62277 Property Tax Rate

Property owners in ZIP code 62277 (Prairie Du Rocher, Illinois) pay a median of $1,906/year in property taxes on homes valued at $125,700. This translates to an effective tax rate of 1.52%, which is 19% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62277 is approximately $159, which factors into escrow payments on mortgages. This ZIP code is located within Randolph County. This is $1,595 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62277 has lower property taxes. ZIP codes with similar effective rates include 61067 (1.52%) and 62941 (1.52%).

In Prairie Du Rocher, property taxes represent approximately 2.7% of the median household income of $71,458, providing context for the relative tax burden on homeowners in this area.

Illinois's 7% annual cap on assessed value growth means your property tax can rise no more than 7% per year, even in a booming market. Randolph County homeowners qualify for the General Homestead Exemption ($10,000 assessed value reduction), which costs nothing to claim and yields roughly $150 in annual savings. Register your primary residence with the Randolph County Assessor immediately after closing to secure this exemption.