65255 Property Tax Rate

Property owners in ZIP code 65255 (Hallsville, Missouri) pay a median of $1,768/year in property taxes on homes valued at $225,400. This translates to an effective tax rate of 0.78%, which is near the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65255 is approximately $147, which factors into escrow payments on mortgages. This ZIP code is located within Boone County. This is $392 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65255 has higher property taxes. ZIP codes with similar effective rates include 65721 (0.78%) and 63839 (0.78%).

In Hallsville, property taxes represent approximately 2.2% of the median household income of $80,392, 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—Boone County's median effective rate of 0.78% will apply to your new assessed value. Boone County provides Homestead Exemption and Senior Exemption (65+) programs; file with the Boone County Assessor's office within 30 days of closing to reduce taxable value. Contact the Boone County Assessor to obtain your assessment and file a formal protest by the 30-day deadline if you dispute the valuation.