East Alton, Calhoun County, Illinois Property Taxes

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

Median East Alton, IL effective property tax rate: 2.53%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median East Alton, IL home value: $33,897
Median annual East Alton, IL tax bill: $859, $1,541 lower than the national median property tax bill of $2,400.

How are property taxes in Calhoun calculated?

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

Last Updated March 1, 2025

East Alton, Calhoun County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.53%

Estimate Property Tax Bill

$858

$796

Ownwell’s East Alton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in East Alton with just two data points. By entering your property's estimated assessed value, our calculator applies East Alton’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 17013. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across East Alton, Calhoun 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.

East Alton in Calhoun County, IL, has an effective property tax rate that is significantly higher than the national median of 1.02%. This can be attributed to the county’s budgetary needs and the total assessed property value. Illinois, known for having one of the highest property tax rates in the country, further exemplifies this with Calhoun County's median tax rate of 2.53%.

Comparing these figures provides insight into how East Alton's property tax rate aligns with state and national averages. Understanding these dynamics can empower property owners to make informed decisions about property tax appeals and exemptions, potentially leading to substantial savings.

Property Tax Rates Across East Alton, Calhoun County, Illinois

Source: Ownwell

2.17%

2.35%

2.54%

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 East Alton Tax Rate

2.53%

Median Effective Calhoun County Tax Rate

2.36%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across East Alton, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62024	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across East Alton, Calhoun County, Illinois

When examining property taxes in East Alton, 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 Calhoun 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 Calhoun 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 East Alton. For example, the median home price in East Alton is $33,897, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across East Alton, Calhoun County, Illinois

Source: Ownwell

$53,367

$75,173

$96,978

Median East Alton Market Value

$33,897

Median Calhoun County Market Value

$86,121

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across East Alton, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62024	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across East Alton, Calhoun County, Illinois

In East Alton, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as the property's location, size, and condition can influence its assessed value. In Calhoun County, the median home price is $33,897, significantly lower than the national median. Tax bills in the area range from $559 at the 25th percentile to $1,340 at the 90th percentile. This variability can impact homeowners differently, with some paying more than others based on their property's assessed value.

Ownwell can assist homeowners in East Alton by providing property tax appeal services, potentially reducing their tax bills. By analyzing the assessed value and comparing it to similar properties, Ownwell can identify discrepancies and advocate for a fairer assessment. This service ensures homeowners only pay their fair share, alleviating the financial burden of property taxes.

Property Tax Bills Across East Alton, Calhoun County, Illinois

Source: Ownwell

$1,115

$1,553

$1,990

Median East Alton Tax Bill

$859

Median Calhoun County Tax Bill

$1,736

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across East Alton, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62024	N/A	N/A	N/A	N/A	N/A

Source: Ownwell