64465 Property Tax Rate

Property owners in ZIP code 64465 (Lathrop, Missouri) pay a median of $1,637/year in property taxes on homes valued at $180,900. This translates to an effective tax rate of 0.90%, which is 16% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64465 is approximately $136, which factors into escrow payments on mortgages. This ZIP code is located within Clinton County. This is $261 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64465 has higher property taxes. ZIP codes with similar effective rates include 65248 (0.90%) and 64127 (0.91%).

In Lathrop, property taxes represent approximately 2.1% of the median household income of $78,887, providing context for the relative tax burden on homeowners in this area.

Missouri properties are reassessed to purchase price at sale, with no state limit on subsequent annual value increases. Clinton County provides a Homestead Exemption and Senior Citizen exemption; contact the Clinton County Assessor's office to file your claim within 30 days of purchase. Review your first assessment notice and file any appeal or exemption paperwork with the Clinton County Assessor by the published deadline (typically within 45 days of the notice).