Freeman Spur, Williamson County, Illinois Property Taxes
Property Taxes in Freeman Spur, Illinois
Median Freeman Spur, Illinois effective property tax rate: 2.01%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Freeman Spur, Illinois home value: $35,700
Median annual Freeman Spur, Illinois tax bill: $590, lower than the national median property tax bill of $2,400.
How are property taxes in Williamson calculated?
Property taxes in Freeman Spur, 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 Freeman Spur's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Freeman Spur, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Freeman Spur, Williamson County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.01%
Estimate Property Tax Bill
$718
$666
How Does the Freeman Spur Property Tax Calculator Work?
Use this Freeman Spur property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Freeman Spur's median effective tax rate of 2.01% — based on actual property records in Williamson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Freeman Spur'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 Freeman Spur: rates range from 590 in 62841 to 590 in 62841, 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 Freeman Spur.
About Freeman Spur Property Taxes
About Property Taxes in Freeman Spur, Williamson, Illinois
Freeman Spur's median effective property tax rate of 2.01% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Williamson County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Freeman Spur. Homeowners in the 62841 ZIP code carry a median effective rate of 2.01%, while those in the same ZIP code also pay 2.01%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Williamson County. Understanding which part of Freeman Spur you live in can make a meaningful difference to your annual tax bill.
Freeman Spur 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 Freeman Spur, Williamson 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 Freeman Spur'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 Freeman Spur Tax Rate
2.01%
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 Williamson County Tax Rate
2.31%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Freeman Spur, Williamson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62841 | 0.76% | 1.31% | 2.01% | 2.51% | 2.51% |
Source: Ownwell
Property Tax Assessment Values Across Freeman Spur, Williamson County, Illinois
When examining property taxes in Freeman Spur, 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 Williamson County appraisal district 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 Williamson County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Freeman Spur.
For example, the median home price in Freeman Spur is $35,700, with tax bills ranging significantly across the county. 62841 has the highest median home price at $35,700.
Property Tax Assessment Values Across Freeman Spur, Williamson County, Illinois
Source: Ownwell
$28,710
$84,180
$139,650
Median Freeman Spur Market Value
$35,700
Median Williamson County Market Value
$92,430
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Freeman Spur, Williamson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62841 | $4,866 | $17,940 | $35,700 | $62,085 | $98,004 |
Source: Ownwell
Property Tax Bills Across Freeman Spur, Williamson County, Illinois
Freeman Spur property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value. For homeowners in Williamson County, the size of the bill depends on how the assessment compares with the home’s worth and any local taxing rates that apply. A higher assessed value usually leads to a higher tax bill, while a lower assessment can reduce what is owed.
In Freeman Spur, the median home price is $35,700, and the median property tax bill is $590. That is far below the national median property tax bill of $2,400 and also below the national median property tax rate of 1.02%. Tax bills can still vary widely from one home to another, with the 25th percentile at $225 and the 75th percentile at $1,079. For some homeowners, this means a manageable annual expense; for others, it can still be a meaningful part of housing costs.
Median Freeman Spur Tax Bill
$590
Median Williamson County Tax Bill
$1,966
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Freeman Spur, Williamson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62841 | $90 | $225 | $590 | $1,079 | $2,064 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Williamson Tax Assessor | |
| Website | williamsonil.devnetwedge.com |