Huey, Clinton County, Illinois Property Taxes

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

Huey, located in Clinton County, Illinois, experiences a property tax rate significantly higher than the national median. The median property tax rate in Illinois is 2.33%, which is more than double the national median of 1.02%. This places Illinois among the states with the highest property tax rates in the country. For homeowners in Huey, this means property tax bills can be a substantial part of annual expenses, making it essential to explore potential savings through property tax appeals or exemptions. Understanding these dynamics can help residents manage their finances more effectively.

Property tax bills in Huey, located in Clinton County, Illinois, are calculated based on the assessed value of a property. This assessed value is determined by the local tax assessor and is a percentage of the property's market value. In Huey, the median home price stands at $67,680, with property tax bills varying significantly across different percentiles. For instance, the 25th percentile tax bill is $415, while the 75th percentile reaches $2,029, and the 90th percentile peaks at $2,750. These figures highlight the potential financial impact on homeowners, especially when compared to the national median property tax bill of $2,400.

Homeowners in Huey can benefit from Ownwell's expertise in property tax appeal and exemption services. By analyzing each property's assessed value and comparing it to similar properties, Ownwell identifies opportunities for tax savings. This proactive approach can lead to significant reductions in property tax bills, ensuring that homeowners pay only their fair share. With Ownwell's assistance, homeowners can navigate the complexities of property taxes with confidence and ease.