Ullin, Alexander County, Illinois Property Taxes

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

Median Ullin, IL effective property tax rate: 2.69%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Ullin, IL home value: $39,954
Median annual Ullin, IL tax bill: $1,035, $1,365 lower than the national median property tax bill of $2,400.

How are property taxes in Alexander calculated?

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

Last Updated March 1, 2025

Ullin, Alexander County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.69%

Estimate Property Tax Bill

$1,075

$997

Ownwell’s Ullin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ullin with just two data points. By entering your property's estimated assessed value, our calculator applies Ullin’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 Ullin, 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, resulting 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. In Ullin, located in Alexander County, Illinois, the effective property tax rate is significantly higher than the national median of 1.02%. This difference highlights the importance of understanding local tax dynamics, as they can have a substantial impact on property owners' finances. When comparing Ullin's property tax rate to other cities in Illinois and the median rates in the state and the U.S., it becomes evident that property taxes can vary significantly, even within a single state. This variability underscores the necessity for property owners to stay informed about their local tax rates and consider appealing their property tax assessments if they believe they are being overcharged.

Property Tax Rates Across Ullin, 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 Ullin Taxx Rate

2.69%

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 Ullin, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62992	0.90%	2.23%	2.69%	3.03%	3.71%

Source: Ownwell

Property Tax Assessment Values Across Ullin, Alexander County, Illinois

When examining property taxes in Ullin, 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.

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 Ullin.

For example, the median home price in Ullin is $39,954, with tax bills ranging significantly across the county. Zip code 62992 has the highest median home price at $39,954.

Property Tax Assessment Values Across Ullin, Alexander County, Illinois

Source: Ownwell

$9,579

$32,363

$55,146

Median Ullin Market Value

$39,954

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 Ullin, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62992	$9,254	$16,530	$39,954	$51,198	$70,834

Source: Ownwell

Property Tax Bills Across Ullin, Alexander County, Illinois

In Ullin, Alexander County, IL, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is typically a fraction of the market value, and the tax rate is set by local government entities. Homeowners in Ullin face a median property tax bill of $1,035, which is lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile paying around $463 and the 90th percentile reaching up to $1,924. Factors influencing these variations include property size, location, and any applicable exemptions or deductions. High property taxes can strain homeowners' budgets, making it essential to ensure accurate assessments. Ownwell assists homeowners by identifying potential errors in property assessments and filing appeals to correct them, potentially leading to significant savings. By leveraging expertise in local tax codes and providing personalized guidance, Ownwell helps homeowners reduce their property tax burdens, ensuring they only pay their fair share.

Property Tax Bills Across Ullin, Alexander County, Illinois

Source: Ownwell

$457

$1,145

$1,833

Median Ullin Tax Bill

$1,035

Median Alexander County Tax Bill

$956

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Ullin, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62992	$196	$463	$1,035	$1,580	$1,924

Source: Ownwell