62960 Property Tax Rate

Property owners in ZIP code 62960 (Metropolis, Illinois) pay a median of $1,874/year in property taxes on homes valued at $122,100. 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 62960 is approximately $156, which factors into escrow payments on mortgages. This ZIP code is located within Massac County. This is $1,627 less than the Illinois average of $3,501/year.

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

In Metropolis, property taxes represent approximately 3.0% of the median household income of $61,702, providing context for the relative tax burden on homeowners in this area.

Illinois limits annual assessed value increases to 7%, though full reassessment to market value at sale applies under state law. Massac County provides a $10,000 General Homestead Exemption for primary residences — file your application with the Massac County Assessor within 30 days of purchase. Request a copy of your assessment from the Massac County Assessor to verify the $10,000 exemption reduces your taxable base.