65704 Property Tax Rate

Property owners in ZIP code 65704 (Mansfield, Missouri) pay a median of $730/year in property taxes on homes valued at $197,000. This translates to an effective tax rate of 0.37%, which is 52% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65704 is approximately $61, which factors into escrow payments on mortgages. This ZIP code is located within Wright County. This is $646 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65704 has higher property taxes. ZIP codes with similar effective rates include 63763 (0.37%) and 65761 (0.37%).

In Mansfield, property taxes represent approximately 1.6% of the median household income of $46,113, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses property at current market value at sale with no state cap—Wright County Assessor will establish your assessment based on the sale price, and you should request a verification from their office within days of closing. Wright County provides Homestead Exemption and Senior/Disabled exemptions to reduce taxable value; file your exemption claim with the Wright County Assessor to qualify for these benefits. Contact the Wright County Assessor's office before the assessment certification date to file your exemption and request a preliminary value review if the initial assessment appears high.