62828 Property Tax Rate

Property owners in ZIP code 62828 (Dahlgren, Illinois) pay a median of $1,193/year in property taxes on homes valued at $112,700. This translates to an effective tax rate of 1.06%, which is 44% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62828 is approximately $99, which factors into escrow payments on mortgages. This ZIP code is located within Hamilton County. This is $2,308 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62828 has lower property taxes. ZIP codes with similar effective rates include 62311 (1.06%) and 62663 (1.06%).

In Dahlgren, property taxes represent approximately 1.8% of the median household income of $64,811, providing context for the relative tax burden on homeowners in this area.

Illinois caps assessed value growth at 7% per year, but reassessment to market value at sale applies under state law. Hamilton County provides a $10,000 General Homestead Exemption to owner-occupants — file your application with the Hamilton County Assessor within 30 days of closing. Obtain written confirmation from the Hamilton County Assessor documenting the exemption to ensure it reduces your first tax bill.