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.