Cutler, Perry County, Illinois Property Taxes

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

Median Cutler, IL effective property tax rate: 1.53%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Cutler, IL home value: $49,365
Median annual Cutler, IL tax bill: $780, $1,620 lower than the national median property tax bill of $2,400.

How are property taxes in Perry calculated?

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

Last Updated March 1, 2025

Cutler, Perry County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.53%

Estimate Property Tax Bill

$755

$701

Ownwell’s Cutler Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cutler with just two data points. By entering your property's estimated assessed value, our calculator applies Cutler’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 Perry County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cutler, Perry County, Illinois

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 Cutler’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

In Cutler, located in Perry County, property owners face an effective property tax rate of 1.53%. This is notably higher than the national median property tax rate of 1.02%, reflecting the local government's budgetary needs and the value of taxable property in the area. Comparatively, the median property tax rate across Illinois also stands at 1.53%, indicating that Cutler's rate aligns with the state average. This is significantly higher than the national median property tax bill of $2400, which can impact homeowners' financial planning. Understanding these rates can help property owners make informed decisions about their investments and financial strategies in the region.

Property Tax Rates Across Cutler, Perry County, Illinois

Source: Ownwell

1.53%

1.73%

1.94%

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 Cutler Taxx Rate

1.53%

Median Effective Perry County Taxx Rate

1.89%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Cutler, Perry County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62238	0.62%	1.06%	1.53%	1.87%	2.27%

Source: Ownwell

Property Tax Assessment Values Across Cutler, Perry County, Illinois

When examining property taxes in Cutler, 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 Perry 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 Perry 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 Cutler.

For example, the median home price in Cutler is $49,365, with tax bills ranging significantly across the county. Zip code 62238 has the highest median home price at $49,365.

Property Tax Assessment Values Across Cutler, Perry County, Illinois

Source: Ownwell

$46,304

$83,846

$121,388

Median Cutler Market Value

$49,365

Median Perry County Market Value

$82,294

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Cutler, Perry County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62238	$19,304	$32,944	$49,365	$82,004	$111,794

Source: Ownwell

Property Tax Bills Across Cutler, Perry County, Illinois

In Cutler, located in Perry County, IL, property tax bills are determined by the assessed value of a home, which is a percentage of its market value. With a median home price of $49,365, local tax rates are applied to this assessed value to calculate property tax bills. The tax bill can vary significantly, ranging from the 25th percentile at $324 to the 90th percentile at $2,385. The median tax bill in this area is $780, which is below the national median of $2,400. Factors such as property location, improvements, and local tax levies influence the final tax bill. For homeowners, these taxes can represent a significant annual expense. However, Ownwell offers valuable assistance by identifying potential savings through property tax appeals and exemptions. By leveraging their expertise, homeowners can potentially reduce their tax burden, ensuring they pay only what is necessary. This service can lead to substantial savings, making it a crucial resource for homeowners aiming to manage their property tax expenses effectively.

Property Tax Bills Across Cutler, Perry County, Illinois

Source: Ownwell

$780

$1,534

$2,287

Median Cutler Tax Bill

$780

Median Perry County Tax Bill

$1,554

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Cutler, Perry County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62238	$189	$324	$780	$1,441	$2,385

Source: Ownwell