Cutler, Perry County, Illinois Property Taxes
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
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.53%
Estimate Property Tax Bill
$755
$701
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.
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%
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 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
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