Alton, Macoupin County, Illinois Property Taxes

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

Median Alton, IL effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Alton, IL home value: $146,520
Median annual Alton, IL tax bill: $2,332, $68 lower than the national median property tax bill of $2,400.

How are property taxes in Macoupin calculated?

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

Last Updated March 1, 2025

Alton, Macoupin County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.8%

Estimate Property Tax Bill

$2,637

$2,447

Ownwell’s Alton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Alton with just two data points.

By entering your property's estimated assessed value, our calculator applies Alton’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 Macoupin County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Alton, Macoupin County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell. In Alton, located in Macoupin County, IL, the effective property tax rate is a notable figure. When compared to other cities in Illinois and the national median, Alton’s rate reflects the unique economic and budgetary demands of the area. Understanding these differences is crucial for property owners, as it affects the overall cost of owning property. The national median property tax rate is 1.02%, and the median property tax bill stands at $2,400. By comparing these figures, property owners can better assess their financial obligations and make informed decisions about property investments.

Property Tax Rates Across Alton, Macoupin County, Illinois

Source: Ownwell

1.27%

1.88%

2.49%

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 Alton Taxx Rate

1.80%

Median Effective Macoupin County Taxx Rate

1.93%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Alton, Macoupin County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62002	1.11%	1.67%	1.80%	1.90%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Alton, Macoupin County, Illinois

When examining property taxes in Alton, 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 Macoupin 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 Macoupin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Alton.

For example, the median home price in Alton is $146,520, with tax bills ranging significantly across the county. Zip code 62002 has the highest median home price at $146,520.

Property Tax Assessment Values Across Alton, Macoupin County, Illinois

Source: Ownwell

$25,616

$109,649

$193,682

Median Alton Market Value

$146,520

Median Macoupin County Market Value

$80,204

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Alton, Macoupin County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62002	$47,423	$101,382	$146,520	$185,997	$228,863

Source: Ownwell

Property Tax Bills Across Alton, Macoupin County, Illinois

In Alton, located in Macoupin County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is evaluated periodically. Factors such as changes in market conditions and property improvements can influence this valuation. Homeowners in Alton face a median property tax bill of $2,332, which is below the national median of $2,400, yet the rate can vary. For instance, the tax bill at the 25th percentile is $1,557, while at the 90th percentile, it reaches $4,397. These variations highlight the impact of property value assessments and local tax rates on individual tax bills.

Ownwell assists homeowners by analyzing their property tax assessments, identifying potential errors, and filing appeals to ensure fair taxation. By leveraging expert knowledge and data-driven insights, Ownwell helps homeowners potentially reduce their property tax bills, ensuring they only pay their fair share. This service can be particularly beneficial for those facing higher tax bills in the upper percentiles.

Property Tax Bills Across Alton, Macoupin County, Illinois

Source: Ownwell

$378

$1,651

$2,923

Median Alton Tax Bill

$2,332

Median Macoupin County Tax Bill

$1,490

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Alton, Macoupin County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62002	$623	$1,557	$2,332	$3,415	$4,397

Source: Ownwell