62423 Property Tax Rate
Dennison, Illinois · Part of Clark County
Effective Tax Rate
1.99%
15.9% below state avgMedian Annual Tax
$2,943
$245/mo escrow
Estimate Your Tax
Annual Tax
$2,943
Monthly
$245
Eff. Rate
1.99%
How ZIP 62423 Compares
Median Annual Property Tax
ZIP 62423
1.99%
Effective rate
Illinois Avg
1.88%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Illinois
Higher than 60% of ZIP codes in Illinois(60th percentile, 1,317 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 62423
Property owners in ZIP code 62423 (Dennison, Illinois) pay a median of $2,943/year in property taxes on homes valued at $147,900. This translates to an effective tax rate of 1.99%, which is 6% above the Illinois state average of 1.88%.
The monthly property tax burden for a median-valued home in 62423 is approximately $245, which factors into escrow payments on mortgages. This ZIP code is located within Clark County. This is $558 less than the Illinois average of $3,501/year.
Compared to similar ZIP codes in Illinois, 62423 has higher property taxes. ZIP codes with similar effective rates include 61234 (1.99%) and 61235 (1.99%).
Under Illinois's 7% annual assessment cap, your property tax cannot jump more than 7% per year, providing budget predictability. Clark County offers the General Homestead Exemption ($10,000 assessed value deduction) to owner-occupants, worth approximately $195–$390 in annual savings. Register your homestead exemption with the Clark County Assessor within one month of closing to activate this tax break.
Frequently Asked Questions
What is the property tax rate in ZIP code 62423?
How much are property taxes in Dennison, IL (62423)?
How does ZIP 62423 compare to the Illinois average?
What is the median home value in ZIP 62423?
What county is ZIP code 62423 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$1,317. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 62423 is part of Clark County, Illinois. View the full county profile for broader context and more data.
View Clark County on TaxByCounty →Similar ZIP Codes in Illinois
61234
-0.00%Annawan
1.99%
$3,009/yr
61235
-0.00%Atkinson
1.99%
$2,623/yr
60530
-0.00%Lee
1.99%
$5,486/yr
62046
+0.00%Hamel
1.99%
$4,573/yr
61341
+0.00%Marseilles
1.99%
$3,575/yr
61848
-0.00%Henning
1.99%
$1,534/yr
61853
+0.00%Mahomet
1.99%
$5,611/yr
62469
-0.00%Trilla
1.99%
$1,964/yr
62260
+0.00%Millstadt
1.99%
$4,579/yr
62220
+0.01%Belleville
2.00%
$2,820/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.