63628 Property Tax Rate

Property owners in ZIP code 63628 (Bonne Terre, Missouri) pay a median of $1,172/year in property taxes on homes valued at $171,000. This translates to an effective tax rate of 0.69%, which is 12% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63628 is approximately $98, which factors into escrow payments on mortgages. This ZIP code is located within St. Francois County. This is $204 less than the Missouri average of $1,376/year.

Compared to similar ZIP codes in Missouri, 63628 has lower property taxes. ZIP codes with similar effective rates include 64862 (0.69%) and 63637 (0.68%).

In Bonne Terre, property taxes represent approximately 2.0% of the median household income of $59,237, 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.