64075 Property Tax Rate

Property owners in ZIP code 64075 (Oak Grove, Missouri) pay a median of $2,453/year in property taxes on homes valued at $233,400. This translates to an effective tax rate of 1.05%, which is 35% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64075 is approximately $204, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $1,077 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64075 has lower property taxes. ZIP codes with similar effective rates include 64683 (1.05%) and 63131 (1.05%).

In Oak Grove, property taxes represent approximately 3.0% of the median household income of $80,825, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property at market value upon sale, with no statewide annual growth cap, so your assessed value will be reset to your purchase price and your tax bill may increase substantially. Jackson County offers a Homestead Property Tax Exemption for owner-occupants of primary residences that provides a reduction in assessed value — file your application with the Jackson County Assessor's Office to claim this exemption. Contact the Jackson County Assessor immediately after purchase to file your homestead exemption claim and verify your assessment.