64151 Property Tax Rate

Property owners in ZIP code 64151 (Kansas City, Missouri) pay a median of $3,207/year in property taxes on homes valued at $292,500. This translates to an effective tax rate of 1.10%, which is 41% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64151 is approximately $267, which factors into escrow payments on mortgages. This ZIP code is located within Platte County. This is $1,831 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64151 has lower property taxes. ZIP codes with similar effective rates include 63015 (1.10%) and 64136 (1.10%).

In Kansas City, property taxes represent approximately 3.5% of the median household income of $91,348, 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 limitation, so your assessed value will be based on your purchase price and may be significantly higher than the prior owner's valuation. Platte County offers a Homestead Property Tax Exemption for owner-occupied primary residences that reduces assessed value — contact the Platte County Assessor's Office to file your exemption claim and determine the amount of tax savings available. Submit your homestead exemption application to the Platte County Assessor promptly after closing to ensure timely processing and application to your first bill.