How does Missouri’s tax code compare? Missouri has a graduated state individual income tax, with rates ranging from 2.00 percent to 4.70 percent. There are also jurisdictions that collect local income taxes. Missouri has a 4.0 percent corporate income tax rate. Missouri also has a 4.23 percent state sales tax rate and an average combined state and local sales tax rate of 8.41 percent. Missouri has a 0.88 percent effective property tax rate on owner-occupied housing value.
Missouri does not have an estate tax or inheritance tax. Missouri has a 29.9 cents per gallon gas tax rate and a $0.17 cigarette excise tax rate (per pack of 20 cigarettes). The State of Missouri collects $4,979 in state and local tax collections per capita. Missouri has $5,872 in state and local debt per capita and an 85 percent funded ratio of public pension plans. Missouri’s tax system ranks 12th overall on the 2026 State Tax Competitiveness Index.
Each state’s tax code is a multifaceted system with many moving parts, and Missouri is no exception. The first step toward understanding Missouri’s tax code is knowing the basics. How does Missouri collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures 2025: How Does Your State Compare?
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The State Tax Competitiveness Index enables policymakers, taxpayers, and business leaders to gauge how their states’ tax systems compare. While there are many ways to show how much state governments collect in taxes, the Index evaluates how well states structure their tax systems and provides a road map for improvement.
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