Sangamon County Property Taxes
The median property tax rate in Sangamon County is 2.31%, 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 Sangamon County at $144,820, the typical annual property tax bill reaches $3,283, surpassing the national median of $2,690. Property taxes in Sangamon 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 Sangamon 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 Springfield or another part of Sangamon County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sangamon 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 Sangamon County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Sangamon County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Sangamon 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 Sangamon County, Illinois
Property taxes in Sangamon County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sangamon County is 2.31%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Sangamon County set these rates annually, and they can vary significantly between different areas within the county. Each year, Sangamon 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 Sangamon County's effective property tax rate with other areas in Illinois and the national median. For comparison, the city of Springfield has one of the higher property tax rates in Illinois at 2.40%, while the city of Auburn boasts one of the lowest at 1.74%. Analyzing how Sangamon County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sangamon County Tax Rate
2.31%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sangamon County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | 2.07% | 2.07% | 2.07% | 2.07% | 2.07% |
| Athens | 1.37% | 1.63% | 1.85% | 2.04% | 2.11% |
| Auburn | 1.30% | 1.59% | 1.74% | 1.84% | 2.03% |
| Berlin | 2.31% | 2.31% | 2.31% | 2.31% | 2.31% |
| Buffalo | 1.49% | 1.73% | 1.89% | 2.03% | 2.19% |
| Cantrall | 1.63% | 1.90% | 2.02% | 2.10% | 2.17% |
| Chatham | 1.97% | 2.19% | 2.31% | 2.40% | 2.45% |
| Dawson | 1.43% | 1.71% | 1.90% | 1.98% | 2.06% |
| Divernon | 1.37% | 1.78% | 1.93% | 2.05% | 2.13% |
| Glenarm | 1.73% | 1.97% | 2.09% | 2.15% | 2.22% |
| Illiopolis | 1.17% | 1.67% | 1.95% | 2.08% | 2.17% |
| Lanesville | 1.69% | 1.80% | 1.97% | 2.23% | 2.38% |
| Loami | 1.48% | 1.88% | 2.05% | 2.16% | 2.29% |
| Mechanicsburg | 1.41% | 1.74% | 1.91% | 2.08% | 2.20% |
| New Berlin | 1.59% | 1.93% | 2.10% | 2.21% | 2.30% |
| Pawnee | 1.50% | 1.87% | 2.08% | 2.19% | 2.32% |
| Pleasant Plains | 1.68% | 2.02% | 2.22% | 2.35% | 2.46% |
| Riverton | 1.65% | 1.88% | 2.02% | 2.10% | 2.19% |
| Rochester | 1.92% | 2.08% | 2.19% | 2.29% | 2.36% |
| Sherman | 1.89% | 2.05% | 2.18% | 2.27% | 2.38% |
| Spaulding | 1.68% | 1.82% | 2.00% | 2.10% | 2.14% |
| Springfield | 1.77% | 2.16% | 2.40% | 2.63% | 2.90% |
| Thayer | 1.03% | 1.37% | 1.80% | 2.04% | 2.30% |
| Virden | 1.94% | 2.15% | 2.37% | 2.54% | 2.65% |
| Waverly | 1.60% | 1.81% | 1.99% | 2.20% | 2.33% |
| Williamsville | 1.77% | 2.09% | 2.31% | 2.43% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Sangamon County, Illinois
In Sangamon 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 Sangamon 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 Sangamon 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 Sangamon County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Sangamon County, the highest median tax bill is in Sherman at $4,879, while Berlin has the lowest median tax bill at $276. With the national median property tax rate at 0.99%, understanding these local nuances can help you make informed decisions about your property taxes.
Property Tax Assessment Values Across Sangamon County, Illinois
Source: Ownwell
$11,919
$133,027
$254,134
Average Sangamon County Assessed Value
$144,820
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sangamon County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $81,366 | $81,366 | $81,366 | $81,366 | $81,366 |
| Athens | $63,979 | $91,796 | $135,578 | $206,971 | $313,421 |
| Auburn | $61,735 | $91,714 | $133,426 | $185,348 | $257,338 |
| Berlin | $4,863 | $6,276 | $11,919 | $21,816 | $31,813 |
| Buffalo | $52,263 | $83,626 | $119,690 | $168,614 | $215,325 |
| Cantrall | $66,512 | $126,279 | $213,084 | $278,313 | $343,741 |
| Chatham | $113,579 | $141,808 | $204,646 | $267,964 | $333,777 |
| Dawson | $60,028 | $95,618 | $155,260 | $213,027 | $264,002 |
| Divernon | $58,366 | $83,133 | $116,736 | $168,021 | $203,414 |
| Glenarm | $106,093 | $151,425 | $188,523 | $228,384 | $282,892 |
| Illiopolis | $53,054 | $78,232 | $107,106 | $135,852 | $174,641 |
| Lanesville | $58,735 | $69,045 | $86,229 | $86,319 | $86,373 |
| Loami | $70,471 | $88,396 | $131,602 | $188,527 | $236,332 |
| Mechanicsburg | $34,575 | $89,559 | $131,727 | $205,756 | $306,578 |
| New Berlin | $60,597 | $109,024 | $160,646 | $220,316 | $308,553 |
| Pawnee | $69,893 | $100,168 | $135,756 | $175,395 | $237,471 |
| Pleasant Plains | $60,293 | $101,965 | $164,064 | $228,618 | $302,840 |
| Riverton | $81,321 | $108,353 | $140,756 | $187,221 | $232,356 |
| Rochester | $130,763 | $161,772 | $206,022 | $283,251 | $373,203 |
| Sherman | $147,404 | $180,189 | $224,553 | $296,887 | $368,360 |
| Spaulding | $100,186 | $135,067 | $175,851 | $231,678 | $275,073 |
| Springfield | $49,522 | $80,724 | $130,887 | $202,524 | $298,219 |
| Thayer | $33,929 | $44,221 | $59,046 | $75,836 | $105,805 |
| Virden | $131,510 | $141,769 | $161,278 | $193,676 | $242,059 |
| Waverly | $50,431 | $65,760 | $113,112 | $148,218 | $250,108 |
| Williamsville | $99,334 | $135,242 | $187,258 | $257,512 | $324,634 |
Source: Ownwell
Property Tax Bills Across Sangamon County, Illinois
In Sangamon 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 local tax rate is then applied to this assessed value to determine the tax bill. For instance, the median home price in Sangamon County is $144,820. Homeowners in this county can expect a wide range of property tax bills, with the 25th percentile at $1,918 and the 75th percentile reaching $5,088. At the higher end, the 90th percentile tax bill can go up to $7,491. Several factors influence these tax bills, including the home's assessed value, local tax rates, and any applicable exemptions. For example, the highest median tax bill in the county is $4,879 in Sherman, while Berlin sees the lowest at $276. These variations can significantly impact homeowners, affecting their financial planning and overall cost of living. Understanding these factors can help homeowners anticipate their annual property tax obligations more accurately.
Average Sangamon County Tax Bill
$3,283
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Sangamon County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Ashland | $1,682 | $1,682 | $1,682 | $1,682 | $1,682 |
| Athens | $1,045 | $1,465 | $2,457 | $4,219 | $6,716 |
| Auburn | $853 | $1,425 | $2,232 | $3,333 | $4,883 |
| Berlin | $112 | $145 | $276 | $504 | $736 |
| Buffalo | $955 | $1,522 | $2,291 | $3,264 | $4,331 |
| Cantrall | $1,169 | $2,325 | $4,250 | $5,770 | $7,219 |
| Chatham | $2,361 | $3,119 | $4,659 | $6,336 | $8,020 |
| Dawson | $934 | $1,517 | $2,767 | $4,084 | $5,094 |
| Divernon | $857 | $1,409 | $2,206 | $3,385 | $4,173 |
| Glenarm | $1,894 | $2,955 | $3,858 | $4,785 | $5,925 |
| Illiopolis | $688 | $1,365 | $2,048 | $2,706 | $3,597 |
| Lanesville | $1,014 | $1,272 | $1,702 | $1,924 | $2,057 |
| Loami | $1,183 | $1,686 | $2,647 | $3,929 | $5,073 |
| Mechanicsburg | $558 | $1,392 | $2,407 | $4,116 | $6,477 |
| New Berlin | $1,038 | $2,035 | $3,314 | $4,693 | $6,627 |
| Pawnee | $1,090 | $1,823 | $2,751 | $3,641 | $5,210 |
| Pleasant Plains | $1,094 | $2,073 | $3,593 | $5,126 | $7,006 |
| Riverton | $1,409 | $2,046 | $2,790 | $3,825 | $4,763 |
| Rochester | $2,634 | $3,377 | $4,382 | $6,258 | $8,533 |
| Sherman | $2,877 | $3,706 | $4,879 | $6,667 | $8,456 |
| Spaulding | $1,641 | $2,472 | $3,462 | $4,881 | $5,811 |
| Springfield | $982 | $1,780 | $3,118 | $4,952 | $7,666 |
| Thayer | $349 | $638 | $1,004 | $1,517 | $2,134 |
| Virden | $2,413 | $3,076 | $3,851 | $4,697 | $6,355 |
| Waverly | $853 | $1,130 | $2,226 | $3,299 | $5,795 |
| Williamsville | $1,820 | $2,709 | $4,158 | $6,205 | $7,730 |
Source: Ownwell