65603 Property Tax Rate

Property owners in ZIP code 65603 (Arcola, Missouri) pay a median of $1,281/year in property taxes on homes valued at $280,000. This translates to an effective tax rate of 0.46%, which is 41% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65603 is approximately $107, which factors into escrow payments on mortgages. This ZIP code is located within Dade County.

Compared to similar ZIP codes in Missouri, 65603 has lower property taxes. ZIP codes with similar effective rates include 65711 (0.46%) and 65713 (0.46%).

Missouri reassesses property at market value at sale without a state cap—Dade County Assessor will issue an assessment reflecting your purchase price, and you should request a Property Record Card verification from their office immediately after closing. Dade County residents can claim Homestead Exemption and Senior (65+)/Disabled exemptions to reduce taxable value; apply with the Dade County Assessor to access these benefits. File your exemption application early and contact the Dade County Assessor to request a preliminary assessment review before the certification deadline.