Andalusia, Illinois Property Taxes
The median property tax rate in Andalusia, IL is 2.66%, considerably higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Andalusia at $115,082, the typical annual property tax bill reaches $2,878, exceeding the national median of $2,690. Property taxes in Andalusia are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Andalusia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Andalusia or another part of Rock Island County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Andalusia, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.66%
Estimate Property Tax Bill
$3,061
$2,991
Ownwell’s Andalusia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Andalusia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Andalusia to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Andalusia, Illinois
Property taxes in Andalusia, Illinois, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Andalusia is 2.66%, significantly higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Andalusia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Andalusia estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Andalusia's effective property tax rate to other counties in Illinois and the national median. For comparison, the 61232 zip code has the highest median property tax rate of 2.66%, while the same zip code also has the lowest median tax rate of 2.66%. Understanding how these cities compare with Andalusia provides valuable insights into the varying tax landscape across Rock Island County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Andalusia Tax Rate
2.66%
Average Rock Island County Tax Rate
2.90%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Andalusia, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61232 | 2.40% | 2.61% | 2.66% | 2.66% | 3.00% |
Source: Ownwell
Property Tax Assessment Values Across Andalusia, Illinois
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Andalusia, Illinois. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Rock Island County Appraisal District for tax purposes. In contrast, the assessed value 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. In Andalusia, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Andalusia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,878, found in the 61232 zip code.
Average Andalusia Assessed Value
$115,082
Average Rock Island County Assessed Value
$104,406
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Andalusia, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61232 | $37,251 | $67,368 | $115,082 | $159,686 | $175,019 |
Source: Ownwell
Property Tax Bills Across Andalusia, Illinois
In Andalusia, Rock Island 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. Factors such as property location, size, and improvements can influence the assessed value. Andalusia's property tax rates can vary significantly, with tax bills ranging from the 25th percentile at $1,887 to the 75th percentile at $4,179, and reaching up to $4,822 at the 90th percentile. The highest and lowest median tax bills in the area are both recorded at $2,878 in the 61232 zip code, which is notably higher than the national median property tax rate of 0.99%. These property taxes are essential for funding local services such as schools, infrastructure, and emergency services, directly impacting homeowners by contributing to the overall quality of life in the community.
Average Andalusia Tax Bill
$2,878
Average Rock Island County Tax Bill
$2,928
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Andalusia, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61232 | $989 | $1,887 | $2,878 | $4,179 | $4,822 |
Source: Ownwell