62907 Property Tax Rate

Property owners in ZIP code 62907 (Ava, Illinois) pay a median of $2,084/year in property taxes on homes valued at $179,400. This translates to an effective tax rate of 1.16%, which is 38% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62907 is approximately $174, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $1,417 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62907 has lower property taxes. ZIP codes with similar effective rates include 62431 (1.16%) and 60644 (1.16%).

In Ava, property taxes represent approximately 2.8% of the median household income of $73,300, 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.