65053 Property Tax Rate

Property owners in ZIP code 65053 (Lohman, Missouri) pay a median of $2,280/year in property taxes on homes valued at $328,600. This translates to an effective tax rate of 0.69%, which is 11% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65053 is approximately $190, which factors into escrow payments on mortgages. This ZIP code is located within Cole County. This is $904 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65053 has lower property taxes. ZIP codes with similar effective rates include 64726 (0.69%) and 64018 (0.69%).

In Lohman, property taxes represent approximately 2.1% of the median household income of $107,727, 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—Cole County will establish a new tax basis at your purchase price. Cole County residents qualify for Homestead Exemption and Senior Exemption (age 65+); file with the Cole County Assessor's office within 30 days of closing. Request your official property assessment from the Cole County Assessor and submit a formal appeal within 30 days if you dispute the appraised value.