of $105,500 lags the national median of $281,900, contributing to a lower overall tax burden.
Below Missouri's statewide average
At 0.707%, New Madrid County's effective rate runs slightly below Missouri's average of 0.733%, making it a relatively affordable jurisdiction within the state. The median tax of $746 ranks among the lowest in Missouri, reflecting both a modest rate and lower home values.
Among the most affordable locally
New Madrid's 0.707% rate positions it among the region's tax bargains, outpacing Mercer, Mississippi, Moniteau, Monroe, and Montgomery, while trailing only Morgan and Miller. It represents one of the more wallet-friendly counties in rural Missouri.
Median tax just $746 per year
A median-value home in New Madrid County worth $105,500 generates approximately $746 annually in property taxes, or $905 with mortgage escrow included. At roughly $62 per month, this stands among the lowest tax burdens in the region.
Low rates don't guarantee fair assessments
Even with favorable tax rates, New Madrid homeowners should periodically check that their assessed values haven't drifted upward. A simple assessment review could confirm you're capturing the full benefit of the county's low-rate environment.
How New Madrid County Compares
Median Annual Property Tax
New Madrid County
0.71%
Effective rate
Missouri Avg
0.74%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in New Madrid County, Missouri?
How much are property taxes in New Madrid County?
How does New Madrid County compare to the Missouri average?
What is the median home value in New Madrid County, Missouri?
Is New Madrid County a low property tax area in Missouri?
How does New Madrid County rank for property taxes in Missouri?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in Missouri
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.