Ogle County Property Taxes
The median property tax rate in Ogle County is 2.50%, which is significantly higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Ogle County, the typical annual property tax bill reaches $3,458, which exceeds the national median of $2,690. Property taxes in Ogle County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Ogle County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Rochelle or another part of Ogle County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ogle County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.5%
Estimate Property Tax Bill
$3,486
$3,406
Ownwell’s Ogle County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Ogle County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Ogle County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Ogle County, Illinois
Property taxes in Ogle County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Ogle County is 2.50%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Ogle County set these rates annually, and they can vary significantly between different areas within the county. Each year, Ogle County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Steward has one of the higher property tax rates in the region at 2.76%, while the city of Milledgeville boasts one of the lowest at 1.90%. Analyzing how Ogle County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Ogle County Tax Rate
2.50%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ogle County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashton | 1.79% | 2.14% | 2.32% | 2.53% | 2.77% |
Baileyville | 1.40% | 1.97% | 2.15% | 2.59% | 2.63% |
Byron | 1.99% | 2.23% | 2.36% | 2.56% | 2.78% |
Chana | 1.96% | 2.33% | 2.59% | 2.91% | 3.15% |
Creston | 1.93% | 2.18% | 2.50% | 2.90% | 2.90% |
Davis Junction | 2.14% | 2.38% | 2.49% | 2.53% | 2.60% |
Dixon | 1.74% | 2.11% | 2.34% | 2.51% | 2.77% |
Esmond | 1.97% | 2.27% | 2.48% | 2.71% | 2.81% |
Forreston | 1.78% | 2.12% | 2.39% | 2.63% | 3.05% |
Franklin Grove | 1.68% | 2.10% | 2.11% | 2.29% | 2.41% |
German Valley | 1.88% | 2.41% | 2.54% | 2.62% | 2.88% |
Holcomb | 1.64% | 2.10% | 2.42% | 2.67% | 2.88% |
Kings | 2.02% | 2.42% | 2.59% | 2.80% | 2.93% |
Kirkland | 2.60% | 2.62% | 2.62% | 2.79% | 2.92% |
Leaf River | 1.40% | 1.96% | 2.22% | 2.50% | 2.57% |
Lindenwood | 1.90% | 2.11% | 2.32% | 2.46% | 2.71% |
Milledgeville | 1.34% | 1.63% | 1.90% | 2.14% | 2.61% |
Monroe Center | 1.96% | 2.27% | 2.43% | 2.57% | 2.79% |
Mount Morris | 1.49% | 2.17% | 2.57% | 2.85% | 3.36% |
Oregon | 1.92% | 2.31% | 2.65% | 2.92% | 3.24% |
Polo | 1.53% | 1.98% | 2.29% | 2.54% | 2.99% |
Rochelle | 2.08% | 2.40% | 2.60% | 2.76% | 3.10% |
Rockford | 1.82% | 2.13% | 2.26% | 2.37% | 2.50% |
Shannon | 1.80% | 1.96% | 2.20% | 2.38% | 2.53% |
Steward | 2.76% | 2.76% | 2.76% | 2.76% | 2.76% |
Stillman Valley | 2.19% | 2.44% | 2.60% | 2.73% | 2.84% |
Winnebago | 2.05% | 2.08% | 2.19% | 2.39% | 2.51% |
Woosung | 1.26% | 1.88% | 2.05% | 2.42% | 2.42% |
Source: Ownwell
Property Tax Assessment Values Across Ogle County, Illinois
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Ogle County, Illinois. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Ogle County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Ogle County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. Ogle County offers a diverse range of property tax bills, with Steward having the highest median tax bill at $10,784, while Milledgeville has the lowest at $1,674. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Ogle County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Ogle County Assessed Value
$139,425
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ogle County, Illinois
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashton | $86,643 | $109,662 | $153,984 | $185,781 | $224,277 |
Baileyville | $48,466 | $73,806 | $95,031 | $145,695 | $204,210 |
Byron | $98,813 | $137,295 | $181,200 | $226,824 | $287,403 |
Chana | $29,022 | $76,046 | $142,278 | $199,722 | $254,867 |
Creston | $56,205 | $85,230 | $116,793 | $139,656 | $174,126 |
Davis Junction | $125,471 | $156,003 | $181,716 | $205,716 | $233,146 |
Dixon | $70,731 | $116,156 | $163,584 | $215,337 | $267,202 |
Esmond | $66,636 | $111,456 | $175,113 | $265,334 | $328,560 |
Forreston | $54,616 | $74,248 | $96,855 | $135,956 | $191,850 |
Franklin Grove | $143,020 | $195,609 | $209,217 | $213,807 | $267,287 |
German Valley | $63,164 | $116,362 | $160,080 | $221,192 | $327,187 |
Holcomb | $52,298 | $85,714 | $102,861 | $126,000 | $146,459 |
Kings | $71,163 | $99,922 | $131,358 | $201,304 | $237,186 |
Kirkland | $249,395 | $271,737 | $295,503 | $297,699 | $392,555 |
Leaf River | $46,375 | $80,478 | $118,806 | $188,118 | $261,389 |
Lindenwood | $74,315 | $104,002 | $137,606 | $168,401 | $225,316 |
Milledgeville | $40,736 | $57,873 | $73,428 | $96,124 | $100,456 |
Monroe Center | $87,851 | $112,072 | $157,960 | $215,414 | $303,032 |
Mount Morris | $56,244 | $73,764 | $98,318 | $128,696 | $161,433 |
Oregon | $60,824 | $87,116 | $130,608 | $196,789 | $263,855 |
Polo | $52,279 | $74,499 | $103,866 | $147,984 | $199,315 |
Rochelle | $81,225 | $100,629 | $129,798 | $177,978 | $230,717 |
Rockford | $18,680 | $126,996 | $202,470 | $269,565 | $332,051 |
Shannon | $117,256 | $134,949 | $182,439 | $318,048 | $405,212 |
Steward | $390,390 | $390,390 | $390,390 | $390,390 | $390,390 |
Stillman Valley | $102,079 | $139,614 | $179,745 | $248,211 | $337,937 |
Winnebago | $81,994 | $164,151 | $186,741 | $237,423 | $338,509 |
Woosung | $63,595 | $75,634 | $98,960 | $118,530 | $191,753 |
Source: Ownwell
Property Tax Bills Across Ogle County, Illinois
In Ogle County, IL, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is typically a percentage of the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Homeowners in Ogle County experience a range of tax bills, with the 25th percentile at $2,316 and the 75th percentile at $4,939. For those in the 90th percentile, tax bills can reach up to $6,612. Factors such as property improvements, neighborhood developments, and changes in market conditions can influence the assessed value, thereby affecting the tax bill. In comparison to the national median property tax rate of 0.99%, Ogle County's rates can seem high, particularly in areas like Steward, where the highest median tax bill is $10,784. Conversely, Milledgeville has one of the lowest median tax bills at $1,674. These variations can significantly impact homeowners' financial planning and overall affordability.
Average Ogle County Tax Bill
$3,458
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Ogle County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Ashton | $1,900 | $2,472 | $3,103 | $4,256 | $5,389 |
Baileyville | $863 | $1,439 | $2,182 | $3,341 | $5,019 |
Byron | $2,206 | $3,212 | $4,263 | $5,670 | $7,023 |
Chana | $1,260 | $2,171 | $3,754 | $5,573 | $7,249 |
Creston | $1,219 | $1,869 | $2,856 | $3,512 | $4,453 |
Davis Junction | $2,750 | $3,720 | $4,524 | $5,208 | $5,893 |
Dixon | $1,225 | $2,420 | $3,622 | $5,060 | $6,537 |
Esmond | $1,549 | $2,943 | $4,271 | $6,350 | $8,745 |
Forreston | $1,118 | $1,649 | $2,325 | $3,293 | $4,780 |
Franklin Grove | $2,202 | $4,186 | $4,496 | $4,900 | $6,020 |
German Valley | $1,963 | $2,850 | $4,075 | $5,445 | $8,315 |
Holcomb | $1,200 | $1,678 | $2,346 | $3,132 | $3,802 |
Kings | $1,548 | $2,466 | $3,515 | $5,374 | $6,498 |
Kirkland | $6,663 | $7,589 | $7,750 | $7,811 | $11,342 |
Leaf River | $990 | $1,692 | $2,597 | $4,489 | $6,516 |
Lindenwood | $1,494 | $2,194 | $3,047 | $4,260 | $5,457 |
Milledgeville | $551 | $787 | $1,674 | $1,761 | $1,829 |
Monroe Center | $1,910 | $2,581 | $3,724 | $5,468 | $7,909 |
Mount Morris | $1,045 | $1,680 | $2,461 | $3,416 | $4,507 |
Oregon | $1,560 | $2,308 | $3,472 | $5,273 | $7,222 |
Polo | $1,003 | $1,583 | $2,364 | $3,399 | $4,798 |
Rochelle | $1,823 | $2,498 | $3,380 | $4,690 | $6,277 |
Rockford | $2,063 | $3,357 | $4,667 | $6,296 | $8,601 |
Shannon | $2,269 | $2,712 | $3,994 | $7,740 | $9,668 |
Steward | $10,784 | $10,784 | $10,784 | $10,784 | $10,784 |
Stillman Valley | $2,525 | $3,488 | $4,668 | $6,573 | $8,982 |
Winnebago | $3,166 | $3,616 | $3,848 | $5,116 | $8,150 |
Woosung | $822 | $1,551 | $2,011 | $2,394 | $4,207 |
Source: Ownwell