Pinckneyville, Perry County, Illinois Property Taxes
Median Pinckneyville, IL effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Pinckneyville, IL home value: $94,928
Median annual Pinckneyville, IL tax bill: $1,841, $559 lower than the national median property tax bill of $2,400.
How are property taxes in Perry County calculated?
Property taxes in Pinckneyville, 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 Pinckneyville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pinckneyville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Pinckneyville, Perry County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.94%
Estimate Property Tax Bill
$1,842
$1,709
Property Tax Rates Across Pinckneyville, Perry County, Illinois
Local government entities play a crucial role in setting property tax rates, which can significantly vary within Illinois. This variation is due to each county's annual process of estimating its budgetary needs to provide essential services and dividing that by the total assessed value of all taxable property in its area. This calculation determines the property tax rate. While votes and laws influence these rates and budgets, this is the simplified annual process.
In Pinckneyville, located in Perry County, the effective property tax rate stands at 1.94%. This is notably higher than the national median property tax rate of 1.02%. The property tax rate in Pinckneyville is not only higher than the national average but also matches the highest and lowest median tax rates within its own zip code, 62274. This highlights the variability and significance of property tax rates in Illinois compared to the rest of the country. Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions.
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 Pinckneyville Taxx Rate
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 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 Pinckneyville, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62274 | 0.97% | 1.56% | 1.94% | 2.30% | 2.57% |
Source: Ownwell
Property Tax Assessment Values Across Pinckneyville, Perry County, Illinois
When examining property taxes in Pinckneyville, 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 Pinckneyville. For example, the median home price in Pinckneyville is $94,928, with tax bills ranging significantly across the county. Zip code 62274 has the highest median home price at $94,928.
Property Tax Assessment Values Across Pinckneyville, Perry County, Illinois
Source: Ownwell
$46,304
$83,846
$121,388
Median Pinckneyville Market Value
$94,928
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 Pinckneyville, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62274 | $42,801 | $64,470 | $94,928 | $137,808 | $178,361 |
Source: Ownwell
Property Tax Bills Across Pinckneyville, Perry County, Illinois
In Pinckneyville, located in Perry County, IL, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Homeowners in Pinckneyville experience a range of tax bills, with 25% of them paying around $1,023, while those at the 75th percentile face bills of approximately $2,882. The highest median tax bill in the area is $1,841, which is below the national median property tax bill of $2,400.
Factors influencing these tax bills include changes in property values and local government budgets. For homeowners, these taxes can significantly impact annual housing costs. Ownwell assists homeowners in Pinckneyville by providing property tax appeal services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying, allowing them to achieve savings on their property tax bills.
Median Pinckneyville Tax Bill
$1,841
Median Perry County Tax Bill
$1,554
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Pinckneyville, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62274 | $500 | $1,023 | $1,841 | $2,882 | $3,952 |
Source: Ownwell