62903 Property Tax Rate

Property owners in ZIP code 62903 (Carbondale, Illinois) pay a median of $2,518/year in property taxes on homes valued at $164,000. This translates to an effective tax rate of 1.54%, which is 18% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62903 is approximately $210, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $983 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62903 has higher property taxes. ZIP codes with similar effective rates include 61735 (1.54%) and 62831 (1.54%).

In Carbondale, property taxes represent approximately 6.4% of the median household income of $39,526, providing context for the relative tax burden on homeowners in this area.

Illinois law limits assessed value growth to 7% yearly, preventing sudden tax spikes from market appreciation. Jackson County homeowners can claim the General Homestead Exemption ($10,000 off assessed value), which saves most owners $156–$312 annually depending on their local tax rate. File your exemption with the Jackson County Assessor within 30 days of purchase to activate the benefit on your first tax bill.