Casey, Clark County, Illinois Property Taxes

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

Median Casey, IL effective property tax rate: 2.27%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Casey, IL home value: $64,964
Median annual Casey, IL tax bill: $1,360, $1,040 lower than the national median property tax bill of $2,400.

How are property taxes in Clark County calculated?

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

Last Updated March 1, 2025

Casey, Clark County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.27%

Estimate Property Tax Bill

$1,475

$1,368

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

Property Tax Rates Across Casey, Clark County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual budgetary needs for services, which are divided by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates, this is essentially the yearly process.

Casey in Clark County, Illinois, has an effective property tax rate that stands out when compared to other cities in Illinois and the national median. With a rate of 2.27%, Casey's property tax rate is significantly higher than the national median property tax rate of 1.02%. This high rate reflects the local government's need to meet budgetary requirements through property taxes, impacting homeowners and potential buyers in the area.

For residents and property owners in Casey, understanding this rate is crucial for financial planning and property investment decisions. Comparing Casey's property tax rate to other regions highlights the importance of property tax appeals and exemptions, especially in areas with higher rates.

Property Tax Rates Across Casey, Clark County, Illinois

Source: Ownwell

1.93%

2.20%

2.46%

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 Casey Tax Rate

2.27%

Median Effective Clark County Tax Rate

2.09%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Casey, Clark County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62420	1.16%	1.85%	2.27%	2.87%	2.87%

Source: Ownwell

Property Tax Assessment Values Across Casey, Clark County, Illinois

When examining property taxes in Casey, 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 Clark 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 Clark 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 Casey.

For example, the median home price in Casey is $64,964, with tax bills ranging significantly across the county. Zip code 62420 has the highest median home price at $64,964.

Property Tax Assessment Values Across Casey, Clark County, Illinois

Source: Ownwell

$46,682

$68,260

$89,838

Median Casey Market Value

$64,964

Median Clark County Market Value

$71,601

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Casey, Clark County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62420	$16,241	$35,138	$64,964	$102,596	$150,431

Source: Ownwell

Property Tax Bills Across Casey, Clark County, Illinois

In Casey, located in Clark County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to calculate the tax bill. For homeowners in Casey, the median home price is $64,964. The median property tax bill in this area is $1,360, which is notably below the national median of $2,400. Tax bills can vary significantly, with those at the 25th percentile paying around $667, while those at the 90th percentile may see bills as high as $3,633. These variations can have a substantial impact on homeowners, affecting their monthly budgets and overall financial health. Ownwell can assist homeowners in Casey by providing expert property tax appeal services. By analyzing the assessed value and ensuring it aligns with the true market value, Ownwell helps homeowners potentially lower their tax bills, ensuring they are not overpaying and can save money in the long run.

Property Tax Bills Across Casey, Clark County, Illinois

Source: Ownwell

$866

$1,374

$1,881

Median Casey Tax Bill

$1,360

Median Clark County Tax Bill

$1,431

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Casey, Clark County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62420	$310	$667	$1,360	$2,306	$3,633

Source: Ownwell