Wildwood, Franklin County, Missouri Property Taxes
Median Wildwood, 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 Wildwood, MO home value: $305,605
Median annual Wildwood, MO tax bill: $3,768, $1,368 higher than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Wildwood, 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 Wildwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wildwood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wildwood, Franklin County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.25%
Estimate Property Tax Bill
$3,820
$3,545
Property Tax Rates Across Wildwood, Franklin County, Missouri
Local government entities determine tax rates, leading to significant variations across a state. Each county estimates its budget to fund essential services and divides it by the total value of all taxable property within its borders, resulting in the property tax rate. Though the process involves votes and laws, this is essentially how annual property tax rates are determined.
In Wildwood, located in Franklin County, Missouri, property owners face an effective property tax rate that is slightly above the national median of 1.02%. This rate reflects the county's financial needs and the total assessed value of properties. Comparing Wildwood's tax rate to other cities in Missouri, it's clear that local factors significantly influence property tax obligations. Missouri's median property tax rate is 1.25%, indicating that while Wildwood's rate might be higher or lower than some neighboring cities, it remains competitive within the state. Understanding these variations can help property owners in Wildwood make informed decisions about their property investments and potential tax appeals.
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 Wildwood Tax Rate
1.25%
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 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 Wildwood, Franklin County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63005 | N/A | N/A | N/A | N/A | N/A |
| 63069 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Wildwood, Franklin County, Missouri
When examining property taxes in Wildwood, 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 Franklin 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 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 Wildwood. For example, the median home price in Wildwood is $305,605, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Wildwood, Franklin County, Missouri
Source: Ownwell
$94,900
$354,785
$614,670
Median Wildwood Market Value
$305,605
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 Wildwood, Franklin County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63005 | N/A | N/A | N/A | N/A | N/A |
| 63069 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Wildwood, Franklin County, Missouri
In Wildwood, Franklin County, MO, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $305,605, and the property tax rate is higher than the national median of 1.02%. Homeowners in Wildwood face a median property tax bill that can range significantly, with the 25th percentile at $2,731 and the 75th percentile reaching $4,275. For those in the 90th percentile, the tax bill can soar to $5,148. These figures highlight the substantial impact of property taxes on homeowners' budgets.
Various factors, including the property's assessed value and any applicable exemptions, influence the final tax bill. Homeowners can find this financial burden challenging, especially when faced with increasing property values. Ownwell offers a solution by providing professional property tax appeal and exemption services. By leveraging expert knowledge and local market insights, Ownwell helps homeowners in Wildwood potentially lower their property tax bills, ensuring they only pay their fair share.
Median Wildwood Tax Bill
$3,768
Median Franklin County Tax Bill
$1,687
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Wildwood, Franklin County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63005 | N/A | N/A | N/A | N/A | N/A |
| 63069 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell