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 2010 tax levies are shown in the table below.
| Jurisdiction | Kansas City | Parkville | Platte City | Riverside |
| State | 0.03 | 0.03 | 0.03 | 0.03 |
| County | 0.02 | 0.02 | 0.02 | 0.02 |
| Commercial surtax | 0.36** | 0.36** | 0.36** | 0.36** |
| City | 1.53* | 0.65 | 1.04** | 0.00 |
| School | 5.41 | 5.41 | 4.53 | 5.41 |
| Other | .91 | 1.17 | 1.32 | .91 |
| Total | 8.26 | 7.64 | 7.3 | 6.73 |
does not include some special levies
* Does not include .75 cent special assessment on Land value only
** Applies to Real property only
