64631 Property Tax Rate

Property owners in ZIP code 64631 (Bucklin, Missouri) pay a median of $1,032/year in property taxes on homes valued at $115,400. This translates to an effective tax rate of 0.89%, which is 15% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64631 is approximately $86, which factors into escrow payments on mortgages. This ZIP code is located within Linn County. This is $344 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64631 has higher property taxes. ZIP codes with similar effective rates include 64469 (0.89%) and 65265 (0.89%).

In Bucklin, property taxes represent approximately 1.8% of the median household income of $57,132, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property to current market value at sale without annual increase caps, meaning your tax bill will reflect fair market value rather than the prior owner's base. Linn County residents qualify for Homestead Exemption and Age 65+ Senior Exemption programs through the Linn County Assessor — file your application by the county's deadline to reduce taxable assessed value. After receiving your Assessment Notice, verify the appraised value against comparable sales; file a timely appeal with the Linn County Board of Equalization if you believe the assessment is excessive.