Carrier Mills, Williamson County, Illinois Property Taxes

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

Median Carrier Mills, IL effective property tax rate: 2.18%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Carrier Mills, IL home value: $111,885. Median annual Carrier Mills, IL tax bill: $2,238, $162 lower than the national median property tax bill of $2,400.

How are property taxes in Williamson calculated?

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

Last Updated March 1, 2025

Carrier Mills, Williamson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$2,439

$2,263

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

Property Tax Rates Across Carrier Mills, Williamson County, Illinois

Local government entities in Illinois, like those across the nation, establish property tax rates that can significantly differ from one area to another. This variation arises because each county, including Williamson County, calculates its annual budget needs for essential services and divides this by the total assessed value of all taxable properties within its borders. This calculation determines the property tax rate. Although the process involves votes and legislative measures, this is essentially how it works each year.

In Carrier Mills, located in Williamson County, the effective property tax rate is notably higher than the national median of 1.02%. When comparing Carrier Mills to other cities in Illinois, you'll find that it aligns with the state’s overall trend of higher property tax rates. This can be attributed to the state's unique fiscal requirements and the way local governments prioritize public services. Understanding these nuances can help property owners anticipate their tax obligations and explore potential avenues for appeals or exemptions.

Property Tax Rates Across Carrier Mills, Williamson County, Illinois

Source: Ownwell

1.88%

2.24%

2.59%

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 Carrier Mills Tax Rate

2.18%

Median Effective Williamson County Tax Rate

2.30%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Carrier Mills, Williamson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62917	1.50%	1.90%	2.18%	2.37%	2.37%

Source: Ownwell

Property Tax Assessment Values Across Carrier Mills, Williamson County, Illinois

When examining property taxes in Carrier Mills, 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 Williamson 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 Williamson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Carrier Mills.

For example, the median home price in Carrier Mills is $111,885, with tax bills ranging significantly across the county. Zip code 62917 has the highest median home price at $111,885.

Property Tax Assessment Values Across Carrier Mills, Williamson County, Illinois

Source: Ownwell

$23,550

$71,490

$119,430

Median Carrier Mills Market Value

$111,885

Median Williamson County Market Value

$85,800

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Carrier Mills, Williamson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62917	$20,664	$43,890	$111,885	$172,035	$262,650

Source: Ownwell

Property Tax Bills Across Carrier Mills, Williamson County, Illinois

In Carrier Mills, located in Williamson County, Illinois, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. In this area, the median home price is $111,885, and property tax bills can vary significantly. For example, homeowners in the 25th percentile pay around $891, while those in the 75th percentile face bills of approximately $3,899. The highest tax bills can reach up to $5,536, depending on various factors such as property size and location. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Carrier Mills residents may find themselves paying more or less than the average American homeowner. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they only pay their fair share and potentially reducing their overall tax burden.

Property Tax Bills Across Carrier Mills, Williamson County, Illinois

Source: Ownwell

$345

$1,478

$2,611

Median Carrier Mills Tax Bill

$2,238

Median Williamson County Tax Bill

$1,802

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Carrier Mills, Williamson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62917	$479	$891	$2,238	$3,899	$5,536

Source: Ownwell