Brown County Property Taxes
The median property tax rate in Brown County is 2.59%, 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 Brown County at $92,528, the typical annual property tax bill reaches $2,224, which is still below the national median of $2,690. Property taxes in Brown 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 Brown 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 Mount Sterling or another part of Brown County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brown County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.59%
Estimate Property Tax Bill
$2,396
$2,224
Ownwell’s Brown County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Brown County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Brown 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 Brown County, Illinois
Property taxes in Brown County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Brown County is 2.59%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Brown County set these rates annually, and they can vary significantly between different areas within the county. Each year, Brown 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 Clayton has one of the higher property tax rates at 2.71%, while the city of Ripley boasts one of the lowest at 2.11%. Analyzing how Brown County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Brown County Tax Rate
2.59%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brown County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chambersburg | 1.92% | 2.38% | 2.60% | 2.72% | 2.73% |
| Clayton | 2.30% | 2.61% | 2.71% | 2.80% | 2.86% |
| Mount Sterling | 1.89% | 2.24% | 2.55% | 2.65% | 2.79% |
| Mt Sterling | 2.37% | 2.49% | 2.58% | 2.71% | 2.88% |
| Ripley | 2.11% | 2.11% | 2.11% | 2.11% | 2.11% |
| Timewell | 2.14% | 2.39% | 2.61% | 2.69% | 2.77% |
| Versailles | 1.81% | 2.31% | 2.67% | 2.77% | 2.87% |
Source: Ownwell
Property Tax Assessment Values Across Brown County, Illinois
In Brown 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 Brown 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 Brown 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. The highest median tax bill in Brown County is found in Timewell at $3,338, while Mt. Sterling has the lowest at $1,444. Being aware of these valuation processes in Brown County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Brown County Assessed Value
$92,528
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brown County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chambersburg | $36,900 | $76,462 | $120,570 | $155,602 | $195,738 |
| Clayton | $10,560 | $21,998 | $60,600 | $133,789 | $192,878 |
| Mount Sterling | $20,958 | $49,162 | $95,835 | $157,185 | $222,573 |
| Mt Sterling | $9,933 | $29,625 | $58,290 | $111,330 | $191,865 |
| Ripley | $98,625 | $98,625 | $98,625 | $98,625 | $98,625 |
| Timewell | $21,657 | $63,960 | $136,950 | $197,816 | $279,429 |
| Versailles | $18,738 | $42,930 | $86,970 | $123,450 | $193,557 |
Source: Ownwell
Property Tax Bills Across Brown County, Illinois
In Brown County, IL, property tax bills are calculated based on the assessed value of a home, which is typically a fraction of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, the tax rate set by local taxing authorities, and any applicable exemptions or deductions. For homeowners in Brown County, property tax bills can vary significantly. The 25th percentile tax bill is around $1,205, while the 75th percentile reaches $3,656, and the 90th percentile can be as high as $5,436. This range indicates that homes in different parts of the county or with different assessed values can experience vastly different tax burdens. For example, Timewell has the highest median tax bill at $3,338, whereas Mt. Sterling has the lowest at $1,444. With the national median property tax rate at 0.99%, understanding these local variations is crucial for homeowners to budget effectively and anticipate their annual property tax obligations.
Average Brown County Tax Bill
$2,224
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Brown County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Chambersburg | $960 | $1,650 | $2,678 | $3,803 | $5,243 |
| Clayton | $453 | $790 | $2,117 | $3,677 | $4,767 |
| Mount Sterling | $635 | $1,244 | $2,223 | $3,660 | $5,411 |
| Mt Sterling | $629 | $975 | $1,444 | $2,681 | $5,028 |
| Ripley | $2,086 | $2,086 | $2,086 | $2,086 | $2,086 |
| Timewell | $640 | $1,793 | $3,338 | $5,033 | $6,875 |
| Versailles | $542 | $1,089 | $2,154 | $3,133 | $5,001 |
Source: Ownwell