Calculate using real Springfield data. Median home price: $195,000. Property tax rate: 1%.
The effective property tax rate in Springfield, MO is 1%. On the median home value of $195,000, that equals approximately $1,950 per year.
At the 1% effective rate, a $195,000 home in Springfield, MO would pay about $1,950 annually, or $163 per month.
The 1% rate in Springfield, MO is near the national average of roughly 1.1%.