65745 Property Tax Rate

Property owners in ZIP code 65745 (Seligman, Missouri) pay a median of $718/year in property taxes on homes valued at $112,500. This translates to an effective tax rate of 0.64%, which is 18% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65745 is approximately $60, which factors into escrow payments on mortgages. This ZIP code is located within Barry County. This is $658 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 65745 has higher property taxes. ZIP codes with similar effective rates include 63631 (0.64%) and 63783 (0.64%).

In Seligman, property taxes represent approximately 1.5% of the median household income of $49,109, 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—this can substantially raise your annual tax bill. Barry County residents qualify for Homestead Exemption and Senior Exemption (age 65+); contact the Barry County Assessor's office to file the exemption application immediately after purchase. Verify your exemption status on your official assessment notice and submit a written protest to the Barry County Assessor if the assessed value appears excessive.