Pulaski County Property Taxes
The median property tax rate in Pulaski County is 2.53%, which is significantly higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Pulaski County at $78,651, the typical annual property tax bill reaches $1,990, which is below the national median of $2,690. Property taxes in Pulaski County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Pulaski County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Mound City or another part of Pulaski County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pulaski County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
2.35%
Estimate Property Tax Bill
$4,700
Ownwell’s Pulaski County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Pulaski County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pulaski County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Pulaski County, Illinois
Property taxes in Pulaski County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pulaski County is 2.53%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Pulaski County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pulaski County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Pulaski County's effective property tax rate with the national median. For comparison, the city of Ullin has one of the higher property tax rates in Illinois at 2.53%. Analyzing how Pulaski County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pulaski County Tax Rate
2.53%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across Pulaski County, Illinois
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Pulaski County, Illinois. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Pulaski County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Pulaski County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Pulaski County has a median home price of $78,651, and the median property tax bill is $1,990, with Ullin having both the highest and lowest median tax bills at $1,990.
Average Pulaski County Assessed Value
$78,651
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Bills Across Pulaski County, Illinois
In Pulaski County, IL, property tax bills are determined by calculating a percentage of the assessed value of a property. The assessed value is typically a fraction of the market value, which is determined by local assessors. Homeowners in Pulaski County experience a median property tax bill of $1,990, which is influenced by factors such as property size, location, and improvements. This median tax bill is significantly higher than the national median property tax rate of 0.99%. The tax rate applied to the assessed value is set by local taxing authorities and can vary depending on the funding needs of the county, including public services like schools, infrastructure, and emergency services. For homeowners, this means that their property tax bill can fluctuate based on changes in assessed property values and adjustments in local tax rates. High property taxes can impact homeowners by increasing their overall cost of ownership, potentially affecting housing affordability and influencing decisions on property improvements or sales.
Average Pulaski County Tax Bill
$1,990
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690