62905 Property Tax Rate

Property owners in ZIP code 62905 (Alto Pass, Illinois) pay a median of $995/year in property taxes on homes valued at $114,800. This translates to an effective tax rate of 0.87%, which is 54% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62905 is approximately $83, which factors into escrow payments on mortgages. This ZIP code is located within Union County. This is $2,506 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62905 has higher property taxes. ZIP codes with similar effective rates include 62970 (0.86%) and 62352 (0.85%).

In Alto Pass, property taxes represent approximately 1.9% of the median household income of $52,778, 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 occurs at sale under state law. Union County offers a $10,000 General Homestead Exemption for owner-occupants — submit your exemption application to the Union County Assessor within 30 days of closing. Contact the Union County Assessor to confirm receipt and effective date of your exemption filing.