64011 Property Tax Rate

Property owners in ZIP code 64011 (Bates City, Missouri) pay a median of $1,850/year in property taxes on homes valued at $313,400. This translates to an effective tax rate of 0.59%, which is 24% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64011 is approximately $154, which factors into escrow payments on mortgages. This ZIP code is located within Lafayette County. This is $474 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64011 has higher property taxes. ZIP codes with similar effective rates include 64849 (0.59%) and 63787 (0.59%).

In Bates City, property taxes represent approximately 2.2% of the median household income of $84,453, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property at market value upon sale, with no statewide annual increase cap, so your tax bill will reset based on your purchase price rather than the prior owner's valuation. Lafayette County provides a Homestead Property Tax Exemption for owner-occupied primary residences that reduces taxable assessed value — file your claim with the Lafayette County Assessor's Office to receive this exemption. File your homestead exemption application with the Lafayette County Assessor within the required timeframe after purchase to lock in this tax benefit.