Centralia, Washington County, Illinois Property Taxes

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

Median Centralia, IL effective property tax rate: 2.14%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Centralia, IL home value: $41,451
Median annual Centralia, IL tax bill: $991, $1,409 lower than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

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

Last Updated March 1, 2025

Centralia, Washington County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.14%

Estimate Property Tax Bill

$887

$823

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

Property Tax Rates Across Centralia, Washington County, Illinois

Local government entities set tax rates, which can vary widely within a state. This is 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, resulting 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.

Centralia in Washington County has an effective property tax rate that stands out when compared to other cities in Illinois. The median property tax rate here is 2.14%, which is notably higher than the national median of 1.02%. This means homeowners in Centralia are likely to pay more than double the national median property tax bill of $2,400. Such a disparity underscores the importance of understanding local property tax systems and exploring potential savings through appeals and exemptions. By engaging with property tax consultants, homeowners in Centralia can navigate these complexities and potentially reduce their tax burden.

Property Tax Rates Across Centralia, Washington County, Illinois

Source: Ownwell

1.63%

2.40%

3.17%

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 Centralia Tax Rate

2.14%

Median Effective Washington County Tax Rate

2.25%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Centralia, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62801	1.24%	1.96%	2.14%	3.37%	3.81%

Source: Ownwell

Property Tax Assessment Values Across Centralia, Washington County, Illinois

When examining property taxes in Centralia, 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 Washington 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 Washington 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 Centralia.

For example, the median home price in Centralia is $41,451, with tax bills ranging significantly across the county. The zip code 62801 has the highest median home price at $41,451.

Property Tax Assessment Values Across Centralia, Washington County, Illinois

Source: Ownwell

$22,533

$36,993

$51,452

Median Centralia Market Value

$41,451

Median Washington County Market Value

$38,358

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Centralia, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62801	$8,175	$15,951	$41,451	$56,559	$73,614

Source: Ownwell

Property Tax Bills Across Centralia, Washington County, Illinois

In Centralia, located in Washington County, IL, property tax bills are determined based on the assessed value of a home, which is a percentage of the property's market value. The median home price in Centralia is $41,451, and the property tax rate is applied to this assessed value to calculate the tax bill. Homeowners in Centralia typically see tax bills ranging from $540 at the 25th percentile to $1,584 at the 90th percentile, with a median tax bill of $991, which is below the national median property tax bill of $2,400. These taxes fund essential services such as education, public safety, and infrastructure. For homeowners, this means that understanding and managing property tax assessments is crucial to budgeting and financial planning. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and ensuring accuracy, Ownwell helps homeowners save money and achieve fair tax bills, offering peace of mind and financial relief.

Property Tax Bills Across Centralia, Washington County, Illinois

Source: Ownwell

$294

$643

$991

Median Centralia Tax Bill

$991

Median Washington County Tax Bill

$660

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Centralia, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62801	$199	$540	$991	$1,297	$1,584

Source: Ownwell