During the fourth quarter of 2025, homeowners in Bunker Hill paid property taxes equal to 2% of their residential property values, exceeding the national average rate by more than 2.3 times, according to BlockShopper.com.
Data for the fourth quarter show the median sale price of a Bunker Hill property was $105,900, based on seven homes sold in that period. The median tax bill reported for the city in 2025 reached $2,161, precisely 2% of the median assessed value.
The average effective property tax rate nationally for the U.S. stood at 0.888% in 2024.
Within Macoupin County, the three cities with the highest effective property tax rates were Palmyra, Shipman, and Girard.
This article calculated Bunker Hill’s 2025 effective property tax rate by using estimated inflation rates and 2023 county tax figures. Calculated values are estimates and may show slight variances from actual rates.
Home prices in the United States continued their upward trend in 2025, with the national median price increasing to about $447,000 by June. Redfin data indicates this represents a 1.13% rise from the prior year. A significant supply-demand gap remains, with sellers outnumbering buyers by 36%—a difference of 508,715 homes. Under Redfin’s standards, a balanced market is where the counts of buyers and sellers differ by no more than 10%.
The following table offers a comparison of median effective property tax rates for Palmyra and select cities in Macoupin County, calculated from both property sales and tax figures during the fourth quarter of 2025.
| City | Q4 2025 Sales | Q4 2025 Median Price | Median tax 2025 | Effective tax rate |
|---|---|---|---|---|
| Palmyra | 3 | $7,500 | $805 | 10.7% |
| Shipman | 2 | $34,125 | $1,291 | 3.8% |
| Girard | 7 | $50,000 | $1,493 | 3% |
| Bunker Hill | 7 | $105,900 | $2,161 | 2% |
| Mount Olive | 10 | $75,000 | $1,508 | 2% |
| Virden | 17 | $100,000 | $1,655 | 1.7% |
| Brighton | 9 | $148,000 | $2,426 | 1.6% |
| Carlinville | 21 | $132,000 | $1,840 | 1.4% |
| Wilsonville | 4 | $62,353 | $794 | 1.3% |
| Gillespie | 13 | $107,500 | $1,297 | 1.2% |
| Staunton | 28 | $149,950 | $1,604 | 1.1% |
| Benld | 9 | $87,000 | $852 | 1% |
| Medora | 2 | $120,450 | $957 | 0.8% |
