62363 Property Tax Rate

Property owners in ZIP code 62363 (Pittsfield, Illinois) pay a median of $1,686/year in property taxes on homes valued at $118,700. This translates to an effective tax rate of 1.42%, which is 24% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62363 is approximately $141, which factors into escrow payments on mortgages. This ZIP code is located within Pike County. This is $1,815 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62363 has higher property taxes. ZIP codes with similar effective rates include 61345 (1.42%) and 62815 (1.42%).

In Pittsfield, property taxes represent approximately 3.0% of the median household income of $56,563, providing context for the relative tax burden on homeowners in this area.

Illinois caps assessed value growth at 7% annually, protecting homeowners from tax bills that spike faster than their income. Pike County offers the General Homestead Exemption ($10,000 off assessed value), which typically saves homeowners $154–$308 per year. File your exemption claim with the Pike County Assessor within 30 days of your purchase to ensure it applies to your first bill.