Independence, MO Property Tax Rates

Compare property tax rates across 8 ZIP codes in Independence, Missouri.

ACS 2019-2023 · Updated Dec 2024

Avg Tax Rate

1.19%

Avg Annual Tax

$1,801

Avg Home Value

$153,375

ZIP Codes

8

Property Tax Overview: Independence, MO

Independence has 8 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.19%, which is 53% above the Missouri average of 0.78%. Annual property taxes range from $1,462 (ZIP 64050) to $1,386 (ZIP 64054).

For a home at Independence's median value of $153,375, property taxes add approximately $152/month to housing costs. Independence home values are below the Missouri median of $175,936, which moderates the overall monthly tax burden.

Property tax rates within Independence vary by 0.34 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.

ZIP Codes in Independence, MO

ZIP CodeEffective RateMedian TaxMedian Home Value
640501.07%$1,462$137,200
640521.09%$1,423$131,100
640551.13%$1,956$173,400
640561.13%$1,992$176,400
640571.16%$2,738$235,700
640581.23%$2,412$196,300
640531.32%$1,035$78,400
640541.41%$1,386$98,500

Independence vs Missouri Average

Effective Tax Rate

Independence1.19%
Missouri Avg0.78%

53% above state average

Annual Property Tax

Independence$1,801
Missouri Avg$1,376

Median Home Value

Independence$153,375
Missouri Avg$175,936

Frequently Asked Questions

What is the average property tax rate in Independence, MO?

The average effective property tax rate in Independence, Missouri is 1.19%, based on 8 ZIP codes.

How much is property tax in Independence, MO?

The average median annual property tax in Independence is $1,801 per year, with a median home value of $153,375.

Which ZIP code in Independence has the lowest property tax rate?

ZIP code 64050 has the lowest effective tax rate in Independence at 1.07%, with a median annual tax of $1,462.

How many ZIP codes are in Independence, MO?

Independence, Missouri has 8 ZIP codes with property tax data available.

Which ZIP code in Independence has the highest property tax rate?

ZIP code 64054 has the highest effective tax rate in Independence at 1.41%, with a median annual tax of $1,386.

How do Independence property taxes compare to the Missouri average?

Independence's average effective rate of 1.19% is 53% above the Missouri state average of 0.78%.

What factors affect property tax rates between ZIP codes in Independence?

Property tax rate differences within Independence are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.

Tips for Independence Homeowners

  • Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
  • Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
  • Know your assessment cycle: Missouri reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
  • Compare ZIP codes before buying: Even within Independence, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.

Looking for county-level property tax data? View Jackson County on TaxByCounty.com

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.

Estimates are informational only and should not be used as financial or legal advice.

Learn about our data sources and methodology →