Pope County Property Taxes
The median property tax rate in Pope County is 1.65%, 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 Pope County, the typical annual property tax bill reaches $1,262, which is below the national median of $2,690. Property taxes in Pope 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 Pope 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 Golconda or another part of Pope County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pope 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 Pope County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pope County with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pope 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 Pope County, Illinois
Property taxes in Pope County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pope County is 1.65%, which is higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Pope County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pope 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 Pope County's effective property tax rate with other counties in Illinois and the national median. For comparison, the city of Ozark has one of the higher property tax rates in Illinois at 1.93%, while the city of Grantsburg boasts one of the lowest at 1.39%. Analyzing how Pope County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pope County Tax Rate
1.65%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pope County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brookport | 0.67% | 1.17% | 1.56% | 1.91% | 1.91% |
Eddyville | 1.20% | 1.38% | 1.67% | 1.92% | 2.06% |
Golconda | 0.87% | 1.27% | 1.66% | 1.92% | 1.93% |
Grantsburg | 0.42% | 1.18% | 1.39% | 1.93% | 1.93% |
Harrisburg | 1.04% | 1.54% | 1.66% | 1.91% | 1.92% |
Herod | 1.08% | 1.31% | 1.64% | 1.91% | 1.92% |
Metropolis | 1.13% | 1.58% | 1.71% | 1.91% | 1.91% |
Ozark | 0.71% | 1.17% | 1.93% | 1.94% | 1.94% |
Simpson | 1.12% | 1.43% | 1.67% | 1.93% | 1.93% |
Stonefort | 0.96% | 1.27% | 1.61% | 1.92% | 1.94% |
Tunnel Hill | 1.52% | 1.59% | 1.71% | 1.82% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Pope County, Illinois
In Pope 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 Pope 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 Pope 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. In Pope County, Metropolis has the highest median tax bill at $2,092, while Tunnel Hill has the lowest at $878. Being aware of these valuation processes in Pope County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Pope County Assessed Value
$84,555
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pope County, Illinois
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brookport | $26,715 | $38,146 | $70,830 | $115,038 | $192,379 |
Eddyville | $16,789 | $64,388 | $89,468 | $141,800 | $184,713 |
Golconda | $22,133 | $46,352 | $82,725 | $133,859 | $199,401 |
Grantsburg | $36,130 | $54,285 | $87,426 | $117,513 | $216,483 |
Harrisburg | $35,676 | $50,417 | $80,007 | $162,868 | $201,273 |
Herod | $39,944 | $64,266 | $85,674 | $135,909 | $205,319 |
Metropolis | $69,098 | $118,938 | $156,189 | $168,766 | $199,192 |
Ozark | $27,099 | $47,310 | $65,430 | $84,021 | $183,558 |
Simpson | $37,855 | $60,186 | $97,659 | $155,940 | $215,940 |
Stonefort | $35,987 | $54,866 | $108,180 | $156,446 | $196,305 |
Tunnel Hill | $37,080 | $43,525 | $54,266 | $65,006 | $71,451 |
Source: Ownwell
Property Tax Bills Across Pope County, Illinois
In Pope County, IL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The county then applies the local tax rate to this assessed value to determine the tax bill. For example, the median home price in Pope County is $84,555. Homeowners in the 25th percentile of tax bills pay around $657, while those in the 75th percentile face bills of approximately $2,170. At the 90th percentile, tax bills can reach up to $3,335. Several factors influence these tax bills, including the local tax rate and any applicable exemptions or deductions. Higher property taxes can significantly impact homeowners, as seen in Metropolis, where the median tax bill is $2,092, compared to Tunnel Hill's lower median of $878. These differences can affect homeowners' financial planning and property affordability. Understanding how these factors interplay is crucial for homeowners to anticipate their annual property tax obligations.
Average Pope County Tax Bill
$1,262
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Pope County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Brookport | $152 | $525 | $974 | $1,653 | $3,058 |
Eddyville | $228 | $587 | $1,463 | $2,186 | $3,448 |
Golconda | $247 | $623 | $1,180 | $2,107 | $3,286 |
Grantsburg | $518 | $643 | $997 | $1,628 | $3,310 |
Harrisburg | $510 | $666 | $1,357 | $2,701 | $3,094 |
Herod | $484 | $888 | $1,414 | $2,249 | $3,345 |
Metropolis | $803 | $1,387 | $2,092 | $2,876 | $3,595 |
Ozark | $426 | $478 | $969 | $1,288 | $2,207 |
Simpson | $432 | $912 | $1,515 | $2,413 | $3,707 |
Stonefort | $408 | $859 | $1,564 | $2,486 | $3,233 |
Tunnel Hill | $684 | $757 | $878 | $999 | $1,072 |
Source: Ownwell