63940 Property Tax Rate

Property owners in ZIP code 63940 (Fisk, Missouri) pay a median of $748/year in property taxes on homes valued at $130,100. This translates to an effective tax rate of 0.57%, which is 26% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63940 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Butler County. This is $628 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 63940 has higher property taxes. ZIP codes with similar effective rates include 65613 (0.58%) and 65278 (0.57%).

In Fisk, property taxes represent approximately 1.4% of the median household income of $52,926, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property at market value upon sale with no statewide growth limitation, meaning your assessed value will reflect your purchase price rather than the prior owner's valuation. Butler County offers a Homestead Property Tax Exemption for primary residences that reduces taxable assessed value — file your application with the Butler County Assessor's Office to claim this exemption. Obtain your Notice of Assessment from the Butler County Assessor and file your homestead exemption claim promptly to ensure timely processing.