65668 Property Tax Rate

Property owners in ZIP code 65668 (Hermitage, Missouri) pay a median of $617/year in property taxes on homes valued at $109,200. This translates to an effective tax rate of 0.56%, which is 27% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65668 is approximately $51, which factors into escrow payments on mortgages. This ZIP code is located within Hickory County. This is $759 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65668 has higher property taxes. ZIP codes with similar effective rates include 63638 (0.57%) and 65323 (0.56%).

In Hermitage, property taxes represent approximately 1.6% of the median household income of $38,267, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 65668, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Hickory County's tax assessor directly.