Warren County Property Taxes
The median property tax rate in Warren County is 3.01%, 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 Warren County, the typical annual property tax bill reaches $1,310, surpassing the national median of $2,690. Property taxes in Warren 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 Warren 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 Monmouth or another part of Warren County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Warren 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 Warren County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Warren County with just two data points. By entering your property's estimated assessed value, our calculator uses the median tax rate in Warren County to provide an estimate of your property tax bill. This tool helps you understand potential tax liabilities, making financial planning easier. For more detailed insights, including trends at the city level, scroll down to access local information. Your property’s assessed value is determined by the county and takes into account any exemptions you may qualify for, ensuring an accurate estimate of your property tax obligations.
Property Tax Rates Across Warren County, Illinois
Property taxes in Warren County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Warren County is 3.01%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Warren County set these rates annually, and they can vary significantly between different areas within the county. Each year, Warren 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 Warren County's effective property tax rate with other areas in Illinois and the national median. For comparison, the city of Monmouth has one of the higher property tax rates in Illinois at 3.42%, while the city of Alexis boasts one of the lowest at 1.61%. Analyzing how Warren County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Warren County Tax Rate
3.01%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Warren County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexis | 0.81% | 1.09% | 1.61% | 2.51% | 2.63% |
| Avon | 1.58% | 2.16% | 2.64% | 2.68% | 2.72% |
| Berwick | 2.60% | 2.60% | 2.60% | 2.60% | 2.60% |
| Cameron | 2.46% | 2.50% | 2.58% | 2.66% | 2.71% |
| Galesburg | 2.56% | 2.56% | 2.56% | 2.56% | 2.56% |
| Gerlaw | 2.47% | 2.47% | 2.47% | 2.47% | 2.47% |
| Kirkwood | 2.03% | 2.64% | 2.80% | 2.80% | 2.80% |
| Little York | 2.24% | 2.64% | 2.85% | 2.85% | 2.85% |
| Monmouth | 1.82% | 2.46% | 3.42% | 3.42% | 3.42% |
| Roseville | 2.30% | 2.59% | 3.01% | 3.01% | 3.01% |
| Smithshire | 1.61% | 1.95% | 2.53% | 2.53% | 2.54% |
Source: Ownwell
Property Tax Assessment Values Across Warren County, Illinois
In Warren 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 Warren 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 Warren 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 example, Avon has the highest median tax bill at $2,161, whereas Galesburg has the lowest at $190. Being aware of these valuation processes in Warren County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Warren County Assessed Value
$47,250
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Warren County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexis | $20,640 | $32,070 | $54,990 | $70,530 | $72,474 |
| Avon | $40,128 | $60,795 | $79,440 | $162,285 | $181,110 |
| Berwick | $6,795 | $11,408 | $19,095 | $26,782 | $31,395 |
| Cameron | $7,002 | $7,830 | $9,210 | $26,880 | $37,482 |
| Galesburg | $7,410 | $7,410 | $7,410 | $7,410 | $7,410 |
| Gerlaw | $48,240 | $48,240 | $48,240 | $48,240 | $48,240 |
| Kirkwood | $13,083 | $16,800 | $22,800 | $54,360 | $96,300 |
| Little York | $43,560 | $45,990 | $56,880 | $60,960 | $89,166 |
| Monmouth | $20,400 | $32,040 | $49,680 | $73,200 | $93,000 |
| Roseville | $9,567 | $16,538 | $23,295 | $41,865 | $84,306 |
| Smithshire | $66,774 | $68,205 | $70,590 | $71,565 | $72,150 |
Source: Ownwell
Property Tax Bills Across Warren County, Illinois
In Warren County, IL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. Local tax rates, set by various taxing authorities like school districts and municipalities, are then applied to this assessed value. Homeowners in Warren County face a wide range of tax bills, with the 25th percentile at $691 and the 75th percentile at $2051, highlighting the variability depending on property value and location. The highest median tax bill in the county is found in Avon at $2161, while Galesburg has the lowest at $190. This significant disparity underscores how location within the county can greatly influence tax obligations. With the national median property tax rate at 0.99%, Warren County's tax bills can be relatively high for some homeowners, impacting affordability and financial planning. Understanding these factors helps homeowners anticipate their tax liabilities and manage their finances effectively.
Average Warren County Tax Bill
$1,310
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Warren County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alexis | $271 | $416 | $679 | $1,367 | $1,447 |
| Avon | $536 | $931 | $2,161 | $4,170 | $4,860 |
| Berwick | $176 | $296 | $496 | $696 | $815 |
| Cameron | $186 | $200 | $224 | $687 | $965 |
| Galesburg | $190 | $190 | $190 | $190 | $190 |
| Gerlaw | $1,190 | $1,190 | $1,190 | $1,190 | $1,190 |
| Kirkwood | $366 | $470 | $638 | $1,017 | $2,342 |
| Little York | $1,201 | $1,213 | $1,619 | $1,735 | $1,974 |
| Monmouth | $508 | $809 | $1,450 | $2,123 | $2,749 |
| Roseville | $174 | $453 | $691 | $1,324 | $1,601 |
| Smithshire | $1,133 | $1,335 | $1,671 | $1,727 | $1,761 |
Source: Ownwell