SALEM AND DENT COUNTY, MISSOURI

Sales Tax  Rate:  City of Salem  .06725*
Sales Tax Rate: Dent County (outside the City of Salem) .05225*

*(The State of Mo receives .04225 of these taxes, the county receives .01, and the City of Salem receives .015)

Property Tax Rates are given per $100 of assessed value*.

COUNTY

• Dent County property tax rate ranges from $3.78 to $4.46 per $100 of assessed value for residential property.
• If commercial, the surcharge rate of $1.21 is added, making the rate for businesses between $4.99 and $5.93 per $100 of assessed values (see different school and fire district levies).

COUNTY AND CITY COMBINED

• The City of Salem property tax rate is 0.9058 per $100 of assessed value.  When added to the county rate this makes the total tax rate $4.68 per $100 of assessed value for residential property. 
• If commercial, the surcharge rate of $1.21 is added, making the rate for businesses $5.89 per $100 of assessed value (see different school and fire district levies).

The State of Missouri’s average total property tax rate is about $5.87 per $100 valuation.  The average rate in the State of Missouri for total commercial/industrial real property is about $6.89 per $100 valuation.

*Missouri law sets the assessment ratio for personal property at one-third of true value throughout the state.  Real properties (land and buildings) classified as commercial and industrial, are assessed at 32%; residential, 19%; and agricultural, 12% of true or fair market value.  The local property tax rate is an aggregate of school, city, county, and state levies expressed in tax per $100 assessed valuation.  Commercial and industrial real property is assessed an additional county surcharge designed to replace revenues lost by the tax exemption of business inventories.