Rate Breakdown

Property taxes in Henry County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Henry County

Property taxes in Henry County are calculated based on your property's assessed value and the local tax levies, often referred to as millage rates, set by taxing districts. The Henry County Assessor determines the fair market value of your property. In Missouri, the assessed value is a set percentage of this market value: 19% for residential property, 12% for agricultural property, and 32% for commercial property. Once this assessed value is established, it is multiplied by the total tax levy rate set by your local school districts, cities, and county services to determine your final annual tax bill.

Available Exemptions

Missouri offers several tax relief programs and exemptions to help eligible Henry County homeowners reduce their property tax liability. These programs include:

• The Missouri Property Tax Credit (Circuit Breaker), which refunds a portion of real estate taxes to low-income senior citizens aged 65 and older, as well as 100% disabled individuals.
• The Disabled Veteran Exemption, which exempts veterans who are 100% disabled as a result of military service from paying property taxes on their primary residence.
• The Senior Tax Freeze, a recently authorized Missouri program that allows counties to stabilize the assessed value of primary residences for eligible seniors. You should contact the Henry County Clerk to confirm local implementation details.

Payment Schedule & Deadlines

The Henry County Collector's office mails annual property tax bills in November, and full payment is due by December 31 of each year. To avoid late fees, your payment must be received or postmarked on or before December 31. Under Missouri law, late payments are subject to immediate interest charges and penalties, which accrue on the first of each month starting January 1. While Henry County does not offer standard installment options for delinquent taxes, many taxpayers utilize mortgage escrow accounts to manage these annual payments.

Appealing Your Assessment

If you believe the Henry County Assessor has overvalued your property, you have the right to appeal the valuation. The appeals process follows a strict annual timeline:

• First, request an informal review with the Henry County Assessor's office in the spring to discuss your property value and present evidence, such as a recent appraisal.
• Second, if the informal review is unsuccessful, you must file a formal appeal with the Henry County Board of Equalization. This appeal must be filed by the second Monday in July.
• Finally, if you disagree with the Board's decision, you may appeal to the Missouri State Tax Commission by September 30 or within 30 days of the Board's decision.