63463 Property Tax Rate

Property owners in ZIP code 63463 (Philadelphia, Missouri) pay a median of $982/year in property taxes on homes valued at $129,700. This translates to an effective tax rate of 0.76%, which is near the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63463 is approximately $82, which factors into escrow payments on mortgages. This ZIP code is located within Marion County. This is $394 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 63463 has lower property taxes. ZIP codes with similar effective rates include 64779 (0.76%) and 64748 (0.76%).

In Philadelphia, property taxes represent approximately 1.5% of the median household income of $66,875, 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 Marion County 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 Marion County by the state deadline. Contact the Marion County Assessor's office within 60 days of purchase to verify your assessment and request a Homestead Certificate to lock in the exemption.