Taxes

Taxes_JohnWanamaker

Springfield Sales Tax

Springfield’s sales tax is 8.1%, which includes the following breakdown.

State: 4.225%
County: 1.750%
City: 2.125%

Source: Missouri Department of Revenue, 2018

For a comparison of sales tax rates in other Missouri counties, click here.

Springfield Property Tax

(per $100 of assessed valuation)

Total $5.5475
City of Springfield $0.6218
Springfield-Greene County Library

$0.2467

Ozarks Technical Community College

$0.2023

Greene County

$0.1218

Road

$0.1218

State of Missouri

$0.0300

County Developmental Disability Programs

$0.0473

Senior Services

$0.0500

Springfield R-12

$4.1058

Commercial property add surcharge to toal

$1.0400

Source: Greene County Collector’s Office, 2018

Partnership Industrial Center & Partnership Industrial Center West

 PIC PIC West
Total $5.9317 $6.6101
City of Springfield $0.6218 $0.6218
Springfield-Greene Co. Library $0.2467 $0.2467
Ozarks Technical Community College $0.2023 $0.2023
Greene County $0.1218 $0.1218
Road $0.1218 $0.1218
State of Missouri $0.0300 $0.0300
Development Disability Programs $0.0473 $0.0473
Senior Services $0.0500 $0.0500
Strafford R-VI $3.4500
Willard R-II $4.1284
Commercial surcharge $1.0400 $1.0400

Source: Greene County Collector’s Office, 2018

Real Property Assessment Rates

The following rates are based on the appraised value of each property type.

Commercial

32%

Residential

19%

Agricultural

12%

Source: Greene County Collector’s Office, 2017

Springfield Personal Property Tax

Personal property tax is assessed on:

  • Livestock
  • Mobile homes
  • Commercial office equipment
  • Machinery & tools
  • Leased commercial property (i.e. leased computers, etc.)
Tax Rate

$5.5475 per $100 of assessed value

Assessment Rate

33 1/3% of appraised value

Missouri Income Tax

Personal income tax is at a graduated rate. The highest is $315 plus 6% over $9,072. A part of the federal taxes paid are subtracted from the net income to determine the state taxable income.

Corporate income tax is 6.25% — 50% of the federal taxes paid are subtracted from net income to determine net taxable income earned in Missouri.

Source: Missouri Department of Revenue

Visit the Missouri Department of Economic Development website for more Missouri tax information.