Piasa, Macoupin County, Illinois Property Taxes
Median Piasa, IL effective property tax rate: 1.84%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Piasa, IL home value: $77,721
Median annual Piasa, IL tax bill: $1,519, $881 lower than the national median property tax bill of $2,400.
How are property taxes in Macoupin calculated?
Property taxes in Piasa, 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 Piasa’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Piasa, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Piasa, Macoupin County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.84%
Estimate Property Tax Bill
$1,430
$1,327
Property Tax Rates Across Piasa, Macoupin County, Illinois
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 Piasa Tax Rate
1.84%
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 Macoupin County Tax Rate
1.93%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Piasa, Macoupin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62079 | 1.15% | 1.58% | 1.84% | 2.22% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Piasa, Macoupin County, Illinois
When examining property taxes in Piasa, Illinois, 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 Piasa.
For example, the median home price in Piasa is $77,721, with tax bills ranging significantly across the county. Zip code 62079 has the highest median home price at $77,721.
Property Tax Assessment Values Across Piasa, Macoupin County, Illinois
Source: Ownwell
$25,616
$109,649
$193,682
Median Piasa Market Value
$77,721
Median Macoupin County Market Value
$80,204
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Piasa, Macoupin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62079 | $26,076 | $53,504 | $77,721 | $112,376 | $161,205 |
Source: Ownwell
Property Tax Bills Across Piasa, Macoupin County, Illinois
In Piasa, located in Macoupin County, IL, property tax bills are calculated based on the assessed value of a home. This value is determined by the local assessor and typically represents a percentage of the property's market value. Homeowners in Piasa face a median property tax bill of $1,519, which is relatively lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $738 and the 90th percentile reaching up to $2,734. These variations are influenced by factors such as property location, size, and local tax rates.
High property taxes can place a financial burden on homeowners, making it essential to explore ways to reduce them. Ownwell offers expert property tax appeal services, helping homeowners in Piasa potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in filing appeals to ensure fair taxation. This not only saves money but also provides peace of mind, knowing that property taxes are accurately assessed.
Median Piasa Tax Bill
$1,519
Median Macoupin County Tax Bill
$1,490
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Piasa, Macoupin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62079 | $291 | $738 | $1,519 | $1,915 | $2,734 |
Source: Ownwell