Carbon Hill, Grundy County, Illinois Property Taxes
Property Taxes in Carbon Hill, Illinois
Median Carbon Hill, Illinois effective property tax rate: 2.03%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Carbon Hill, Illinois home value: $85,830
Median annual Carbon Hill, Illinois tax bill: $1,746, lower than the national median property tax bill of $2,400.
How are property taxes in Grundy calculated?
Property taxes in Carbon Hill, Illinois 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 Carbon Hill's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carbon Hill, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Carbon Hill, Grundy County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.03%
Estimate Property Tax Bill
$1,742
$1,617
How Does the Carbon Hill Property Tax Calculator Work?
Use this Carbon Hill property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Carbon Hill's median effective tax rate of 2.03% — based on actual property records in Grundy County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Carbon Hill's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Carbon Hill: rates range from 2.03% in 60416 to 2.03% in 60416, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Carbon Hill.
About Carbon Hill Property Taxes
About Property Taxes in Carbon Hill, Grundy, Illinois
Carbon Hill's median effective property tax rate of 2.03% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Grundy County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Carbon Hill. Homeowners in the 60416 ZIP code carry a median effective rate of 2.03%, while those in the same ZIP also pay $1,746 in median property tax bills. This reflects how local assessment districts are drawn across Grundy County. Understanding where you live can make a meaningful difference to your annual tax bill.
Carbon Hill homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Carbon Hill, Grundy County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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. 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.
Below, you can compare Carbon Hill's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
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 Carbon Hill Tax Rate
2.03%
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 Grundy County Tax Rate
2.61%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Carbon Hill, Grundy County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60416 | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Carbon Hill, Grundy County, Illinois
When examining property taxes in Carbon Hill, 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 Grundy County tax authority 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 Grundy County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the season.
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 Carbon Hill.
For example, the median home price in Carbon Hill is $85,830, with tax bills ranging significantly across the county. Zip code 60416 has the highest median home price at $85,830.
Property Tax Assessment Values Across Carbon Hill, Grundy County, Illinois
Source: Ownwell
$25,910
$191,346
$356,782
Median Carbon Hill Market Value
$85,830
Median Grundy County Market Value
$179,043
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carbon Hill, Grundy County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60416 | $30,514 | $42,975 | $85,830 | $173,418 | $260,360 |
Source: Ownwell
Property Tax Bills Across Carbon Hill, Grundy County, Illinois
Property tax bills in Carbon Hill are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, and the final bill reflects the combined impact of county, city, school, and other local levies. For homeowners, this means two similar homes can still receive different tax bills if their assessments or exemptions differ.
In Carbon Hill, the median home price is $85,830, while the median property tax bill is $1,746. That is below the national median property tax bill of $2,400, which can make the area feel more affordable for many homeowners. Still, bills can vary widely, with the 25th percentile at $874 and the 75th percentile at $3,527. At the high end, the 90th percentile reaches $5,295, showing how quickly taxes can rise when assessed values or local rates increase.
Median Carbon Hill Tax Bill
$1,746
Median Grundy County Tax Bill
$4,909
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Carbon Hill, Grundy County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60416 | $686 | $874 | $1,746 | $3,527 | $5,295 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Grundy Tax Assessor | |
| Website | tax.grundyco.org |