Columbia is a university town anchored by the University of Missouri, with a stable economy driven by education, healthcare, and insurance. Boone County's property tax rate is close to the state average, and demand from students and staff keeps the market steady.
Recommended for incomes above $80k/yr (28% DTI rule)
Columbia housing market
The 1.05% property tax rate reflects the county-level effective rate for Columbia and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Missouri average — county-level data produces more accurate monthly payment estimates for Columbia buyers. Many Columbia properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.
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