Cost of Living & Housing in Collinsville
Collinsville's cost of living pairs genuinely affordable housing with a real, disclosed property-tax wrinkle: the city straddles two counties, and a specific address's effective rate depends on which side of the boundary it sits on.
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Learn moreGenuinely affordable housing relative to Illinois and national medians
Collinsville's average home value ran $186,092 this pass (up 4.4% year-over-year) -- genuinely below both the Illinois statewide average ($294,136) and the national figure, though notably higher than several of this project's other Metro East Tier C markets (base record).
A real, disclosed cross-county property-tax wrinkle
Collinsville genuinely straddles Madison and St. Clair counties. Within the St. Clair County portion, Collinsville's own cited effective rate ran approximately 2.14% -- the lowest rate within that county. The Madison County portion, which contains the majority of the city, carries that county's own cited 1.92% effective rate. Confirm your specific target property's county assignment directly rather than budgeting against one countywide figure alone (base record).
Illinois's real, flat 4.95% state income tax
Illinois levies a simple, statewide flat 4.95% tax on wages, alongside a real, distinctive exemption of all retirement income -- identical statewide regardless of which county side of Collinsville a resident lives on (see illinois.js).
Real, close proximity to the St. Louis, Missouri job market
Collinsville sits roughly 14 miles east of downtown St. Louis, Missouri -- a real, close Metro East commute distance, with the local job market genuinely oriented toward St. Louis rather than Chicago (base record).
Key takeaways
- Collinsville's average home value ($186,092) runs genuinely affordable relative to Illinois and national medians.
- Collinsville's effective property tax rate genuinely depends on county side: roughly 1.92% (Madison County) to roughly 2.14% (the St. Clair County portion).
- Illinois's flat 4.95% state income tax applies statewide, alongside a real, distinctive full exemption of retirement income.
- Collinsville sits roughly 14 miles from downtown St. Louis, a real, close Metro East commute distance.
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