65682 Property Tax Rate

Property owners in ZIP code 65682 (Lockwood, Missouri) pay a median of $1,023/year in property taxes on homes valued at $148,000. This translates to an effective tax rate of 0.69%, which is 11% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65682 is approximately $85, which factors into escrow payments on mortgages. This ZIP code is located within Dade County. This is $353 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65682 has higher property taxes. ZIP codes with similar effective rates include 63436 (0.69%) and 63932 (0.69%).

In Lockwood, property taxes represent approximately 1.9% of the median household income of $54,625, providing context for the relative tax burden on homeowners in this area.

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.