Nashville, Perry County, Illinois Property Taxes
Median Nashville, IL effective property tax rate: 1.78%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Nashville, IL home value: $121,388
Median annual Nashville, IL tax bill: $2,287, $113 lower than the national median property tax bill of $2,400.
How are property taxes in Perry County calculated?
Property taxes in Nashville, 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 Nashville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nashville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nashville, Perry County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.78%
Estimate Property Tax Bill
$2,161
$2,005
Property Tax Rates Across Nashville, Perry 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, resulting in the property tax rate. This is the annual process, despite the involvement of votes and laws in setting tax rates and budgets.
In Nashville, Perry County, Illinois, the effective property tax rate stands at 1.78%. This rate is significantly higher than the national median property tax rate of 1.02%. When comparing Nashville to other cities in Illinois, it's clear that the property tax rates are consistent, as Nashville shares the same rate with other areas in the state. The median property tax rate in Illinois is also 1.78%, which aligns with Nashville's rate. This consistency across the state highlights the uniformity in tax assessments, despite the variance often seen in other states.
Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively. By appealing or seeking exemptions, property owners can potentially reduce their tax burden, making it essential to stay informed about local tax trends and regulations.
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 Nashville Taxx Rate
1.78%
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 Nashville, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62263 | 0.57% | 1.39% | 1.78% | 1.88% | 1.93% |
Source: Ownwell
Property Tax Assessment Values Across Nashville, Perry County, Illinois
When examining property taxes in NASHVILLE, 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 NASHVILLE.
For example, the median home price in NASHVILLE is $121,388, with tax bills ranging significantly across the county. ZIP code 62263 has the highest median home price at $121,388.
Property Tax Assessment Values Across Nashville, Perry County, Illinois
Source: Ownwell
$46,304
$83,846
$121,388
Median Nashville Market Value
$121,388
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 Nashville, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62263 | $53,385 | $67,692 | $121,388 | $160,280 | $183,511 |
Source: Ownwell
Property Tax Bills Across Nashville, Perry County, Illinois
Median Nashville Tax Bill
$2,287
Median Perry County Tax Bill
$1,554
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Nashville, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62263 | $183 | $930 | $2,287 | $2,898 | $3,329 |
Source: Ownwell