62477 Property Tax Rate

Property owners in ZIP code 62477 (West Union, Illinois) pay a median of $1,756/year in property taxes on homes valued at $152,100. This translates to an effective tax rate of 1.15%, which is 39% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62477 is approximately $146, which factors into escrow payments on mortgages. This ZIP code is located within Clark County. This is $1,745 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62477 has lower property taxes. ZIP codes with similar effective rates include 62920 (1.15%) and 60628 (1.16%).

In West Union, property taxes represent approximately 3.4% of the median household income of $52,330, providing context for the relative tax burden on homeowners in this area.

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.