Shannon County Property Taxes
Shannon County, Missouri
Effective Tax Rate
0.00%
45.6% below state avgMedian Annual Tax
$0
$54/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.43%
At a Glance
Median Home Value
$151,000
State avg ▼ $162,432
Tax w/ Mortgage/yr
$739
$62/mo escrow
Tax w/o Mortgage/yr
$595
$50/mo
State Tax Rate Rank
#3
of 115 counties (1 = lowest)
Data Story
About Property Taxes in Shannon County, Missouri
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.
How Shannon County Compares
Median Annual Property Tax
Shannon County
0.43%
Effective rate
Missouri Avg
0.74%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Shannon County, Missouri?
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How does Shannon County compare to the Missouri average?
What is the median home value in Shannon County, Missouri?
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How does Shannon 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.