Labadie, Franklin County, Missouri Property Taxes

Name: Property Tax Bills Across Labadie, Franklin County, Missouri
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Labadie, MO effective property tax rate: 1.25%, significantly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Labadie, MO home value: $190,960
Median annual Labadie, MO tax bill: $2,648, $248 higher than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

Property taxes in Labadie, 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 Labadie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Labadie, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Labadie, Franklin County, Missouri Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.25%

Estimate Property Tax Bill

$2,387

$2,215

Ownwell’s Labadie Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Labadie with just two data points. By entering your property's estimated assessed value, our calculator applies Labadie’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Franklin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Labadie, Franklin County, Missouri

Local government entities set tax rates, which can vary widely within a state. This variance occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this is the essence of the annual process.

In LABADIE, located in Franklin County, Missouri, property tax rates reflect this localized approach. When comparing LABADIE's effective property tax rate to other cities in Missouri, it's interesting to note how it aligns with or differs from both state and national medians. Missouri's median property tax rate is 1.25%, which is higher than the national median of 1.02%. This means that property owners in LABADIE may experience tax rates that are higher than the national average, potentially impacting their overall property tax bills. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Labadie, Franklin County, Missouri

Source: Ownwell

0.93%

1.18%

1.42%

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 Labadie Tax Rate

1.25%

Median Effective Franklin County Tax Rate

1.08%

Median Effective Missouri Tax Rate

1.20%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Labadie, Franklin County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
63055	1.21%	1.25%	1.25%	1.28%	1.35%

Source: Ownwell

Property Tax Assessment Values Across Labadie, Franklin County, Missouri

When examining property taxes in Labadie, 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 Appraisal District 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 Franklin 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 Labadie. For example, the median home price in Labadie is $190,960, with tax bills ranging significantly across the county. Zip code 63055 has the highest median home price at $190,960.

Property Tax Assessment Values Across Labadie, Franklin County, Missouri

Source: Ownwell

$94,900

$354,785

$614,670

Median Labadie Market Value

$190,960

Median Franklin County Market Value

$143,800

Median Missouri Market Value

$129,505

Median United States Market Value

$235,294

Property Tax Assessment Values Across Labadie, Franklin County, Missouri

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
63055	$15,280	$125,530	$190,960	$276,410	$381,080

Source: Ownwell

Property Tax Bills Across Labadie, Franklin County, Missouri

In Labadie, located in Franklin County, MO, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value of the property, and this value is then multiplied by the tax rate to calculate the tax bill. Homeowners in Labadie face a median property tax bill of $2,648, which is above the national median of $2,400. Tax bills can vary significantly, with the 25th percentile at $1,873 and the 75th percentile reaching $3,637, while the 90th percentile tax bill is $4,856. These variations can impact homeowners' financial planning, especially when the tax bill exceeds the national average. Ownwell assists homeowners by evaluating their property assessments and identifying potential discrepancies or opportunities for exemptions. By appealing inaccurate assessments, Ownwell can help reduce property tax burdens, ensuring homeowners pay only their fair share. This service not only saves money but also provides peace of mind in managing property expenses.

Property Tax Bills Across Labadie, Franklin County, Missouri

Source: Ownwell

$989

$4,350

$7,711

Median Labadie Tax Bill

$2,648

Median Franklin County Tax Bill

$1,687

Median Missouri Tax Bill

$1,606

Median United States Tax Bill

$2,400

Property Tax Bills Across Labadie, Franklin County, Missouri

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
63055	$1,390	$1,873	$2,648	$3,637	$4,856

Source: Ownwell