65011 Property Tax Rate

Property owners in ZIP code 65011 (Barnett, Missouri) pay a median of $1,140/year in property taxes on homes valued at $140,800. This translates to an effective tax rate of 0.81%, which is 4% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65011 is approximately $95, which factors into escrow payments on mortgages. This ZIP code is located within Morgan County. This is $236 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65011 has lower property taxes. ZIP codes with similar effective rates include 63084 (0.81%) and 64644 (0.81%).

In Barnett, property taxes represent approximately 3.3% of the median household income of $34,836, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property at market value upon sale, with no statewide cap on increases—your tax bill will reflect the purchase price upon assessment. Morgan County offers a Homestead Exemption and Senior Exemption for residents age 65 and over; apply with the Morgan County Assessor immediately after taking title. Request a formal assessment review from the Morgan County Assessor and file a written appeal within 30 days if the assessed value exceeds the fair market value of your purchase.