Missouri Department of Revenue Property Tax Programs
Agricultural & Homestead Property Tax Exemptions
Serves: Missouri
Missouri assesses agricultural land at 12% of true value compared to 19% for residential property, significantly reducing taxes for rural farms. The homestead preservation program caps property tax increases for long-term rural homeowners. Senior circuit breaker credits benefit qualifying off-grid landowners.
Features: 12% agricultural rate · Homestead preservation · Senior circuit breaker