How Property Tax Works
Knox County, Missouri operates on a property tax system that funds essential local services including schools, county government operations, emergency services, and infrastructure maintenance. Property taxes are the primary revenue source for these vital community services. The county's property tax rate for the 2025-2026 fiscal year is set at $3.90 per $100 of assessed valuation, though your actual tax rate may vary depending on your specific location within the county due to additional special taxing districts such as school districts, fire protection districts, and municipal assessments.
Property taxes in Knox County are assessed annually based on a percentage of your property's market value, following Missouri's statewide assessment practices. The effective tax rate you pay depends on both the base county levy and any additional district assessments that apply to your specific property location. It's important to understand that tax rates can vary significantly within Knox County boundaries based on which school district, fire district, and other special taxing jurisdictions serve your property.