Wilsonville, Macoupin County, Illinois Property Taxes
Median Wilsonville, IL effective property tax rate: 1.83%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Wilsonville, IL home value: $45,195
Median annual Wilsonville, IL tax bill: $725, $1,675 lower than the national median property tax bill of $2,400.
How are property taxes in Macoupin calculated?
Property taxes in Wilsonville, 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 Wilsonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wilsonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wilsonville, Macoupin County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.83%
Estimate Property Tax Bill
$827
$767
Property Tax Rates Across Wilsonville, Macoupin County, Illinois
Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its necessary 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 these rates and budgets, this is essentially the annual process.
In Wilsonville, located in Macoupin County, Illinois, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in Illinois is 1.83%, which is considerably higher than the national median of 1.02%. This means homeowners in Illinois, including those in Wilsonville, generally pay more in property taxes than the average U.S. homeowner. The higher tax rate in Illinois reflects the state's approach to funding essential services through property taxes. Comparing Wilsonville's rate to both the state and national medians provides valuable insight into the local tax landscape, helping homeowners understand their financial obligations and the factors influencing their property tax bills.
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 Wilsonville Taxx Rate
1.83%
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 Taxx Rate
1.93%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Wilsonville, Macoupin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62093 | 0.84% | 1.29% | 1.83% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Wilsonville, Macoupin County, Illinois
When examining property taxes in Wilsonville, 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 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 Wilsonville.
For example, the median home price in Wilsonville is $45,195, with tax bills ranging significantly across the county. Zip code 62093 has the highest median home price at $45,195.
Property Tax Assessment Values Across Wilsonville, Macoupin County, Illinois
Source: Ownwell
$25,616
$109,649
$193,682
Median Wilsonville Market Value
$45,195
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 Wilsonville, Macoupin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62093 | $16,776 | $33,332 | $45,195 | $64,666 | $93,614 |
Source: Ownwell
Property Tax Bills Across Wilsonville, Macoupin County, Illinois
Median Wilsonville Tax Bill
$725
Median Macoupin County Tax Bill
$1,490
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Wilsonville, Macoupin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62093 | $237 | $400 | $725 | $1,120 | $1,632 |
Source: Ownwell