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Carbondale Reporter

Thursday, November 21, 2024

Analysis: Jackson County effective property tax rates outpaced the national average in Q4 2023

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Jackson County Il Clerk And Recorder Frank L. Byrd (2023) | The Jackson County Clerk & Recorder\'s Office

Jackson County Il Clerk And Recorder Frank L. Byrd (2023) | The Jackson County Clerk & Recorder\'s Office

Property owners in Jackson County paid 2.6% of the value of their homes in property taxes in the fourth quarter of 2023, which is more than 2.3 times the national average, according to the real estate analysis posted by Carbondale Reporter.

The median sales price of a Jackson County home in the fourth quarter of 2023 was $95,000, based on data from the 115 properties sold during that time. In 2023, the median tax bill for the county was $2,462, which is 2.6% of the median value of the homes that were taxed.

This is 2.3 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Jackson County real estate data showed homeowners in Carbondale, De Soto, and Murphysboro paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Carbondale with some other cities belonging to Jackson County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2023.

CityQ4 2023 SalesQ4 2023 Median PriceMedian tax 2023Effective tax rate
Carbondale51$102,500$3,3803.3%
De Soto2$81,850$2,2282.7%
Murphysboro48$79,000$1,7842.3%
Ava3$60,000$1,3312.2%
Harrison4$205,125$1,4070.7%
Dowell2$79,830$4520.6%
Elkville2$152,500$9380.6%

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