63103 Property Tax Rate

Property owners in ZIP code 63103 (Saint Louis, Missouri) pay a median of $2,656/year in property taxes on homes valued at $205,400. This translates to an effective tax rate of 1.29%, which is 66% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63103 is approximately $221, which factors into escrow payments on mortgages. This ZIP code is located within St. Louis city. This is $1,280 more than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 63103 has higher property taxes. ZIP codes with similar effective rates include 64133 (1.30%) and 63123 (1.29%).

In Saint Louis, property taxes represent approximately 7.1% of the median household income of $37,500, providing context for the relative tax burden on homeowners in this area.

Missouri has no statewide property tax cap; your assessed value can increase annually without limit, and the St. Louis City Assessor will reassess at market value upon sale. The Homestead Property Tax Credit exempts up to $15,000 of assessed value for primary residences and saves eligible homeowners hundreds annually — apply with St. Louis City by the state deadline. Contact the St. Louis City Assessor's office within 60 days of purchase to verify your assessment and request a Homestead Certificate to lock in the exemption.