Taxes

Springfield Sales Tax

Total 7.600%
State 4.225%
County 1.250%
City

2.125%

Source: Missouri Department of Revenue, 2016
View sales tax rates in other Missouri cities

Springfield Property Tax

per $100 of assessed valuation

Total $5.4306
City of Springfield $0.6094
Springfield-Greene County Library

$0.2443

Ozarks Technical Community College

$0.1494

Greene County

$0.1160

Road & Bridge

$0.1160

State of Missouri

$0.0300

Sheltered Workshop

$0.0468

Senior Services

$0.0494

Springfield R-12

$4.0693

    Commercial property add surcharge

$1.0400

Source: Greene County Collector’s Office, 2015

Partnership Industrial Center Partnership Industrial Center West

Total $5.8513 $6.4913
City of Springfield

$0.6094

$0.6094
Springfield-Greene Co. Library $0.2443 $0.2443
Ozarks Technical College $0.1494 $0.1494
Greene County $0.1160 $0.1160
Road & Bridge $0.1160 $0.1160
State of Missouri $0.0300 $0.0300
Sheltered Workshop $0.0468 $0.0468
Senior Services

$0.0494

$0.0494
Strafford R-VI $3.4500
Willard R-II $4.0900
Commercial surcharge $1.0400 $1.0400

Source: Greene County Collector’s Office, 2015

Real Property Assessment Rates

of appraised value

Commercial

32%

Residential

19%

Agricultural

12%

Source: Greene County Collector’s Office

Springfield Personal Property Tax

Tax Rate

$5.3200 per $100 of assessed value

Assessment Rate

33 1/3% of appraised value

Personal property tax is assessed on livestock, mobile homes, commercial office equipment, farm equipment, machinery & tools and leased commercial property (i.e. leased computers, etc.)

Source: Greene County Collector’s Office

Missouri Income Tax

Personal Income Tax: Graduated rate. Highest is $315 plus 6% over $9,000. Part of federal taxes paid are subtracted from the net income to determine the state taxable income.

Corporate Income Tax: 6.25% (Fifty percent 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.