64427 Property Tax Rate

Property owners in ZIP code 64427 (Bolckow, Missouri) pay a median of $1,090/year in property taxes on homes valued at $176,600. This translates to an effective tax rate of 0.62%, which is 21% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64427 is approximately $91, which factors into escrow payments on mortgages. This ZIP code is located within Andrew County. This is $286 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64427 has higher property taxes. ZIP codes with similar effective rates include 65584 (0.62%) and 63113 (0.62%).

In Bolckow, property taxes represent approximately 1.7% of the median household income of $62,448, 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 assessed value will be reset to your purchase price and may be significantly higher than the prior owner's valuation. Andrew County offers a Homestead Property Tax Exemption for owner-occupants of primary residences that reduces assessed value — contact the Andrew County Assessor's Office to file your exemption claim and determine the amount of tax savings available. File your homestead exemption application with the Andrew County Assessor within 30 days of closing to ensure it applies to your first tax bill.