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Updated 2025 Tax Year

Shannon County
Property Tax Guide

Everything you need to know about property taxes in Shannon County, MO. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
0.50% to 1.50% of assessed value (varies by taxing districts)
Exemptions
5+ Available
Section 1

How Property Tax Works

Shannon County, Missouri operates under the state's property tax system, which funds essential local services including schools, county government operations, emergency services, and special districts. Property taxes in Shannon County are based on assessed valuations determined by the County Assessor, with the state requiring assessment at 19% of true value in money for residential property and 32% for commercial property.

The effective tax rate in Shannon County varies significantly by location within the county due to different combinations of special taxing districts. Based on 2024 data, rates can range from approximately 0.50% to over 1.50% of assessed value, depending on which school district, fire district, ambulance district, and other special taxing authorities serve your specific property. The Missouri state average is around 1.0% of assessed value, making Shannon County's rates generally competitive with state norms.

Property owners should note that their actual tax bill depends not only on the county's base levy but also on overlapping jurisdictions such as the school district, ambulance districts (with rates like 0.1354% in 2024), library districts, and other special assessments that may apply to their specific location within Shannon County.

Section 2

What Makes Up Your Tax Bill

ComponentRate RangeDescription
County General0.2500-0.4000Basic county operations and services
School Districts3.5000-4.5000Local school district operations and debt service
Ambulance District0.1354Emergency medical services (2024 rate)
Library District0.1000-0.3000Public library services (where applicable)
Fire Protection0.3000-0.6000Fire protection and emergency response
Road District0.2000-0.4000Road maintenance and improvements
Total Effective Rate4.5854-6.4354Combined rate per $1,000 assessed value

Note: These rates apply to the 2024 levy year for taxes payable in 2025. Actual rates vary by specific location within Shannon County based on which special taxing districts serve your property. The 2025 levy year rates are still being determined. Contact the Shannon County Collector for your exact rate combination.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Shannon County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Shannon County are additional tax bills issued when property undergoes significant changes in ownership, value, or use during the tax year. The most common triggers include new construction completion, major improvements that increase assessed value, or corrections to the original assessment that result in higher valuations.

When a supplemental tax is triggered, the County Assessor calculates the difference between the original assessed value and the new assessed value, then applies the current tax rate to this difference. The supplemental tax covers the period from when the change occurred through the end of the current tax year.

For example, if you complete a $100,000 home addition in Shannon County in July, and your property is in an area with a combined tax rate of 5.50 per $1,000 of assessed value, you would owe supplemental tax on the increased assessed value (19% of $100,000 = $19,000 assessed value increase) for the remaining months of that tax year. This would result in a supplemental bill of approximately $52.25 for six months ($19,000 × 0.0055 × 6/12).

Example Calculation

Property Value: $300,000

  • Market Value: $300,000
  • Assessed Value (19%): $57,000
  • Tax Credits Applied: $0 (none applied)
  • Net Taxable Value: $57,000
  • Annual Tax (5.50 rate): $313.50
  • Monthly Escrow: $26.13

Property Value: $600,000

  • Market Value: $600,000
  • Assessed Value (19%): $114,000
  • Senior/Disabled Credit: -$750* (if qualified and applied)
  • Net Taxable Value: $113,250
  • Annual Tax (5.50 rate): $622.88
  • Monthly Escrow: $51.91

Property Value: $1,000,000

  • Market Value: $1,000,000
  • Assessed Value (19%): $190,000
  • Homeowner Credit: -$1,100* (if qualified and applied)
  • Net Taxable Value: $188,900
  • Annual Tax (5.50 rate): $1,038.95
  • Monthly Escrow: $86.58

Tax credits require annual application and are not automatically applied. Credits shown are examples based on typical Missouri programs - contact Shannon County Assessor to confirm available credits and application requirements.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Shannon County require property tax escrow accounts for loans exceeding 80% loan-to-value ratio. Your lender collects monthly property tax payments along with your mortgage payment, depositing these funds into an escrow account to pay your annual tax bill when due.

Shannon County property taxes are typically due April 15th each year, though this can vary slightly. Lenders usually pay the tax bill 30-60 days before the due date to ensure timely payment and avoid penalties. Your lender will provide an annual escrow analysis showing the projected tax payments and any required adjustments to your monthly escrow amount.

If you pay taxes directly (without escrow), you can make payments to the Shannon County Collector's office. Contact the Collector at the Shannon County Courthouse for payment options, including online payment availability. Keep in mind that you're responsible for ensuring payment reaches the Collector by the deadline to avoid penalty and interest charges that begin accruing after the due date.

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Section 6

Frequently Asked Questions

Q: When are Shannon County property taxes due for the current fiscal year? A: Property taxes are typically due April 15th annually. For the 2024 levy year (taxes based on January 1, 2024 assessments), the due date is April 15, 2025. Contact the Shannon County Collector to confirm exact dates.

Q: What tax credits are available in Shannon County and how do I apply? A: Missouri offers several tax credits including the Circuit Breaker Credit for seniors and disabled persons (up to $750-$1,100), and potential local homestead exemptions. These are CREDITS that reduce your tax bill, not exemptions. You must apply annually through the Shannon County Assessor's office - they are not automatic.

Q: How does Missouri's Homestead Preservation Credit work? A: The Homestead Credit limits assessment increases on your primary residence to a maximum percentage each year (typically 10%), rather than reducing the market value. You must file an application with the Shannon County Assessor to qualify, and it must be renewed periodically. This prevents large tax increases when property values rise rapidly.

Q: How often are properties reassessed in Shannon County? A: Missouri requires counties to reassess all real property at least once every two years. Shannon County follows the state schedule. You can appeal your assessment through the County Board of Equalization, with specific deadlines typically in summer months following the assessment notices.

Q: What happens if I pay my property taxes late? A: Shannon County charges penalties and interest on delinquent property taxes. Interest typically begins accruing immediately after the April 15 due date, and additional penalties may apply. Unpaid taxes can eventually result in tax lien sales.

Q: Can I pay my Shannon County property taxes online? A: Contact the Shannon County Collector's office directly to inquire about online payment options. Many Missouri counties now offer online payment systems, but availability varies. The Collector's office can provide current payment methods and any associated fees.

Q: Why did my tax bill increase when I didn't make any improvements? A: Tax bills can increase due to: rising property values in your area, changes in tax rates voted by local districts, new special assessments, or countywide reassessment. The increase might also reflect the loss of tax credits if you didn't reapply for programs requiring annual applications.

Q: How do special district taxes work in Shannon County? A: Your property may be served by multiple special districts (school, ambulance, fire, library, etc.), each with its own tax rate. The combination of districts serving your specific location determines your total rate. Properties just miles apart can have different total rates depending on which districts serve them.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
State
2025 Property Tax Rate Report - Missouri State Auditor's Officeauditor.mo.gov
02
State
2024 Property Tax Rates - Missouri State Auditor's Officeauditor.mo.gov
03
Tax Doc
Tax Ratesauditor.mo.gov
04
Tax Doc
Property Tax Credit - Missouri Department of Revenuedor.mo.gov
05
Tax Doc
Missouri Department of Revenue Provides Tax Relief for ...dor.mo.gov
06
Forms and Manuals - Missouri Department of Revenuedor.mo.gov
07
Untitledsenate.mo.gov
08
Case Studies of Individual and Clustered (Decentralized) ...nepis.epa.gov
09
Tax Doc
IRS announces tax relief for taxpayers impacted by severe ...irs.gov
10
County
Shannon County Financial Statementsauditor.mo.gov
All sources verified as of 2025 Tax Year

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