South Roxana, Madison County, Illinois Property Taxes

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

Median South Roxana, IL effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median South Roxana, IL home value: $56,456
Median annual South Roxana, IL tax bill: $1,116, $1,284 lower than the national median property tax bill of $2,400.

How are property taxes in Madison calculated?

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

Last Updated March 1, 2025

South Roxana, Madison County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.15%

Estimate Property Tax Bill

$1,214

$1,126

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

By entering your property's estimated assessed value, our calculator applies South Roxana’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 Madison County.

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

Property Tax Rates Across South Roxana, Madison County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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.

In South Roxana, located in Madison County, Illinois, the effective property tax rate stands at 2.15%, which is significantly higher than the national median of 1.02%. This rate reflects the local government's budget needs and the total taxable property value within the area. The property tax rate in South Roxana is not only the highest in its zip code of 62087 but also matches the lowest rate within the same area, indicating a uniformity in the tax rate across the region. Compared to the U.S. median property tax bill of $2400, property owners in South Roxana might find their tax obligations notably higher, emphasizing the importance of exploring property tax appeal and exemption services to potentially reduce these costs.

Property Tax Rates Across South Roxana, Madison County, Illinois

Source: Ownwell

1.66%

3.31%

4.95%

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 South Roxana Taxx Rate

2.15%

Median Effective Madison County Taxx Rate

2.17%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across South Roxana, Madison County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62087	0.97%	1.67%	2.15%	2.74%	2.74%

Source: Ownwell

Property Tax Assessment Values Across South Roxana, Madison County, Illinois

When examining property taxes in South Roxana, 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 Madison County Assessor's Office 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 Madison 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 South Roxana. For example, the median home price in South Roxana is $56,456, with tax bills ranging significantly across the county. 62087 has the highest median home price at $56,456.

Property Tax Assessment Values Across South Roxana, Madison County, Illinois

Source: Ownwell

$19,910

$137,778

$255,646

Median South Roxana Market Value

$56,456

Median Madison County Market Value

$128,259

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across South Roxana, Madison County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62087	$22,088	$40,022	$56,456	$74,009	$96,253

Source: Ownwell

Property Tax Bills Across South Roxana, Madison County, Illinois

In South Roxana, located in Madison County, IL, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property improvements and neighborhood changes can influence the assessed value, potentially increasing the tax burden for homeowners. In South Roxana, the median property tax bill is $1,116, which is lower than the national median of $2,400. However, there is a range in tax bills, with the 25th percentile at $645 and the 90th percentile reaching $2,231. This variability can impact homeowners significantly, especially if their property is assessed at the higher end of the spectrum. Ownwell offers expert property tax appeal services to help homeowners in South Roxana potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in achieving fairer tax rates, offering financial relief to homeowners.

Property Tax Bills Across South Roxana, Madison County, Illinois

Source: Ownwell

$614

$2,981

$5,348

Median South Roxana Tax Bill

$1,116

Median Madison County Tax Bill

$2,705

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across South Roxana, Madison County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62087	$367	$645	$1,116	$1,597	$2,231

Source: Ownwell