Butler, Montgomery County, Illinois Property Taxes
Property Taxes in Butler, Illinois
Median Butler, Illinois effective property tax rate: 2.78%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Butler, Illinois home value: $101,730
Median annual Butler, Illinois tax bill: $3,170, $770 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Butler, 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 Butler's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Butler, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Butler, Montgomery County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.78%
Estimate Property Tax Bill
$2,828
$2,624
How Does the Butler Property Tax Calculator Work?
Use this Butler property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Butler's median effective tax rate of 2.78% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Butler'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 Butler: rates are the same across ZIP code 62015, primarily due to local levy patterns and assessment practices.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Butler.
About Butler Property Taxes
About Property Taxes in Butler, Montgomery, Illinois
Butler’s median effective property tax rate of 2.78% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Montgomery County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Butler. Homeowners in the 62015 ZIP code carry a median effective rate of 2.78%, and the same ZIP also reflects the city’s median tax bill of $3,170. Understanding how local assessments and district boundaries affect your property can make a meaningful difference to your annual tax bill.
Butler 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 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 Butler, Montgomery 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 Butler'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 Butler Tax Rate
2.78%
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 Montgomery County Tax Rate
2.68%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Butler, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62015 | 1.57% | 2.32% | 2.78% | 3.11% | 3.53% |
Source: Ownwell
Property Tax Assessment Values Across Butler, Montgomery County, Illinois
When examining property taxes in Butler, 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 Montgomery 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 Montgomery County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities and the valuation process affecting property taxes in Butler.
For example, the median home price in Butler is $101,730, with tax bills ranging significantly across the county. 62015 has the highest median home price at $101,730.
Property Tax Assessment Values Across Butler, Montgomery County, Illinois
Source: Ownwell
$64,395
$112,488
$160,581
Median Butler Market Value
$101,730
Median Montgomery County Market Value
$101,482
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Butler, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62015 | $23,788 | $61,082 | $101,730 | $150,825 | $211,037 |
Source: Ownwell
Property Tax Bills Across Butler, Montgomery County, Illinois
Property tax bills in Butler are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much a homeowner owes each year, so changes in home value can directly affect the bill.
With a median home price of $101,730, Butler homeowners may see bills that vary widely depending on their property’s assessed value and any local taxing jurisdictions. The 25th percentile tax bill is $1,620, while the 75th percentile is $4,573 and the 90th percentile reaches $6,115. The median tax bill in the local ZIP code 62015 is $3,170.
For homeowners, this means property taxes can be a significant part of annual housing costs. A higher assessed value usually leads to a higher bill, while a lower assessment can reduce what is owed.
Median Butler Tax Bill
$3,170
Median Montgomery County Tax Bill
$2,749
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Butler, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62015 | $1,153 | $1,620 | $3,170 | $4,573 | $6,115 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | montgomeryil.devnetwedge.com |