Schuyler County Property Taxes
The median property tax rate in Schuyler County is 2.25%, 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 Schuyler County, the typical annual property tax bill reaches $1,400, which is below the national median of $2,690. Property taxes in Schuyler 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 Schuyler 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 Rushville or another part of Schuyler County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Schuyler County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.25%
Estimate Property Tax Bill
$1,512
$1,478
Ownwell’s Schuyler Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Schuyler County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Schuyler 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 Schuyler County, Illinois
Property taxes in Schuyler County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Schuyler County is 2.25%, which is higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Schuyler County set these rates annually, and they can vary significantly between different areas within the county. Each year, Schuyler 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 Vermont has one of the higher property tax rates in Illinois at 3.39%, while the city of La Prairie boasts one of the lowest at 1.86%. Analyzing how Schuyler County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Schuyler County Tax Rate
2.25%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schuyler County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Astoria | 2.64% | 2.66% | 2.70% | 2.73% | 2.75% |
| Augusta | 1.86% | 2.01% | 2.09% | 2.46% | 2.60% |
| Beardstown | 1.51% | 1.87% | 2.11% | 2.23% | 2.40% |
| Browning | 0.93% | 1.49% | 2.50% | 2.69% | 3.19% |
| Camden | 0.58% | 0.86% | 2.11% | 2.59% | 2.65% |
| Frederick | 0.99% | 1.46% | 2.01% | 2.50% | 2.51% |
| Huntsville | 0.82% | 1.69% | 2.22% | 2.54% | 2.64% |
| Industry | 0.52% | 1.63% | 2.08% | 2.54% | 2.54% |
| La Prairie | 1.00% | 1.45% | 1.86% | 2.27% | 2.57% |
| Littleton | 0.69% | 1.48% | 2.03% | 2.57% | 2.65% |
| Mount Sterling | 2.35% | 2.35% | 2.35% | 2.35% | 2.35% |
| Plymouth | 0.97% | 1.95% | 2.66% | 2.73% | 2.73% |
| Rushville | 1.14% | 1.81% | 2.26% | 2.57% | 3.06% |
| Vermont | 3.38% | 3.38% | 3.39% | 3.39% | 3.39% |
Source: Ownwell
Property Tax Assessment Values Across Schuyler County, Illinois
In Schuyler 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 Schuyler 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 Schuyler 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. For instance, Mount Sterling has the highest median tax bill at $4,158, while Plymouth has the lowest at $407. Being aware of these valuation processes in Schuyler County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Schuyler County, Illinois
Source: Ownwell
$17,310
$96,986
$176,661
Average Schuyler County Assessed Value
$67,204
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Schuyler County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Astoria | $22,683 | $41,578 | $73,071 | $104,564 | $123,459 |
| Augusta | $65,712 | $79,342 | $85,050 | $118,059 | $155,548 |
| Beardstown | $25,058 | $62,646 | $98,082 | $102,405 | $108,579 |
| Browning | $8,664 | $19,482 | $33,111 | $78,936 | $120,128 |
| Camden | $8,268 | $16,324 | $44,748 | $81,868 | $143,423 |
| Frederick | $10,065 | $26,592 | $46,965 | $102,207 | $171,685 |
| Huntsville | $10,134 | $18,093 | $55,928 | $111,515 | $135,288 |
| Industry | $9,372 | $22,926 | $51,518 | $102,682 | $163,497 |
| La Prairie | $10,101 | $40,254 | $70,038 | $113,122 | $144,552 |
| Littleton | $9,695 | $23,262 | $49,602 | $80,852 | $111,924 |
| Mount Sterling | $176,661 | $176,661 | $176,661 | $176,661 | $176,661 |
| Plymouth | $4,138 | $10,738 | $17,310 | $51,760 | $139,576 |
| Rushville | $18,786 | $41,187 | $73,410 | $112,341 | $159,867 |
| Vermont | $47,936 | $52,163 | $59,210 | $66,256 | $70,484 |
Source: Ownwell
Property Tax Bills Across Schuyler County, Illinois
In Schuyler County, IL, property tax bills are calculated based on the assessed value of a property, which is typically a fraction of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Various factors contribute to the final tax amount, including the property's location, its assessed value, and any applicable exemptions or deductions. Homeowners in Schuyler County face a range of property tax bills, with the 25th percentile paying around $583 and the 75th percentile paying about $2,442. At the higher end, the 90th percentile sees tax bills up to $3,574. The city of Mount Sterling has the highest median tax bill at $4,158, while Plymouth has the lowest at $407. These property taxes significantly impact homeowners by influencing their annual expenses and potentially affecting property values. Compared to the national median property tax rate of 0.99%, Schuyler County's tax rates can vary widely, making it essential for homeowners to understand their local tax obligations.
Average Schuyler County Tax Bill
$1,400
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Schuyler County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Astoria | $615 | $1,139 | $2,013 | $2,888 | $3,412 |
| Augusta | $1,284 | $1,626 | $1,995 | $2,639 | $3,463 |
| Beardstown | $694 | $1,244 | $1,569 | $2,124 | $2,297 |
| Browning | $131 | $294 | $733 | $1,703 | $2,879 |
| Camden | $83 | $208 | $588 | $1,953 | $3,855 |
| Frederick | $146 | $338 | $816 | $2,092 | $3,039 |
| Huntsville | $115 | $259 | $1,770 | $2,605 | $2,967 |
| Industry | $249 | $395 | $762 | $1,698 | $3,480 |
| La Prairie | $91 | $637 | $1,826 | $2,086 | $2,303 |
| Littleton | $148 | $363 | $882 | $1,684 | $2,795 |
| Mount Sterling | $4,158 | $4,158 | $4,158 | $4,158 | $4,158 |
| Plymouth | $82 | $185 | $407 | $1,387 | $3,507 |
| Rushville | $331 | $732 | $1,542 | $2,551 | $3,699 |
| Vermont | $1,622 | $1,766 | $2,005 | $2,244 | $2,388 |
Source: Ownwell