65054 Property Tax Rate

Property owners in ZIP code 65054 (Loose Creek, Missouri) pay a median of $1,829/year in property taxes on homes valued at $214,400. This translates to an effective tax rate of 0.85%, which is 10% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65054 is approximately $152, which factors into escrow payments on mortgages. This ZIP code is located within Osage County. This is $453 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65054 has higher property taxes. ZIP codes with similar effective rates include 63056 (0.85%) and 63051 (0.85%).

In Loose Creek, property taxes represent approximately 2.0% of the median household income of $89,427, 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.