State Property and Sales Taxes are the lowest in a three-state area and some of the lowest in the nation. Dent County and the City of Salem property taxes are below state averages.
2015 Sales Tax and Property Tax Rates
SALEM AND DENT COUNTY, MISSOURI
Sales Tax Rate: City of Salem .07350* Sales Tax Rate: Dent County (outside the City of Salem) .05475*
*(The State of Mo receives .04225 of these taxes, the county receives .0125, and the City of Salem receives .01875)
Property Tax Rates listed below are given per $100 of assessed value*.
*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.
Itemized Tax Rates 2015
ROAD & BRIDGE
Dent Co Disabilities
Sr. Citizens Services
Bunker R-3 - 61
City of Salem
DENT COUNTY FIRE
City of Salem Library
QUAD COUNTY FIRE
City of Salem
TIMBER COMM. FIRE
City of Bunker
Reynolds Co Ambulance
*Hospital – Salem Memorial Hospital District provides ambulance service
Dent County Commercial Surcharge
To calculate your tax rate using the above table, begin with the County Subtotal of 0.7906, then add the appropriate Fire District rate if applicable, add the Reynolds Co. Ambulance Rate if applicable, add the rate for the applicable School District, and if within the Salem city limits add 0.9252, or if within Bunker city limits add 0.6139.
If a commercial property, add commercial surcharge of 1.2100.
Special thanks to The Salem News for the generous use of many of the photos in this website.