Taxes

Platte County businesses have the advantage of some of the lowest taxes in the metro area.

  • Real property (commercial & industrial) is assessed at 32% of the fair market value
  • Personal property (such as furniture, cars, trucks etc.) is assessed at 33 1/3% of fair market value
  • Residential property is assessed at 19% of fair market value
  • Agricultural property is assessed at 12% of fair market value.

The graph below provides a visual of Platte County taxes in the metro area.

The 2018 tax levies are shown in the table below.


Jurisdiction

Kansas City – Park Hill Schools

Kansas City – Platte County R3

Parkville

Platte City

Riverside

State

.03

.03

.03

.03

.03

County

.06

.06

.06

.06

.06

Commercial Surtax*

.36

.36

.36

.36

.36

City

1.6783***

1.6783***

.6412

1.0758****

0

School

5.3955

5.0193

5.3955

5.0193

5.3955

Other**

1.2471

1.0166

2.3601

1.7554

1.2422

Total

8.7709

8.1642

8.8468

8.3005

7.0877


Source: Platte County Clerk

*M&M Replacement Tax (commercial surtax) is fixed and applies to Class 3 Real Property only
** Does not include some special levies
***Does not include an Additional Assessment of .75 on Land for Boulevards per KCMO Ordinances
**** Platte City’s levy is for Real Property only

To find more information please go to: www.co.platte.mo.us and click on Taxes and Licenses.