65654 Property Tax Rate

Property owners in ZIP code 65654 (Freistatt, Missouri) pay a median of $538/year in property taxes on homes valued at $113,200. This translates to an effective tax rate of 0.48%, which is 39% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65654 is approximately $45, which factors into escrow payments on mortgages. This ZIP code is located within Lawrence County. This is $838 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65654 has lower property taxes. ZIP codes with similar effective rates include 65692 (0.48%) and 63036 (0.48%).

In Freistatt, property taxes represent approximately 1.1% of the median household income of $47,857, 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 new assessed value will likely differ from the seller's. Lawrence County offers a Homestead Exemption and Senior Exemption (65+); apply with the Lawrence County Assessor's office within 30 days of taking title. Request a copy of your assessment from the Lawrence County Assessor and file an appeal by the statutory deadline (typically within 30 days) if you believe the value is overstated.