65401 Property Tax Rate

Property owners in ZIP code 65401 (Rolla, Missouri) pay a median of $1,279/year in property taxes on homes valued at $206,500. This translates to an effective tax rate of 0.62%, which is 20% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65401 is approximately $107, which factors into escrow payments on mortgages. This ZIP code is located within Phelps County.

Compared to similar ZIP codes in Missouri, 65401 has lower property taxes. ZIP codes with similar effective rates include 64831 (0.62%) and 65725 (0.62%).

In Rolla, property taxes represent approximately 2.4% of the median household income of $52,768, 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—Phelps County will assess your property based on current market conditions at purchase. Phelps County offers Homestead Exemption and Senior Exemption for residents 65 and older; file your application with the Phelps County Assessor within 30 days of closing. Contact the Phelps County Assessor for your assessment and submit a written protest within 30 days if you dispute the appraised value.