64089 Property Tax Rate

Property owners in ZIP code 64089 (Smithville, Missouri) pay a median of $2,945/year in property taxes on homes valued at $307,200. This translates to an effective tax rate of 0.96%, which is 23% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64089 is approximately $245, which factors into escrow payments on mortgages. This ZIP code is located within Clay County. This is $1,569 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64089 has lower property taxes. ZIP codes with similar effective rates include 63830 (0.96%) and 63434 (0.96%).

In Smithville, property taxes represent approximately 2.9% of the median household income of $101,063, 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, meaning your assessed value will be based on your purchase price and may increase significantly from the prior owner's valuation. Clay County offers a Homestead Property Tax Exemption for owner-occupants of primary residences that reduces assessed value — file your claim with the Clay County Assessor's Office to receive this tax relief. Submit your homestead exemption application to the Clay County Assessor immediately after purchase to ensure timely approval and application to your first tax bill.