63937 Property Tax Rate

Property owners in ZIP code 63937 (Ellsinore, Missouri) pay a median of $1,038/year in property taxes on homes valued at $215,900. This translates to an effective tax rate of 0.48%, which is 38% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63937 is approximately $87, which factors into escrow payments on mortgages. This ZIP code is located within Carter County. This is $338 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 63937 has higher property taxes. ZIP codes with similar effective rates include 65052 (0.48%) and 64728 (0.48%).

In Ellsinore, property taxes represent approximately 1.4% of the median household income of $75,179, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property to market value at sale with no statewide cap, meaning your assessed value will be based on your purchase price rather than the prior owner's historical assessment. Carter County offers a Homestead Property Tax Exemption for primary residences that reduces assessed value — file your application with the Carter County Assessor's Office to claim this tax relief. Contact the Carter County Assessor after closing to file your homestead exemption and verify your assessment reflects your purchase.