La Moille, Bureau County, Illinois Property Taxes

Name: Property Tax Bills Across La Moille, Bureau County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median La Moille, IL effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median La Moille, IL home value: $100,056
Median annual La Moille, IL tax bill: $2,058, $342 lower than the national median property tax bill of $2,400.

How are property taxes in Bureau calculated?

Property taxes in La Moille, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding La Moille’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in La Moille, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

La Moille, Bureau County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.15%

Estimate Property Tax Bill

$2,151

$1,996

Ownwell’s La Moille Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in La Moille with just two data points. By entering your property's estimated assessed value, our calculator applies La Moille’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bureau County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across La Moille, Bureau County, Illinois

Local government entities determine property tax rates, which can differ significantly across a state. Each county estimates its budgetary needs for public services and divides this by the total value of all taxable properties in its area, resulting in the property tax rate. This annual process, influenced by votes and laws, sets the stage for the fiscal year. La Moille in Bureau County, Illinois, showcases an effective property tax rate that aligns with the state's median rate of 2.15%. This rate is significantly higher than the national median property tax rate of 1.02%, reflecting the local government's budgetary requirements and property values. The property tax rate in La Moille is among the highest in the state, indicating a robust local demand for public services funded by these taxes. Comparing La Moille's rate to the national average highlights the regional differences in tax obligations, emphasizing the importance of understanding local tax dynamics. This comparison provides valuable insights for property owners navigating the complexities of property tax assessments in Illinois.

Property Tax Rates Across La Moille, Bureau County, Illinois

Source: Ownwell

1.53%

2.27%

3.01%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective La Moille Taxx Rate

2.15%

Median Effective Bureau County Taxx Rate

2.33%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across La Moille, Bureau County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61330	1.35%	1.78%	2.15%	2.38%	2.79%

Source: Ownwell

Property Tax Assessment Values Across La Moille, Bureau County, Illinois

When examining property taxes in La Moille, Illinois, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bureau County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Bureau County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in La Moille.

For example, the median home price in La Moille is $100,056, with tax bills ranging significantly across the county. Zip code 61330 has the highest median home price at $100,056.

Property Tax Assessment Values Across La Moille, Bureau County, Illinois

Source: Ownwell

$45,459

$138,476

$231,492

Median La Moille Market Value

$100,056

Median Bureau County Market Value

$89,799

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across La Moille, Bureau County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61330	$42,467	$70,536	$100,056	$139,410	$195,258

Source: Ownwell

Property Tax Bills Across La Moille, Bureau County, Illinois

In La Moille, located in Bureau County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in La Moille is $100,056, with property tax bills ranging significantly. For instance, the 25th percentile tax bill is $1,329, while the 75th percentile reaches $3,150, and the 90th percentile climbs to $4,132. Despite these variations, the median property tax bill in La Moille is $2,058, which is below the national median of $2,400. Homeowners may find their tax bills burdensome, especially when they fall in the higher percentiles. This is where Ownwell can assist. By offering expert property tax appeal services, Ownwell helps homeowners potentially reduce their tax liabilities. Our team works to ensure that your property is fairly assessed, potentially resulting in significant savings on your property tax bill.

Property Tax Bills Across La Moille, Bureau County, Illinois

Source: Ownwell

$514

$2,463

$4,412

Median La Moille Tax Bill

$2,058

Median Bureau County Tax Bill

$2,024

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across La Moille, Bureau County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61330	$651	$1,329	$2,058	$3,150	$4,132

Source: Ownwell