Raleigh, Saline County, Illinois Property Taxes

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

Median Raleigh, IL effective property tax rate: 2.36%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Raleigh, IL home value: $94,490
Median annual Raleigh, IL tax bill: $2,080, $320 lower than the national median property tax bill of $2,400.

How are property taxes in Saline calculated?

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

Last Updated March 1, 2025

Raleigh, Saline County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.36%

Estimate Property Tax Bill

$2,230

$2,069

Ownwell’s Raleigh Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Raleigh with just two data points.

By entering your property's estimated assessed value, our calculator applies Raleigh’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 Saline.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Raleigh, Saline County, Illinois

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budget to provide community services and divide it by the total value of all taxable property within their jurisdiction. This process results in the property tax rate. While votes and legislation play a role in determining tax rates and budgets, this is the core of the annual procedure.

In Raleigh, located in Saline County, Illinois, the effective property tax rate stands out compared to other cities in Illinois and the national average. The median property tax rate in Illinois is notably higher than the national median of 1.02%. This can lead to higher property tax bills for homeowners in Illinois compared to other parts of the country.

Understanding these differences is crucial for property owners who are considering appealing their property tax assessments. By comparing Raleigh’s property tax rate to other cities in Illinois and the national average, homeowners can better assess their tax situation and explore potential savings through appeals or exemptions.

Property Tax Rates Across Raleigh, Saline County, Illinois

Source: Ownwell

2.26%

2.46%

2.66%

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 Raleigh Taxx Rate

2.36%

Median Effective Saline County Taxx Rate

2.49%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Raleigh, Saline County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62977	1.21%	2.07%	2.36%	2.98%	3.44%

Source: Ownwell

Property Tax Assessment Values Across Raleigh, Saline County, Illinois

When examining property taxes in Raleigh, Illinois, 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 Saline County Assessor's Office 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 Saline County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Raleigh. For example, the median home price in Raleigh is $94,490, with tax bills ranging significantly across the county. The zip code 62977 has the highest median home price at $94,490.

Property Tax Assessment Values Across Raleigh, Saline County, Illinois

Source: Ownwell

$49,964

$72,227

$94,490

Median Raleigh Market Value

$94,490

Median Saline County Market Value

$61,146

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Raleigh, Saline County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62977	$11,073	$39,945	$94,490	$147,370	$187,363

Source: Ownwell

Property Tax Bills Across Raleigh, Saline County, Illinois

In Raleigh, Saline County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the final tax bill. The median home price in the area is $94,490, and homeowners can expect tax bills ranging from $938 at the 25th percentile to $4,748 at the 90th percentile. This variability can significantly impact homeowners, making it crucial to ensure that their property is assessed accurately. With a national median property tax rate of 1.02%, homeowners in Raleigh may find their tax bills higher than the national average, highlighting the importance of seeking potential reductions. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax obligations. By reviewing assessments and filing appeals, Ownwell helps ensure that homeowners pay only their fair share, easing the financial burden of property taxes.

Property Tax Bills Across Raleigh, Saline County, Illinois

Source: Ownwell

$1,225

$1,946

$2,666

Median Raleigh Tax Bill

$2,080

Median Saline County Tax Bill

$1,585

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Raleigh, Saline County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62977	$316	$938	$2,080	$3,782	$4,748

Source: Ownwell