Mc Clure, Alexander County, Illinois Property Taxes

Name: Property Tax Bills Across Mc Clure, Alexander County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median MC CLURE, IL effective property tax rate: 3.59%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median MC CLURE, IL home value: $55,146. Median annual MC CLURE, IL tax bill: $1,833, $567 lower than the national median property tax bill of $2,400. How are property taxes in Alexander calculated? Property taxes in MC CLURE, IL 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 MC CLURE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in MC CLURE, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mc Clure, Alexander County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.59%

Estimate Property Tax Bill

$1,980

$1,837

Ownwell’s MC CLURE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in MC CLURE with just two data points. By entering your property's estimated assessed value, our calculator applies MC CLURE’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 Alexander County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mc Clure, Alexander County, Illinois

Local government entities set tax rates, which can vary widely within a state. This is 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 MC CLURE’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

In MC CLURE, located in Alexander County, the median property tax rate is 3.59%. This rate is significantly higher than the national median property tax rate of 1.02%. The high tax rate in MC CLURE reflects the county’s budgetary needs and the value of taxable property within its jurisdiction. Homeowners in MC CLURE face one of the highest property tax rates in the state, which can impact overall affordability. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Mc Clure, Alexander County, Illinois

Source: Ownwell

2.04%

3.92%

5.81%

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 Mc Clure Taxx Rate

3.59%

Median Effective Alexander County Taxx Rate

2.47%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Mc Clure, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62957	1.69%	2.80%	3.59%	4.19%	4.57%

Source: Ownwell

Property Tax Assessment Values Across Mc Clure, Alexander County, Illinois

When examining property taxes in MC CLURE, IL, 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 Alexander 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. Assessment notices: In Alexander 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 MC CLURE. For example, the median home price in MC CLURE is $55,146, with tax bills ranging significantly across the county. 62957 has the highest median home price at $55,146.

Property Tax Assessment Values Across Mc Clure, Alexander County, Illinois

Source: Ownwell

$9,579

$32,363

$55,146

Median Mc Clure Market Value

$55,146

Median Alexander County Market Value

$44,430

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Mc Clure, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62957	$16,620	$26,676	$55,146	$109,773	$212,632

Source: Ownwell

Property Tax Bills Across Mc Clure, Alexander County, Illinois

In MC Clure, located in Alexander County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. These assessments consider factors such as the property's location, size, and market conditions. With a median home price of $55,146, the property tax bills can vary significantly. For instance, the 25th percentile tax bill is $629, while the 75th percentile reaches $4,555, highlighting the range of potential tax obligations homeowners may face. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, MC Clure's tax rates can be considered relatively moderate or high depending on the percentile. This variability can impact homeowners' financial planning and budgeting. Ownwell offers valuable assistance by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing local assessments and market conditions, Ownwell can identify discrepancies and advocate for fairer tax evaluations, ultimately helping homeowners save on their property tax expenses.

Property Tax Bills Across Mc Clure, Alexander County, Illinois

Source: Ownwell

$457

$1,145

$1,833

Median Mc Clure Tax Bill

$1,833

Median Alexander County Tax Bill

$956

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Mc Clure, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62957	$447	$629	$1,833	$4,555	$7,624

Source: Ownwell