63673 Property Tax Rate

Property owners in ZIP code 63673 (Saint Mary, Missouri) pay a median of $1,298/year in property taxes on homes valued at $217,000. This translates to an effective tax rate of 0.60%, which is 23% below the Missouri state average of 0.78%.

The monthly property tax burden for a median-valued home in 63673 is approximately $108, which factors into escrow payments on mortgages. This ZIP code is located within Ste. Genevieve County.

Compared to similar ZIP codes in Missouri, 63673 has higher property taxes. ZIP codes with similar effective rates include 63953 (0.60%) and 65017 (0.60%).

In Saint Mary, property taxes represent approximately 1.7% of the median household income of $75,000, providing context for the relative tax burden on homeowners in this area.

Missouri reassesses all property to market value at sale without state-mandated caps on increases, so your tax obligation will be based on the current fair market value upon purchase. Ste. Genevieve County residents qualify for Homestead Exemption and Over-65 Senior Exemption programs — contact the Ste. Genevieve County Assessor immediately after closing to file applications and reduce your taxable assessed value. Obtain your Assessment Notice of Value within 30 days, compare it to recent comparable sales, and file a formal appeal with the Ste. Genevieve County Board of Equalization by the deadline if the assessment seems excessive.