Claremont, Richland County, Illinois Property Taxes
Property Taxes in Claremont, Illinois
Median Claremont, Illinois effective property tax rate: 2.28%, significantly higher than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Claremont, Illinois home value: $110,186
Median annual Claremont, Illinois tax bill: $2,741, higher than the national median property tax bill of $2,400.
How are property taxes in Richland calculated?
Property taxes in Claremont, 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 Claremont's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Claremont, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Claremont, Richland County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.28%
Estimate Property Tax Bill
$2,512
$2,331
How Does the Claremont Property Tax Calculator Work?
Use this Claremont property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Claremont's median effective tax rate of 2.28% — based on actual property records in Richland County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Claremont'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 Claremont: rates range from 2.28% in 62421 to 2.28% in 62421, 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 Claremont.
About Claremont Property Taxes
About Property Taxes in Claremont, Richland, Illinois
Claremont’s median effective property tax rate of 2.28% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Richland County levy and local taxing districts that shape how property taxes are assessed across the area.
Property tax rates are not uniform across Claremont. Homeowners in the 62421 ZIP code carry a median effective rate of 2.28%, and the same ZIP also reflects the city’s median tax bill of $2,741. That means where you live in the city can still affect how your assessed value translates into your annual bill.
Claremont homeowners who believe their assessed value is too high can file a formal appeal with the Richland County Tax Assessor before the January 1, 1900 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 Claremont, Richland 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 Claremont'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 Claremont Tax Rate
2.28%
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 Richland County Tax Rate
2.29%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Claremont, Richland County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62421 | 1.62% | 2.06% | 2.28% | 2.49% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Claremont, Richland County, Illinois
When examining property taxes in Claremont, 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 Richland County assessment office 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 Richland 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 Claremont.
For example, the median home price in Claremont is $110,186, with tax bills ranging significantly across the county. Zip code 62421 has the highest median home price at $110,186.
Property Tax Assessment Values Across Claremont, Richland County, Illinois
Source: Ownwell
$72,603
$119,903
$167,202
Median Claremont Market Value
$110,186
Median Richland County Market Value
$86,475
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Claremont, Richland County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62421 | $24,581 | $59,582 | $110,186 | $157,096 | $271,769 |
Source: Ownwell
Property Tax Bills Across Claremont, Richland County, Illinois
Property tax bills in Claremont are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can change too, which affects the final bill. Local budgets for schools, roads, and public services also influence how much homeowners owe.
With a median home price of $110,186, the typical tax bill in Claremont is $2,741. That is slightly above the national median property tax bill of $2,400, showing that homeowners here can face a meaningful annual cost even on moderately priced homes. Bills can vary widely: the 25th percentile is $1,484, while the 75th percentile reaches $3,876 and the 90th percentile climbs to $6,498.
For homeowners, this means property taxes can have a real impact on monthly housing costs and long-term affordability. If a home is assessed higher than its market value, the tax bill may be higher than it should be.
Median Claremont Tax Bill
$2,741
Median Richland County Tax Bill
$1,915
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Claremont, Richland County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62421 | $617 | $1,484 | $2,741 | $3,876 | $6,498 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Richland Tax Assessor | |
| Website | www.govtechtaxpro.com |