63601 Property Tax Rate

Property owners in ZIP code 63601 (Park Hills, Missouri) pay a median of $971/year in property taxes on homes valued at $114,400. This translates to an effective tax rate of 0.85%, which is 9% above the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63601 is approximately $81, which factors into escrow payments on mortgages. This ZIP code is located within St. Francois County. This is $405 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 63601 has higher property taxes. ZIP codes with similar effective rates include 65109 (0.85%) and 63845 (0.85%).

In Park Hills, property taxes represent approximately 1.7% of the median household income of $56,798, 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. Francois 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 St. Francois County by the state deadline. Contact the St. Francois County Assessor's office within 60 days of purchase to verify your assessment and request a Homestead Certificate to lock in the exemption.