Mendota, Bureau County, Illinois Property Taxes

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

Median Mendota, IL effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Mendota, IL home value: $231,492
Median annual Mendota, IL tax bill: $4,412, $2,012 higher than the national median property tax bill of $2,400.

How are property taxes in Bureau County calculated?

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

Last Updated March 1, 2025

Mendota, Bureau County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$4,537

$4,210

Ownwell’s Mendota Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mendota with just two data points. By entering your property's estimated assessed value, our calculator applies Mendota’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 Mendota, Bureau County, Illinois

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Mendota’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Mendota, located in Bureau County, has a property tax rate of 1.96%, which is significantly higher than the national median of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates in Bureau County are also 1.96%. The median property tax bill in Mendota reflects this higher rate, being notably above the national median of $2400. This comparison highlights the importance of understanding local property tax dynamics and the potential benefits of appealing your property tax assessment in areas with higher rates.

Property Tax Rates Across Mendota, 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 Mendota Taxx Rate

1.96%

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 Mendota, Bureau County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61342	1.72%	1.88%	1.96%	2.14%	2.28%

Source: Ownwell

Property Tax Assessment Values Across Mendota, Bureau County, Illinois

When examining property taxes in Mendota, 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 April. 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 Mendota. For example, the median home price in Mendota is $231,492, with tax bills ranging significantly across the county. Zip code 61342 has the highest median home price at $231,492.

Property Tax Assessment Values Across Mendota, Bureau County, Illinois

Source: Ownwell

$45,459

$138,476

$231,492

Median Mendota Market Value

$231,492

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 Mendota, Bureau County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61342	$38,229	$119,912	$231,492	$345,926	$451,401

Source: Ownwell

Property Tax Bills Across Mendota, Bureau County, Illinois

In Mendota, located in Bureau County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $231,492. Homeowners can expect a property tax bill that varies widely, with the 25th percentile paying around $2,360 and the 75th percentile paying up to $6,292. This range indicates how tax bills can significantly impact household budgets, with some homeowners paying nearly four times more than others. The national median property tax rate is 1.02%, and Mendota's rates can lead to tax bills that are above the national median of $2,400.

Ownwell offers services to help homeowners reduce their property tax bills by ensuring their home's assessed value is accurate and fair. By analyzing market trends and local tax assessments, Ownwell can assist in filing appeals and securing exemptions, potentially saving homeowners hundreds or even thousands of dollars annually. This service can be particularly beneficial in regions like Mendota, where tax bills can be a significant financial burden.

Property Tax Bills Across Mendota, Bureau County, Illinois

Source: Ownwell

$514

$2,463

$4,412

Median Mendota Tax Bill

$4,412

Median Bureau County Tax Bill

$2,024

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Mendota, Bureau County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61342	$734	$2,360	$4,412	$6,292	$9,350

Source: Ownwell