Bonne Terre, St. Francois County, Missouri Property Taxes
Median Bonne Terre, MO effective property tax rate: 1.02%, aligning with the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Bonne Terre, MO home value: $71,310
Median annual Bonne Terre, MO tax bill: $724, $1,676 lower than the national median property tax bill of $2,400.
How are property taxes in St. Francois County calculated?
Property taxes in Bonne Terre, MO are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bonne Terre’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bonne Terre, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bonne Terre, St. Francois County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.02%
Estimate Property Tax Bill
$727
$675
Property Tax Rates Across Bonne Terre, St. Francois County, Missouri
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bonne Terre Tax Rate
1.02%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective St. Francois County Tax Rate
1.00%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bonne Terre, St. Francois County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63628 | 0.94% | 1.00% | 1.02% | 1.03% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Bonne Terre, St. Francois County, Missouri
When examining property taxes in Bonne Terre, MO, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The St. Francois County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In St. Francois County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bonne Terre. For example, the median home price in Bonne Terre is $71,310, with tax bills ranging significantly across the county. Zip code 63628 has the highest median home price at $71,310.
Property Tax Assessment Values Across Bonne Terre, St. Francois County, Missouri
Source: Ownwell
$24,060
$73,823
$123,585
Median Bonne Terre Market Value
$71,310
Median St. Francois County Market Value
$72,730
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bonne Terre, St. Francois County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63628 | $13,010 | $33,740 | $71,310 | $129,855 | $191,670 |
Source: Ownwell
Property Tax Bills Across Bonne Terre, St. Francois County, Missouri
In Bonne Terre, located in St. Francois County, MO, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to calculate the tax bill. For homeowners in Bonne Terre, the tax bill varies significantly, with the 25th percentile at $343 and the 75th percentile reaching $1,310. This variation is influenced by factors such as property location, market conditions, and any applicable exemptions. The median home price in Bonne Terre is $71,310, which is relatively low compared to national figures. Consequently, the tax bills here may appear more manageable, but they can still represent a significant expense for homeowners.
Ownwell can assist homeowners in Bonne Terre by helping them appeal their property tax assessments and identify available exemptions, potentially reducing their tax burden. By leveraging expert knowledge and experience, Ownwell aims to ensure that homeowners pay only their fair share, offering peace of mind and potential savings.
Median Bonne Terre Tax Bill
$724
Median St. Francois County Tax Bill
$732
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Bonne Terre, St. Francois County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63628 | $133 | $343 | $724 | $1,310 | $1,906 |
Source: Ownwell