64657 Property Tax Rate

Property owners in ZIP code 64657 (Mc Fall, Missouri) pay a median of $1,172/year in property taxes on homes valued at $125,000. This translates to an effective tax rate of 0.94%, which is 20% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64657 is approximately $98, which factors into escrow payments on mortgages. This ZIP code is located within Gentry County. This is $204 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64657 has higher property taxes. ZIP codes with similar effective rates include 63112 (0.94%) and 64130 (0.94%).

In Mc Fall, property taxes represent approximately 2.0% of the median household income of $57,734, 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 limitation, so your assessed value will be based on your purchase price and may be significantly higher than the prior owner's assessment. Gentry County offers a Homestead Property Tax Exemption for owner-occupied primary residences that reduces assessed value — file your application with the Gentry County Assessor's Office to claim this exemption. Contact the Gentry County Assessor immediately after purchase to file your homestead exemption claim and verify the assessment reflects your purchase.