Collinsville, St. Clair County, Illinois Property Taxes

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

Median Collinsville, IL effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Collinsville, IL home value: $102,708. Median annual Collinsville, IL tax bill: $2,031, $369 lower than the national median property tax bill of $2,400.

How are property taxes in St. Clair calculated?

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

Last Updated March 1, 2025

Collinsville, St. Clair County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.11%

Estimate Property Tax Bill

$2,167

$2,011

Ownwell’s Collinsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Collinsville with just two data points. By entering your property's estimated assessed value, our calculator applies Collinsville’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 St. Clair County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Collinsville, St. Clair County, Illinois

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Collinsville’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Collinsville, located in St. Clair County, has a median property tax rate of 2.11%, significantly higher than the national median of 1.02%. This high rate reflects the local government's budgetary needs and the total assessed property value. Homeowners in Collinsville face a property tax bill that can be considerably higher than the national median of $2,400. Understanding these rates can help property owners better navigate their tax obligations and potentially explore opportunities for appeals or exemptions.

Property Tax Rates Across Collinsville, St. Clair County, Illinois

Source: Ownwell

2.11%

4.36%

6.62%

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 Collinsville Taxx Rate

2.11%

Median Effective St. Clair County Taxx Rate

2.55%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Collinsville, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62234	1.45%	1.90%	2.11%	2.45%	2.58%

Source: Ownwell

Property Tax Assessment Values Across Collinsville, St. Clair County, Illinois

When examining property taxes in Collinsville, 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 St. Clair 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 St. Clair County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Collinsville. For example, the median home price in Collinsville is $102,708, with tax bills ranging significantly across the county. Zip code 62234 has the highest median home price at $102,708.

Property Tax Assessment Values Across Collinsville, St. Clair County, Illinois

Source: Ownwell

$15,501

$141,572

$267,642

Median Collinsville Market Value

$102,708

Median St. Clair County Market Value

$110,946

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Collinsville, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62234	$11,713	$34,872	$102,708	$155,748	$191,168

Source: Ownwell

Property Tax Bills Across Collinsville, St. Clair County, Illinois

In Collinsville, located in St. Clair 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 annual tax bill. The median home price in Collinsville is $102,708, and the property tax rate is slightly above the national median, resulting in varying tax bills across the area. Homeowners in Collinsville may see tax bills ranging from the 25th percentile at $707 to the 90th percentile at $4,017. The highest and lowest median tax bills in the area are both $2,031, which indicates a relatively consistent tax burden within the zip code 62234. These taxes can significantly impact homeowners' finances, making it essential for them to explore potential savings. Ownwell assists homeowners by identifying possible exemptions and filing appeals to ensure they are not overpaying on their property taxes, ultimately helping them reduce their annual tax burden.

Property Tax Bills Across Collinsville, St. Clair County, Illinois

Source: Ownwell

$575

$2,992

$5,408

Median Collinsville Tax Bill

$2,031

Median St. Clair County Tax Bill

$2,735

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Collinsville, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62234	$192	$707	$2,031	$3,183	$4,017

Source: Ownwell