65771 Property Tax Rate

Property owners in ZIP code 65771 (Walnut Shade, Missouri) pay a median of $1,463/year in property taxes on homes valued at $313,200. This translates to an effective tax rate of 0.47%, which is 40% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 65771 is approximately $122, which factors into escrow payments on mortgages. This ZIP code is located within Taney County.

Compared to similar ZIP codes in Missouri, 65771 has higher property taxes. ZIP codes with similar effective rates include 65571 (0.47%) and 65733 (0.47%).

In Walnut Shade, property taxes represent approximately 1.3% of the median household income of $112,250, providing context for the relative tax burden on homeowners in this area.

Missouri has no statewide reassessment cap, so Taney County will assess your property at market value upon purchase—request your Property Record Card from the Taney County Assessor within one week of closing to verify the assessed amount. Taney County residents can claim Homestead Exemption and Senior (65+)/Disabled exemptions to lower taxable value; file your exemption application with the Taney County Assessor to access these benefits. Submit your exemption claim early and file a timely appeal with the Taney County Assessor if the initial assessment appears inflated.