Millstadt, St. Clair County, Illinois Property Taxes

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

Median Millstadt, IL effective property tax rate: 2.33%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Millstadt, IL home value: $197,814
Median annual Millstadt, IL tax bill: $4,433, $2,033 higher than the national median property tax bill of $2,400.

How are property taxes in St. Clair calculated?

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

Last Updated March 1, 2025

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.33%

Estimate Property Tax Bill

$4,609

$4,277

Ownwell’s Millstadt Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Millstadt with just two data points. By entering your property's estimated assessed value, our calculator applies Millstadt’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 Millstadt, St. Clair County, Illinois

As noted earlier, 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 Millstadt’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Millstadt, located in St. Clair County, has an effective property tax rate of 2.33%, which is significantly higher than the national median of 1.02%. This places a notable financial burden on property owners in the area. While the median property tax bill nationally is around $2,400, residents in Millstadt are likely to face much higher bills due to the elevated rate. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Millstadt, 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 Millstadt Taxx Rate

2.33%

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 Millstadt, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62260	1.84%	2.15%	2.33%	2.47%	2.65%

Source: Ownwell

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

When examining property taxes in Millstadt, 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 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 Millstadt.

For example, the median home price in Millstadt is $197,814, with tax bills ranging significantly across the county. Zip code 62260 has the highest median home price at $197,814.

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

Source: Ownwell

$15,501

$141,572

$267,642

Median Millstadt Market Value

$197,814

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 Millstadt, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62260	$93,049	$141,843	$197,814	$271,482	$350,275

Source: Ownwell

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

In Millstadt, located in St. Clair County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $197,814, property tax bills can vary significantly. For instance, the tax bill at the 25th percentile is $3,056, while at the 75th percentile, it rises to $6,298. The 90th percentile sees a tax bill of $8,128. Notably, the median tax bill in the 62260 zip code is $4,433, which is considerably higher than the national median tax bill of $2,400. This variation in tax bills can significantly impact homeowners, making it crucial to ensure fair assessments. Ownwell helps homeowners by providing property tax appeal and exemption services, ensuring that they are not overpaying. By analyzing local tax records and comparable properties, Ownwell can assist in reducing tax liabilities, potentially saving homeowners a substantial amount on their property tax bills.

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

Source: Ownwell

$575

$2,992

$5,408

Median Millstadt Tax Bill

$4,433

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 Millstadt, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62260	$1,693	$3,056	$4,433	$6,298	$8,128

Source: Ownwell