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2.8million
people in Greater St. Louis |
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Illinois does not have a statewide property tax. Property is taxed on the local level only, and includes only real property such as land, buildings or permanent facilities. Real property is assessed at 33 1/3% of market value. Illinois does not tax personal property such as automobiles, trucks, or boats. However, corporations pay a 2.5% personal property tax replacement income tax (S corps., partnerships, and trusts pay 1.5%). For more information, click here. 2007 Real property tax rates for selected municipalities located in Illinois Counties of the St. Louis MSA:
Tax rates and data on specific properties may be obtained from the following counties' online databases: Click here for Madison County Property Tax Inquiry. |
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