64761 Property Tax Rate

Property owners in ZIP code 64761 (Leeton, Missouri) pay a median of $911/year in property taxes on homes valued at $123,900. This translates to an effective tax rate of 0.74%, which is 6% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 64761 is approximately $76, which factors into escrow payments on mortgages. This ZIP code is located within Johnson County. This is $465 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 64761 has lower property taxes. ZIP codes with similar effective rates include 65742 (0.74%) and 64493 (0.74%).

In Leeton, property taxes represent approximately 1.3% of the median household income of $67,500, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property to market value at sale with no statewide cap on increases, so your assessed value will reflect your purchase price rather than any lower prior assessment. Johnson County provides a Homestead Property Tax Exemption for primary residences that reduces taxable assessed value — file your application with the Johnson County Assessor's Office to claim this exemption and learn the specific benefit amount. Contact the Johnson County Assessor after closing to file your homestead exemption claim and verify your assessment.