65591 Property Tax Rate

Property owners in ZIP code 65591 (Montreal, Missouri) pay a median of $746/year in property taxes on homes valued at $141,900. This translates to an effective tax rate of 0.53%, which is 32% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65591 is approximately $62, which factors into escrow payments on mortgages. This ZIP code is located within Camden County. This is $630 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65591 has lower property taxes. ZIP codes with similar effective rates include 64656 (0.53%) and 65679 (0.53%).

In Montreal, property taxes represent approximately 1.3% of the median household income of $55,375, 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—your assessed value will reflect current market conditions at purchase. Camden County offers Homestead Exemption and Senior Exemption (65+) programs; apply with the Camden County Assessor's office within 30 days of taking title. Contact the Camden County Assessor for a copy of your assessment and file a written protest within 30 days if the assessed value seems high compared to your purchase price.