Salem, Missouri property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.66%

Homeowners in Salem, Missouri paid a median $760 a year in property tax on a median home worth $115,000, an effective rate of about 0.66% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#96 lowest of 485Missouri places we cover

0.52%Dent County overall
Median tax paid
$760
per year, 2020โ€“24
Median home value
$115,000
owner-occupied
Effective rate
0.66%
tax รท value
Tax vs. income
1.7%
of $43,923 median household income
Owner costs
$996/mo
median with a mortgage, incl. tax & insurance

Salem vs county, state and US

Effective rate

Salem0.66%
Dent County0.52%
Missouri0.85%
United States0.94%

Median tax paid per year

Salem$760
Dent County$878
Missouri$1,948
United States$3,119

Tax on a home in Salem

At the local 0.66% effective rate

Home valueEstimated yearly taxPer month
$150,000$991$83
$250,000$1,652$138
$350,000$2,313$193
$500,000$3,304$275

Buying a home in Dent County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Salem, Missouri?

Homeowners in Salem, Missouri paid a median $760 a year in property tax on a median home worth $115,000, an effective rate of about 0.66% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Salem?

About $1,652 a year at the 0.66% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Salem higher than the rest of Missouri?

Salem ranks #96 lowest of 485 Missouri places we track. The statewide effective rate is 0.85%. Dent County overall is 0.52%.