Creal Springs, Williamson County, Illinois Property Taxes

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

Median Creal Springs, IL effective property tax rate: 2.34%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Creal Springs, IL home value: $87,720
Median annual Creal Springs, IL tax bill: $1,833, $567 lower than the national median property tax bill of $2,400.

How are property taxes in Williamson County calculated?

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

Last Updated March 1, 2025

Creal Springs, Williamson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.34%

Estimate Property Tax Bill

$2,053

$1,905

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

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

CREAL SPRINGS in Williamson County, Illinois, has an effective property tax rate that stands out when compared to other cities in the state. With a median tax rate of 2.34%, it is significantly higher than the national median property tax rate of 1.02%. This means that homeowners in CREAL SPRINGS face a more substantial property tax burden compared to the average American homeowner. The effective property tax rate in CREAL SPRINGS is also the highest within its ZIP code, indicating a consistency in property tax assessments across the area. By understanding these rates, property owners can better anticipate their annual tax liabilities and plan accordingly.

Property Tax Rates Across Creal Springs, 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 Creal Springs Tax Rate

2.34%

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 Creal Springs, Williamson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62922	1.33%	1.95%	2.34%	2.60%	3.28%

Source: Ownwell

Property Tax Assessment Values Across Creal Springs, Williamson County, Illinois

When examining property taxes in Creal Springs, 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 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 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 Creal Springs.

For example, the median home price in Creal Springs is $87,720, with tax bills ranging significantly across the county. Zip code 62922 has the highest median home price at $87,720.

Property Tax Assessment Values Across Creal Springs, Williamson County, Illinois

Source: Ownwell

$23,550

$71,490

$119,430

Median Creal Springs Market Value

$87,720

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 Creal Springs, Williamson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62922	$14,970	$37,260	$87,720	$157,830	$222,507

Source: Ownwell

Property Tax Bills Across Creal Springs, Williamson County, Illinois

In Creal Springs, Williamson County, IL, 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. With a median home price of $87,720, homeowners in Creal Springs can expect varying tax bills, ranging from $752 at the 25th percentile to $5,189 at the 90th percentile. The median tax bill in the area is $1,833, which is below the national median property tax bill of $2,400. This lower tax bill can be attributed to the region's relatively affordable home prices. However, higher tax bills can significantly impact homeowners, especially those on a fixed income. Ownwell helps homeowners in Creal Springs by providing property tax appeal and exemption services to ensure they are not overpaying. By leveraging expertise in local property tax laws and market trends, Ownwell can potentially reduce the tax burden and deliver savings for homeowners.

Property Tax Bills Across Creal Springs, Williamson County, Illinois

Source: Ownwell

$345

$1,478

$2,611

Median Creal Springs Tax Bill

$1,833

Median Williamson County Tax Bill

$1,802

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Creal Springs, Williamson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62922	$275	$752	$1,833	$3,562	$5,189

Source: Ownwell