Randolph County Property Taxes
The median property tax rate in Randolph County is 2.00%, 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 Randolph County, the typical annual property tax bill reaches $1,100, which is below the national median of $2,690. Property taxes in Randolph 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 Randolph 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 Chester or another part of Randolph County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Randolph County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
2.35%
Estimate Property Tax Bill
$4,700
Ownwell’s Randolph County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Randolph County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Randolph 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 Randolph County, Illinois
Property taxes in Randolph County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Randolph County is 2.00%, which is higher than both the Illinois state median of 1.86% and the U.S. national median of 0.99%. Local government entities within Randolph County set these rates annually, and they can vary significantly between different areas within the county. Each year, Randolph 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. The following data compares Randolph County's effective property tax rate with other counties in Illinois and the national median. For comparison, the city of Sparta has one of the higher property tax rates in Illinois at 3.16%, while the city of Ellis Grove boasts one of the lowest at 1.77%. Analyzing how Randolph County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Randolph County Tax Rate
2.00%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Randolph County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwin | 1.59% | 1.88% | 1.88% | 2.12% | 2.20% |
| Campbell Hill | 1.84% | 1.84% | 1.84% | 1.84% | 1.84% |
| Chester | 1.77% | 1.80% | 2.34% | 2.34% | 2.34% |
| Coulterville | 2.24% | 2.31% | 2.83% | 2.83% | 2.83% |
| Ellis Grove | 1.66% | 1.77% | 1.77% | 1.88% | 1.98% |
| Evansville | 2.32% | 2.72% | 2.72% | 2.72% | 2.72% |
| Percy | 2.15% | 2.48% | 2.48% | 2.48% | 2.48% |
| Prairie Du Rocher | 1.87% | 1.87% | 2.00% | 2.00% | 2.00% |
| Red Bud | 1.69% | 1.85% | 1.99% | 1.99% | 1.99% |
| Rockwood | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% |
| Ruma | 1.82% | 1.82% | 1.82% | 1.82% | 1.82% |
| Sparta | 1.98% | 2.46% | 3.16% | 3.16% | 3.16% |
| Steeleville | 1.51% | 1.79% | 1.99% | 1.99% | 1.99% |
| Tilden | 3.02% | 3.02% | 3.02% | 3.02% | 3.02% |
| Walsh | 2.35% | 2.35% | 2.35% | 2.35% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Randolph County, Illinois
In Randolph County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Randolph 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 Randolph 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. 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 Randolph County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Randolph County, Red Bud has the highest median tax bill at $1,926, while Walsh has the lowest at $233.
Average Randolph County Assessed Value
$47,528
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Randolph County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwin | $5,784 | $6,064 | $40,710 | $88,192 | $122,102 |
| Campbell Hill | $2,460 | $2,460 | $2,460 | $2,460 | $2,460 |
| Chester | $10,640 | $27,878 | $52,245 | $77,738 | $106,176 |
| Coulterville | $5,172 | $10,748 | $24,765 | $33,210 | $73,896 |
| Ellis Grove | $4,080 | $17,078 | $80,400 | $115,132 | $167,580 |
| Evansville | $4,977 | $10,770 | $33,540 | $62,190 | $77,211 |
| Percy | $9,920 | $12,015 | $22,988 | $45,656 | $97,010 |
| Prairie Du Rocher | $3,426 | $6,285 | $18,795 | $41,790 | $57,069 |
| Red Bud | $31,488 | $59,558 | $108,825 | $173,880 | $230,355 |
| Rockwood | $3,375 | $3,375 | $3,375 | $3,375 | $3,375 |
| Ruma | $7,836 | $8,902 | $30,338 | $61,856 | $81,074 |
| Sparta | $7,614 | $25,301 | $43,455 | $72,278 | $148,793 |
| Steeleville | $10,062 | $48,281 | $77,828 | $169,800 | $185,396 |
| Tilden | $6,099 | $12,142 | $19,725 | $39,765 | $44,616 |
| Walsh | $9,915 | $9,915 | $9,915 | $9,915 | $9,915 |
Source: Ownwell
Property Tax Bills Across Randolph County, Illinois
In Randolph County, IL, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. For homeowners, various factors such as property location, home size, and local government budgets influence the final amount. For instance, Randolph County's median home price is $47,528, and tax bills can vary significantly across the region. While the 25th percentile tax bill is $424, the 75th percentile reaches $1,926, and the 90th percentile can be as high as $3,484. The city of Red Bud has the highest median tax bill at $1,926, whereas Walsh has the lowest at $233. These variations highlight how different factors impact property tax bills, affecting homeowners' financial planning and overall affordability. Compared to the national median property tax rate of 0.99%, these figures offer a glimpse into the local tax landscape in Randolph County.
Average Randolph County Tax Bill
$1,100
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Randolph County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Baldwin | $98 | $112 | $528 | $1,715 | $2,290 |
| Campbell Hill | $45 | $45 | $45 | $45 | $45 |
| Chester | $249 | $509 | $1,178 | $1,759 | $2,485 |
| Coulterville | $146 | $292 | $701 | $823 | $1,854 |
| Ellis Grove | $78 | $308 | $1,476 | $2,099 | $2,739 |
| Evansville | $129 | $292 | $911 | $1,689 | $1,988 |
| Percy | $214 | $280 | $571 | $1,134 | $2,067 |
| Prairie Du Rocher | $69 | $126 | $377 | $838 | $1,108 |
| Red Bud | $627 | $1,187 | $1,926 | $3,369 | $4,475 |
| Rockwood | $66 | $66 | $66 | $66 | $66 |
| Ruma | $143 | $162 | $553 | $1,128 | $1,479 |
| Sparta | $273 | $720 | $1,268 | $1,950 | $3,962 |
| Steeleville | $200 | $845 | $1,318 | $3,316 | $3,680 |
| Tilden | $184 | $366 | $595 | $1,200 | $1,347 |
| Walsh | $233 | $233 | $233 | $233 | $233 |
Source: Ownwell