62916 Property Tax Rate

Property owners in ZIP code 62916 (Campbell Hill, Illinois) pay a median of $1,917/year in property taxes on homes valued at $116,800. This translates to an effective tax rate of 1.64%, which is 13% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62916 is approximately $160, which factors into escrow payments on mortgages. This ZIP code is located within Jackson County. This is $1,584 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62916 has higher property taxes. ZIP codes with similar effective rates include 62360 (1.64%) and 62054 (1.64%).

In Campbell Hill, property taxes represent approximately 2.8% of the median household income of $67,969, 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.