65081 Property Tax Rate

Property owners in ZIP code 65081 (Tipton, Missouri) pay a median of $1,079/year in property taxes on homes valued at $148,200. This translates to an effective tax rate of 0.73%, which is 6% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65081 is approximately $90, which factors into escrow payments on mortgages. This ZIP code is located within Moniteau County. This is $297 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65081 has higher property taxes. ZIP codes with similar effective rates include 64659 (0.73%) and 63353 (0.73%).

In Tipton, property taxes represent approximately 2.0% of the median household income of $54,653, 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—Moniteau County's 0.76% effective rate will apply to your new assessed value. Moniteau County provides a Homestead Exemption and Senior Exemption for residents 65 and older; file your application with the Moniteau County Assessor immediately after closing. Review your assessment notice carefully and file a formal appeal with the Moniteau County Assessor within 30 days if you believe the valuation is incorrect.