65649 Property Tax Rate

Property owners in ZIP code 65649 (Fair Play, Missouri) pay a median of $1,105/year in property taxes on homes valued at $285,700. This translates to an effective tax rate of 0.39%, which is 50% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65649 is approximately $92, which factors into escrow payments on mortgages. This ZIP code is located within Polk County. This is $271 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65649 has lower property taxes. ZIP codes with similar effective rates include 65720 (0.39%) and 65543 (0.39%).

In Fair Play, property taxes represent approximately 2.5% of the median household income of $43,803, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses at sale value with no state cap, so Polk County will establish an assessment based on your purchase price—request your Property Record Card from the Polk County Assessor within days of closing to verify the figure. Polk County offers Homestead and Senior (65+)/Disabled exemptions to reduce your taxable value; file your exemption application with the Polk County Assessor to claim these reductions. Submit your exemption claim and file a timely appeal with the Polk County Assessor by their deadline if the initial assessment seems excessive.