Mascoutah, Illinois Property Taxes
The median property tax rate in Mascoutah, IL is 2.54%, considerably higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Mascoutah, the typical annual property tax bill reaches $3,778, exceeding the national median of $2,690. Property taxes in Mascoutah 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 Mascoutah'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 Mascoutah 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
Mascoutah, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.54%
Estimate Property Tax Bill
$4,189
$3,887
Ownwell’s Mascoutah Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mascoutah using just two data points. By inputting your property's estimated assessed value, the calculator applies the median tax rate in Mascoutah to provide an accurate estimate of your property tax bill. This tool offers crucial insights into your potential tax liabilities, helping you plan your finances more effectively. For those interested in more granular data, localized trends are available further down the page. Your property’s assessed value, determined by St. Clair County, is used for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Mascoutah, Illinois
Property taxes in Mascoutah, Illinois, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mascoutah is 2.54%, significantly higher than both the Illinois state median of 2.27% and the U.S. national median of 0.99%. Local government entities within Mascoutah set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mascoutah 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 Mascoutah's effective property tax rate to other counties in Illinois and the national median. For comparison, the 62258 zip code has the highest median property tax rate of 2.54%, while the 62258 zip code also has the lowest median tax rate of 2.54%. Understanding how these cities compare with Mascoutah 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 Mascoutah Tax Rate
2.54%
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 Mascoutah, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62258 | 1.85% | 2.32% | 2.54% | 2.82% | 2.82% |
Source: Ownwell
Property Tax Assessment Values Across Mascoutah, Illinois
In Mascoutah, Illinois, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 the St. Clair County Appraisal District 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 Mascoutah, 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. The median home price in Mascoutah is $164,928. The 25th percentile tax bill is $2,477, while the 75th percentile tax bill is $5,549, and the 90th percentile tax bill reaches $7,386. Notably, the highest and lowest median tax bills are both $3,778 in the 62258 zip code. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Mascoutah helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mascoutah Assessed Value
$164,928
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 Mascoutah, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62258 | $59,926 | $111,086 | $164,928 | $231,117 | $295,809 |
Source: Ownwell
Property Tax Bills Across Mascoutah, Illinois
In Mascoutah, located in St. Clair County, IL, property tax bills are calculated based on the assessed value of your home, which is determined by local assessors. This assessed value is a percentage of the market value of your property. The tax rate applied to this assessed value is set by various taxing authorities, including school districts and local governments. For homeowners in Mascoutah, the median home price is $164,928. Property tax bills can vary significantly, with the 25th percentile at $2,477 and the 75th percentile reaching $5,549. The 90th percentile tax bill can be as high as $7,386, indicating a substantial range based on property values and applicable tax rates. These property taxes fund essential community services such as public schools, infrastructure, and emergency services. With the national median property tax rate at 0.99%, homeowners in Mascoutah may find their tax bills higher or lower depending on the specific assessed value and local tax rates, impacting overall affordability and cost of living in the area.
Average Mascoutah Tax Bill
$3,778
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 Mascoutah, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62258 | $1,078 | $2,477 | $3,778 | $5,549 | $7,386 |
Source: Ownwell