65048 Property Tax Rate

Property owners in ZIP code 65048 (Koeltztown, Missouri) pay a median of $2,070/year in property taxes on homes valued at $341,900. This translates to an effective tax rate of 0.61%, which is 22% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65048 is approximately $173, which factors into escrow payments on mortgages. This ZIP code is located within Osage County. This is $694 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65048 has lower property taxes. ZIP codes with similar effective rates include 65016 (0.61%) and 63826 (0.60%).

In Koeltztown, property taxes represent approximately 2.4% of the median household income of $87,024, 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—expect a reassessment at or near your purchase price. Osage County residents may claim a Homestead Exemption and Senior Exemption (65+); file the application with the Osage County Assessor's office within 30 days of closing. Obtain your official assessment from the Osage County Assessor and submit a protest within 30 days if the valuation appears inconsistent with comparable sales.