Foley, Lincoln County, Missouri Property Taxes
Median Foley, MO effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Missouri state median of 1.20%.
Median Foley, MO home value: $60,430
Median annual Foley, MO tax bill: $663, $1,737 lower than the national median property tax bill of $2,400.
How are property taxes in Lincoln County calculated?
Property taxes in Foley, 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 Foley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Foley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Foley, Lincoln County, Missouri Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.09%
Estimate Property Tax Bill
$659
$611
Property Tax Rates Across Foley, Lincoln County, Missouri
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation is due to each county annually estimating its required budget to provide necessary services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essential yearly process.
In Foley, located in Lincoln County, Missouri, the effective property tax rate can be compared to other cities in Missouri and the median property tax rates in the state and the U.S. Missouri's median property tax rate stands at 1.09%, which is slightly above the national median of 1.02%. This comparison provides valuable insights into how Foley's property tax rate aligns with broader state and national trends, offering property owners a clearer understanding of their tax obligations relative to other regions.
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 Foley Tax Rate
1.09%
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 Lincoln County Tax Rate
1.17%
Median Effective Missouri Tax Rate
1.20%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Foley, Lincoln County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63347 | 1.07% | 1.09% | 1.09% | 1.09% | 1.18% |
Source: Ownwell
Property Tax Assessment Values Across Foley, Lincoln County, Missouri
When examining property taxes in Foley, 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 Lincoln 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 Lincoln County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Foley. For example, the median home price in Foley is $60,430, with tax bills ranging significantly across the county. Zip code 63347 has the highest median home price at $60,430.
Property Tax Assessment Values Across Foley, Lincoln County, Missouri
Source: Ownwell
$21,050
$97,970
$174,890
Median Foley Market Value
$60,430
Median Lincoln County Market Value
$149,220
Median Missouri Market Value
$129,505
Median United States Market Value
$235,294
Property Tax Assessment Values Across Foley, Lincoln County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63347 | $1,453 | $21,000 | $60,430 | $146,035 | $239,081 |
Source: Ownwell
Property Tax Bills Across Foley, Lincoln County, Missouri
Median Foley Tax Bill
$663
Median Lincoln County Tax Bill
$1,734
Median Missouri Tax Bill
$1,606
Median United States Tax Bill
$2,400
Property Tax Bills Across Foley, Lincoln County, Missouri
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 63347 | $18 | $230 | $663 | $1,589 | $2,605 |
Source: Ownwell
