Swansea, St. Clair County, Illinois Property Taxes

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

Median Swansea, IL effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Swansea, IL home value: $143,751
Median annual Swansea, IL tax bill: $3,493, $1,093 higher than the national median property tax bill of $2,400.

How are property taxes in St. Clair County calculated?

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

Last Updated March 1, 2025

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.51%

Estimate Property Tax Bill

$3,608

$3,348

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

Local government entities set tax rates, which can vary widely within a state. Annually, each county in Illinois estimates its required budget to provide essential 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.

Swansea, located in St. Clair County, has a notable property tax rate. The effective property tax rate here is significantly higher than the national median of 1.02%. When comparing Swansea’s rate to other cities in Illinois, it stands out due to its higher percentage. This rate reflects the county's budgetary needs and the total assessed value of properties. Understanding these rates is crucial for property owners, as it directly impacts their annual tax bills. For those looking to manage their property taxes effectively, being informed about local rates and how they compare to state and national figures can aid in making informed financial decisions.

Property Tax Rates Across Swansea, 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 Swansea Taxx Rate

2.51%

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 Swansea, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62226	1.85%	2.21%	2.51%	2.78%	2.95%

Source: Ownwell

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

When examining property taxes in Swansea, 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 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.

Assessment notices: In St. Clair County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Swansea. For example, the median home price in Swansea is $143,751, with tax bills ranging significantly across the county. Zip code 62226 has the highest median home price at $143,751.

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

Source: Ownwell

$15,501

$141,572

$267,642

Median Swansea Market Value

$143,751

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 Swansea, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62226	$72,143	$98,376	$143,751	$204,033	$285,225

Source: Ownwell

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

In Swansea, 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. Typically, properties are assessed at a percentage of their market value. Homeowners in Swansea can expect a median tax bill that aligns with the national median property tax bill of $2,400. However, tax bills can vary significantly, ranging from the 25th percentile at $2,231 to the 90th percentile at $7,038, depending on factors such as property location and assessed value. The highest and lowest median tax bills in the area are both recorded at $3,493, highlighting the uniformity in certain neighborhoods. For homeowners, these taxes can represent a substantial annual expense. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By leveraging their expertise, homeowners can potentially reduce their tax liabilities, ensuring they only pay their fair share. This can lead to significant savings, making homeownership more affordable in the long run.

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

Source: Ownwell

$575

$2,992

$5,408

Median Swansea Tax Bill

$3,493

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 Swansea, St. Clair County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62226	$1,539	$2,231	$3,493	$4,988	$7,038

Source: Ownwell