62906 Property Tax Rate

Property owners in ZIP code 62906 (Anna, Illinois) pay a median of $2,121/year in property taxes on homes valued at $138,200. This translates to an effective tax rate of 1.53%, which is 18% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62906 is approximately $177, which factors into escrow payments on mortgages. This ZIP code is located within Union County. This is $1,380 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62906 has lower property taxes. ZIP codes with similar effective rates include 62338 (1.53%) and 62960 (1.53%).

In Anna, property taxes represent approximately 4.6% of the median household income of $46,615, 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.