Belleville, Illinois Property Taxes
The median property tax rate in Belleville, IL is 2.60%, considerably higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Belleville at $120,393, the typical annual property tax bill reaches $3,055, exceeding the national median of $2,690. Property taxes in Belleville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Belleville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Belleville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belleville, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.6%
Estimate Property Tax Bill
$3,130
$3,059
Ownwell’s Belleville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belleville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Belleville, Illinois
Property taxes in Belleville, Illinois, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belleville is 2.60%, significantly higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Belleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belleville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Belleville's effective property tax rate to other areas in Illinois and the national median. For comparison, the 62269 zip code has the highest median property tax rate of 2.83%, while the 62221 zip code has the lowest median tax rate of 2.28%. Understanding how these cities compare with Belleville provides valuable insights into the varying tax landscape across St. Clair County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belleville Tax Rate
2.60%
Average St. Clair County Tax Rate
2.55%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belleville, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62220 | 1.97% | 2.45% | 2.79% | 3.19% | 3.19% |
| 62221 | 1.78% | 2.03% | 2.28% | 2.69% | 3.19% |
| 62223 | 1.91% | 2.38% | 2.69% | 3.04% | 3.33% |
| 62226 | 1.88% | 2.29% | 2.59% | 3.19% | 3.19% |
| 62269 | 2.27% | 2.70% | 2.83% | 3.19% | 3.25% |
Source: Ownwell
Property Tax Assessment Values Across Belleville, Illinois
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Belleville, Illinois. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by St. Clair County for tax purposes. In contrast, the assessed value 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. In Belleville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For instance, homeowners in the 62221 zip code face the highest median tax bill at $3,586, while those in the 62269 zip code have the lowest median tax bill at $2,522. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Belleville Assessed Value
$120,393
Average St. Clair County Assessed Value
$110,946
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belleville, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62220 | $47,503 | $72,444 | $101,064 | $149,631 | $233,969 |
| 62221 | $76,666 | $109,719 | $159,213 | $226,713 | $292,100 |
| 62223 | $67,721 | $88,395 | $114,216 | $156,771 | $232,748 |
| 62226 | $62,003 | $78,339 | $105,288 | $176,103 | $283,009 |
| 62269 | $9,502 | $33,558 | $101,691 | $149,571 | $202,428 |
Source: Ownwell
Property Tax Bills Across Belleville, Illinois
In Belleville, located in St. Clair County, IL, property tax bills are calculated based on the assessed value of the property, which is typically a percentage of its market value. Local tax rates, set by various taxing authorities such as school districts and municipalities, are then applied to this assessed value. For instance, homeowners in Belleville face a range of tax bills, with the 25th percentile at $2,126 and the 75th percentile reaching $4,520. At the higher end, the 90th percentile sees tax bills around $6,536. The median home price in Belleville is $120,393, and the property tax rate in this area is relatively high compared to the national median of 0.99%. This can significantly impact homeowners, as higher property taxes may influence the overall affordability of owning a home. Notably, the highest median tax bill in Belleville is $3,586 in the 62221 zip code, while the lowest is $2,522 in the 62269 zip code. These figures highlight the variability in property tax burdens within the city.
Average Belleville Tax Bill
$3,055
Average St. Clair County Tax Bill
$2,735
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Belleville, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62220 | $1,171 | $1,871 | $2,729 | $4,067 | $6,389 |
| 62221 | $1,726 | $2,453 | $3,586 | $5,037 | $6,800 |
| 62223 | $1,494 | $2,203 | $3,055 | $4,259 | $6,282 |
| 62226 | $1,402 | $2,001 | $2,781 | $4,265 | $6,536 |
| 62269 | $302 | $1,108 | $2,522 | $4,049 | $5,642 |
Source: Ownwell