Missouri Personal Property Tax Calculator
Estimated current market value of vehicle/equipment
| Assessment Stage | Calculation | Amount |
|---|---|---|
| Market Value | Original Value | |
| Assessed Value | 33.33% of Market Value | |
| Tax Rate | Per $100 Assessed Value |
What is Missouri Personal Property Tax?
Missouri personal property tax is an annual tax on movable property including vehicles, boats, aircraft, and business equipment. Unlike real estate taxes, these taxes apply to property that isn't permanently attached to land. All Missouri residents must file a personal property tax declaration by March 1 each year.
Calculation Formula
Tax Amount = (Market Value × 33.33% Assessment Rate ÷ 100) × Tax Rate
| Variable | Description | Typical Range |
|---|---|---|
| Market Value | Current value of property | $1,000-$100,000+ |
| Assessment Rate | Fixed 33.33% in MO | 33.33% |
| Tax Rate | Varies by county | 4.5%-5.5% per $100 |
Calculation Example
Example 1: $25,000 vehicle in St. Louis County
Assessed Value = $25,000 × 0.3333 = $8,332.50
Tax = ($8,332.50 ÷ 100) × 4.78 = $398.29 annually
Using the Calculator
- Enter current market value of your property
- Select your county from the dropdown
- View calculated assessed value and tax amount
Key Tax Factors
- County tax rate variations
- Vehicle depreciation rates
- Business equipment classifications
- Agricultural exemptions
- Disabled veteran exemptions
- Historic vehicle provisions
FAQ
When are payments due?
Tax bills are typically due by December 31 each year.
How are vehicles assessed?
Missouri uses NADA guidelines for vehicle valuations.