63551 Property Tax Rate

Property owners in ZIP code 63551 (Livonia, Missouri) pay a median of $1,466/year in property taxes on homes valued at $223,600. This translates to an effective tax rate of 0.66%, which is 16% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63551 is approximately $122, which factors into escrow payments on mortgages. This ZIP code is located within Putnam County.

Compared to similar ZIP codes in Missouri, 63551 has lower property taxes. ZIP codes with similar effective rates include 64445 (0.66%) and 63336 (0.66%).

In Livonia, property taxes represent approximately 2.0% of the median household income of $72,969, providing context for the relative tax burden on homeowners in this area.

Missouri law requires reassessment to market value at sale without state-mandated annual caps, so your property tax will reset based on the purchase price or current appraised value. Putnam County offers Homestead Exemption and Over-65 Senior Exemption programs — contact the Putnam County Assessor's office and file your application within 30 days of purchase to receive tax relief. Request your formal Assessment Notice, compare it to recent arm's-length sales of similar properties, and file a protest with the Putnam County Board of Equalization if the appraised value appears inflated.