Cost of Living in Raytown

Raytown's cost of living pairs genuinely affordable home values against a property tax rate that runs well above both the national and Missouri statewide averages.

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A real, disclosed home-value spread, all below the state average

Redfin's own 3-month median sale price ran $235,000 (+0.8% YoY), with a separately cited average house price of $236,000 (+9.7% YoY); Zillow's typical-home-value figure ran a substantially lower $175,374 (+18.9% YoY). All figures run below Missouri's own $268,423 statewide average.

A property tax rate above national and state averages

Raytown's median effective property tax rate ran 1.79% per Ownwell this pass (a separately cited figure ran 1.27%) -- above the 1.02% national median and Missouri's 0.89% statewide average, though the median annual tax bill ($1,841) still runs below the national median tax bill given Raytown's comparatively low home values.

A median household income below the national median

Raytown's median household income ($68,840, 2024) runs below the national median, consistent with its identity as one of the Kansas City metro's more affordable eastern suburbs.

Missouri's flat income tax applies regardless

Missouri's real flat 4.0% state income tax rate (effective January 1, 2026) applies statewide, including in Raytown -- see missouri.js for the full phase-down mechanism and the real, dated August 2026 Amendment 5 rejection.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.