Chesterfield, Franklin County, Missouri Property Taxes
Property Taxes in Chesterfield, Missouri
Median Chesterfield, Missouri effective property tax rate: 1.30%, significantly higher than the national median of 1.02%, and higher than the Missouri state median of 1.25%.
Median Chesterfield, Missouri home value: $274,770
Median annual Chesterfield, Missouri tax bill: $3,573, $1,173 higher than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Chesterfield, Missouri 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 Chesterfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chesterfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Chesterfield, Franklin County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.3%
Estimate Property Tax Bill
$3,572
$3,315
How Does the Chesterfield Property Tax Calculator Work?
Use this Chesterfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Chesterfield's median effective tax rate of 1.30% — based on actual property records in Franklin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Chesterfield's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Chesterfield: rates range from 3,573 in 63005 to 3,573 in 63005, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Chesterfield.
About Chesterfield Property Taxes
About Property Taxes in Chesterfield, Franklin, Missouri
Chesterfield’s median effective property tax rate of 1.30% is higher than the Missouri state median of 1.25% and higher than the national median of 1.02%. This rate reflects the Franklin County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Chesterfield. Homeowners in the 63005 ZIP code carry a median effective rate of 1.30%, while those in the same ZIP also pay 1.30%. This reflects how school district boundaries and local assessment districts are drawn across Franklin County. Understanding which part of Chesterfield you live in can make a meaningful difference to your annual tax bill.
Chesterfield homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the July 13, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Chesterfield, Franklin County, Missouri
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Chesterfield's effective property tax rate to other cities in Missouri and the median property tax rates in Missouri and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Chesterfield Tax Rate
1.30%
Our median effective property tax rate (tax bill Ă· 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 Franklin County Tax Rate
1.09%
Median Effective Missouri Tax Rate
1.25%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chesterfield, Franklin County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63005 | 1.26% | 1.30% | 1.30% | 1.30% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Chesterfield, Franklin County, Missouri
When examining property taxes in Chesterfield, Missouri, 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 Franklin County assessor 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.
Assessment notices:
In Franklin County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of {month when notices are sent}.
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 Chesterfield.
For example, the median home price in Chesterfield is $274,770, with tax bills ranging significantly across the county. 63005 has the highest median home price at $274,770.
Property Tax Assessment Values Across Chesterfield, Franklin County, Missouri
Source: Ownwell
$80,560
$347,615
$614,670
Median Chesterfield Market Value
$274,770
Median Franklin County Market Value
$144,980
Median Missouri Market Value
$136,526
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chesterfield, Franklin County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63005 | $209,082 | $223,595 | $274,770 | $367,295 | $524,110 |
Source: Ownwell
Property Tax Bills Across Chesterfield, Franklin County, Missouri
Property tax bills in Chesterfield are based on the assessed value of a home, which is tied to its market value and then multiplied by the local tax rate. For a home with a median market value of $274,770, the bill can vary depending on how the property is classified and the taxing jurisdictions that apply.
The amount homeowners pay is shaped by the assessed value, local levies, and any exemptions that may reduce the final bill. In Chesterfield, property tax bills typically range from $2,908 at the 25th percentile to $4,776 at the 75th percentile, with the 90th percentile reaching $6,606. The median tax bill in ZIP code 63005 is $3,573.
These bills can have a major impact on homeowners because they are often one of the largest ongoing housing costs. Compared with the national median property tax bill of $2,400, Chesterfield homeowners generally face higher property tax payments.
Median Chesterfield Tax Bill
$3,573
Median Franklin County Tax Bill
$1,730
Median Missouri Tax Bill
$1,684
Median United States Tax Bill
$2,400
Property Tax Bills Across Chesterfield, Franklin County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63005 | $2,719 | $2,908 | $3,573 | $4,776 | $6,606 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 13 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | assessor.franklinmo.net |