Calhoun County Property Taxes
The median property tax rate in Calhoun County is 2.36%, which is significantly higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Calhoun County, the typical annual property tax bill reaches $1,736, which is below the national median of $2,690. Property taxes in Calhoun County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Calhoun County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Hardin or another part of Calhoun County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Calhoun County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.36%
Estimate Property Tax Bill
$2,032
$1,886
Ownwell’s Calhoun County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Calhoun County with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Calhoun County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities, making it easier to plan your finances. For those interested in more localized information, you can scroll down to explore property tax trends at the city level. Your property's assessed value, determined by the county, includes any applicable exemptions, ensuring a precise calculation of your property tax obligations.
Property Tax Rates Across Calhoun County, Illinois
Property taxes in Calhoun County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Calhoun County is 2.36%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Calhoun County set these rates annually, and they can vary significantly between different areas within the county. Each year, Calhoun County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Calhoun County's effective property tax rate with other counties in Illinois and the national median. For comparison, the city of Okawville has one of the higher property tax rates in Illinois at 2.54%, while the city of Brussels boasts one of the lowest at 2.17%. Analyzing how Calhoun County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Calhoun County Tax Rate
2.36%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Calhoun County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Batchtown | 1.36% | 1.95% | 2.31% | 2.53% | 2.53% |
Brussels | 1.28% | 1.66% | 2.17% | 2.36% | 2.36% |
Columbia | 2.36% | 2.36% | 2.36% | 2.36% | 2.36% |
East Alton | 2.53% | 2.53% | 2.53% | 2.53% | 2.54% |
Godfrey | 2.53% | 2.53% | 2.53% | 2.53% | 2.54% |
Golden Eagle | 1.39% | 1.99% | 2.36% | 2.36% | 2.36% |
Hamburg | 1.34% | 1.98% | 2.51% | 2.53% | 2.54% |
Hardin | 1.29% | 1.94% | 2.32% | 2.53% | 2.53% |
Kampsville | 1.57% | 2.07% | 2.54% | 2.54% | 2.54% |
Michael | 1.48% | 1.65% | 2.34% | 2.53% | 2.53% |
Morton | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% |
Mozier | 1.69% | 2.39% | 2.51% | 2.54% | 2.54% |
Nebo | 1.69% | 1.98% | 2.51% | 2.53% | 2.53% |
Okawville | 2.54% | 2.54% | 2.54% | 2.54% | 2.54% |
Pleasant Hill | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% |
Quincy | 2.53% | 2.53% | 2.53% | 2.53% | 2.53% |
Wood River | 2.54% | 2.54% | 2.54% | 2.54% | 2.54% |
Source: Ownwell
Property Tax Assessment Values Across Calhoun County, Illinois
In Calhoun County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Calhoun Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Calhoun County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Calhoun County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, Quincy has the highest median tax bill at $2,632, while Okawville has the lowest at $284.
Average Calhoun County Assessed Value
$86,121
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Calhoun County, Illinois
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Batchtown | $32,378 | $55,762 | $85,629 | $158,337 | $220,880 |
Brussels | $35,430 | $60,002 | $94,947 | $147,401 | $217,245 |
Columbia | $47,703 | $47,703 | $47,703 | $47,703 | $47,703 |
East Alton | $14,947 | $22,053 | $33,897 | $45,741 | $52,847 |
Godfrey | $55,780 | $62,065 | $72,538 | $83,012 | $89,296 |
Golden Eagle | $18,093 | $47,373 | $92,418 | $166,053 | $244,282 |
Hamburg | $17,053 | $36,023 | $72,789 | $139,347 | $205,558 |
Hardin | $28,820 | $58,668 | $96,978 | $168,441 | $235,318 |
Kampsville | $16,191 | $44,509 | $90,046 | $138,172 | $200,554 |
Michael | $24,803 | $50,654 | $82,092 | $135,652 | $257,589 |
Morton | $42,330 | $42,330 | $42,330 | $42,330 | $42,330 |
Mozier | $19,572 | $28,422 | $53,367 | $90,532 | $163,254 |
Nebo | $16,079 | $40,026 | $83,529 | $153,755 | $209,219 |
Okawville | $11,184 | $11,184 | $11,184 | $11,184 | $11,184 |
Pleasant Hill | $81,618 | $81,618 | $81,618 | $81,618 | $81,618 |
Quincy | $104,091 | $104,091 | $104,091 | $104,091 | $104,091 |
Wood River | $80,568 | $80,568 | $80,568 | $80,568 | $80,568 |
Source: Ownwell
Property Tax Bills Across Calhoun County, Illinois
In Calhoun County, IL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property improvements, neighborhood changes, and market conditions can influence the assessed value. Homeowners in Calhoun County experience a range of property tax bills, with the 25th percentile tax bill at $907 and the 75th percentile reaching $3,046. The highest median tax bill in the region is in Quincy at $2,632, while the lowest is in Okawville at $284. These property taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Calhoun County's rates reflect its unique local economic conditions, affecting how much homeowners pay annually.
Average Calhoun County Tax Bill
$1,736
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Calhoun County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Batchtown | $585 | $1,050 | $1,710 | $3,083 | $4,804 |
Brussels | $637 | $1,052 | $1,651 | $2,712 | $4,633 |
Columbia | $1,125 | $1,125 | $1,125 | $1,125 | $1,125 |
East Alton | $379 | $559 | $859 | $1,160 | $1,340 |
Godfrey | $1,411 | $1,571 | $1,838 | $2,104 | $2,264 |
Golden Eagle | $339 | $967 | $1,819 | $3,179 | $5,343 |
Hamburg | $344 | $795 | $1,475 | $2,601 | $4,411 |
Hardin | $556 | $1,121 | $1,990 | $3,318 | $5,381 |
Kampsville | $355 | $903 | $1,832 | $2,969 | $4,881 |
Michael | $315 | $838 | $1,395 | $2,907 | $6,297 |
Morton | $1,063 | $1,063 | $1,063 | $1,063 | $1,063 |
Mozier | $491 | $717 | $1,115 | $2,007 | $2,343 |
Nebo | $407 | $664 | $1,686 | $3,084 | $4,776 |
Okawville | $284 | $284 | $284 | $284 | $284 |
Pleasant Hill | $2,049 | $2,049 | $2,049 | $2,049 | $2,049 |
Quincy | $2,632 | $2,632 | $2,632 | $2,632 | $2,632 |
Wood River | $2,043 | $2,043 | $2,043 | $2,043 | $2,043 |
Source: Ownwell