Glen Carbon, Madison County, Illinois Property Taxes
Property Taxes in Glen Carbon, Illinois
Median Glen Carbon, Illinois effective property tax rate: 2.19%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Glen Carbon, Illinois home value: $276,690
Median annual Glen Carbon, Illinois tax bill: $5,873, $3,473 higher than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in Glen Carbon, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Glen Carbon's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glen Carbon, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Glen Carbon, Madison County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.19%
Estimate Property Tax Bill
$6,060
$5,623
How Does the Glen Carbon Property Tax Calculator Work?
Use this Glen Carbon property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Glen Carbon's median effective tax rate of 2.19% — based on actual property records in Madison County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Glen Carbon's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Glen Carbon: rates range from 2.19% in 62034 to 2.19% in 62034, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Glen Carbon.
About Glen Carbon Property Taxes
About Property Taxes in Glen Carbon, Madison, Illinois
Glen Carbon's median effective property tax rate of 2.19% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Madison County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Glen Carbon. Homeowners in ZIP code 62034 carry a median effective rate of 2.19%, while those in 62034 pay 2.19%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Madison County. Understanding which part of Glen Carbon you live in can make a meaningful difference to your annual tax bill.
Glen Carbon homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Glen Carbon, Madison County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Glen Carbon's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Glen Carbon Tax Rate
2.19%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Madison County Tax Rate
2.11%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Glen Carbon, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62034 | 1.87% | 2.08% | 2.19% | 2.27% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Glen Carbon, Madison County, Illinois
When examining property taxes in Glen Carbon, Illinois, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Madison County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Madison County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Glen Carbon.
For example, the median home price in Glen Carbon is $276,690, with tax bills ranging significantly across the county. 62034 has the highest median home price at $276,690.
Property Tax Assessment Values Across Glen Carbon, Madison County, Illinois
Source: Ownwell
$25,755
$170,746
$315,736
Median Glen Carbon Market Value
$276,690
Median Madison County Market Value
$152,490
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Glen Carbon, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62034 | $135,090 | $205,455 | $276,690 | $378,120 | $495,705 |
Source: Ownwell
Property Tax Bills Across Glen Carbon, Madison County, Illinois
Property tax bills in Glen Carbon are based on the assessed value of a home and the tax rates set by local taxing authorities. For homeowners, the bill is determined by taking the property’s assessed market value, applying the local assessment ratio, and then multiplying that amount by the combined tax rates for schools, county services, and other local districts.
In Glen Carbon, the median home price is $276,690, and the median property tax bill is $5,873. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can vary widely depending on the home’s value, location, and any exemptions or appeals that may reduce the assessed amount.
For homeowners, this means property taxes can be a major part of annual housing costs, especially when local assessments rise. The 25th percentile tax bill is $4,070, while the 75th percentile is $8,161, showing how much bills can differ across homes in the city.
Median Glen Carbon Tax Bill
$5,873
Median Madison County Tax Bill
$3,074
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Glen Carbon, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62034 | $2,402 | $4,070 | $5,873 | $8,161 | $10,873 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Madison Tax Assessor | |
| Website | madisonil.devnetwedge.com |