Coulterville, Washington County, Illinois Property Taxes

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

Median Coulterville, IL effective property tax rate: 2.03%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Coulterville, IL home value: $41,910
Median annual Coulterville, IL tax bill: $468, $1,932 lower than the national median property tax bill of $2,400.

How are property taxes in Washington calculated?

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

Last Updated March 1, 2025

Coulterville, Washington County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.03%

Estimate Property Tax Bill

$851

$789

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

Local government entities set tax rates, which can vary widely within a state. This variance occurs because each county estimates its required budget annually to provide necessary services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Coulterville, located in Washington County, Illinois, the effective property tax rate reflects these calculations. Illinois has a median property tax rate of 2.03%, which is significantly higher than the national median of 1.02%. This distinction places Illinois among the states with the highest property tax rates in the country. Homeowners in Illinois, therefore, face property tax bills that are often much higher than the national average. Understanding these differences is crucial for property owners in Coulterville and beyond, as it impacts their financial planning and investment decisions.

Property Tax Rates Across Coulterville, 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 Coulterville Taxx Rate

2.03%

Median Effective Washington County Taxx Rate

2.25%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Coulterville, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62237	0.26%	1.12%	2.03%	2.46%	2.77%

Source: Ownwell

Property Tax Assessment Values Across Coulterville, Washington County, Illinois

When examining property taxes in Coulterville, 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 assessment office 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 May. 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 Coulterville. For example, the median home price in Coulterville is $41,910, with tax bills ranging significantly across the county. Zip code 62237 has the highest median home price at $41,910.

Property Tax Assessment Values Across Coulterville, Washington County, Illinois

Source: Ownwell

$22,533

$36,993

$51,452

Median Coulterville Market Value

$41,910

Median Washington County Market Value

$38,358

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Coulterville, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62237	$7,732	$23,823	$41,910	$86,871	$125,060

Source: Ownwell

Property Tax Bills Across Coulterville, Washington County, Illinois

In Coulterville, Illinois, property tax bills are calculated based on the assessed value of your home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine your property tax bill. In Washington County, the median property tax bill stands at $468, which is significantly lower than the national median of $2,400. Factors such as local government budgets, school funding requirements, and public service needs influence the tax rate, directly impacting homeowners' financial responsibilities. For some, tax bills can reach up to $2,675, especially in higher-value properties.

Homeowners in Coulterville can benefit from Ownwell's expertise in property tax appeals and exemptions. Ownwell provides a comprehensive review of your property’s assessed value and identifies opportunities to reduce your tax burden. By challenging inaccurate assessments and securing eligible exemptions, Ownwell helps ensure that you only pay what is fair, potentially saving you hundreds or even thousands of dollars annually on your property tax bill.

Property Tax Bills Across Coulterville, Washington County, Illinois

Source: Ownwell

$294

$643

$991

Median Coulterville Tax Bill

$468

Median Washington County Tax Bill

$660

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Coulterville, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62237	$84	$278	$468	$1,856	$2,675

Source: Ownwell