Golden Eagle, Calhoun County, Illinois Property Taxes

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

Median Golden Eagle, IL effective property tax rate: 2.36%, significantly higher than the national median of 1.02%, but slightly higher than the Illinois state median of 2.35%.
Median Golden Eagle, IL home value: $92,418
Median annual Golden Eagle, IL tax bill: $1,819, $581 lower than the national median property tax bill of $2,400.

How are property taxes in Calhoun calculated?

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

Last Updated March 1, 2025

Golden Eagle, Calhoun County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.36%

Estimate Property Tax Bill

$2,181

$2,024

Ownwell’s Golden Eagle Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Golden Eagle with just two data points. By entering your property's estimated assessed value, our calculator applies Golden Eagle’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 Calhoun County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Golden Eagle, Calhoun County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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 Golden Eagle’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Property Tax Rates Across Golden Eagle, Calhoun County, Illinois

Source: Ownwell

2.17%

2.35%

2.54%

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 Golden Eagle Taxx Rate

2.36%

Median Effective Calhoun County Taxx Rate

2.36%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Golden Eagle, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62036	1.39%	1.99%	2.36%	2.36%	2.36%

Source: Ownwell

Property Tax Assessment Values Across Golden Eagle, Calhoun County, Illinois

When examining property taxes in Golden Eagle, IL, 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 Calhoun County Assessor’s Office 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. Assessment notices: Calhoun County sends assessment notices 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 Golden Eagle. For example, the median home price in Golden Eagle is $92,418, with tax bills ranging significantly across the county. Zip code 62036 has the highest median home price at $92,418.

Property Tax Assessment Values Across Golden Eagle, Calhoun County, Illinois

Source: Ownwell

$53,367

$75,173

$96,978

Median Golden Eagle Market Value

$92,418

Median Calhoun County Market Value

$86,121

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Golden Eagle, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62036	$18,093	$47,373	$92,418	$166,053	$244,282

Source: Ownwell

Property Tax Bills Across Golden Eagle, Calhoun County, Illinois

In Golden Eagle, located in Calhoun County, IL, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $92,418, homeowners in Golden Eagle face a range of tax bills. The 25th percentile tax bill is $967, while the 75th percentile reaches $3,179, and the 90th percentile can go up to $5,343. The median tax bill in the area is $1,819, which is below the national median of $2,400. These figures show that while some homeowners benefit from lower tax bills, others might find themselves paying significantly more. Ownwell steps in to assist homeowners by offering property tax appeal services. By analyzing property assessments and identifying potential overvaluations, Ownwell can help reduce tax liabilities, ensuring homeowners pay only what is fair. This service can lead to substantial savings, particularly for those at the higher end of the tax bill spectrum.

Property Tax Bills Across Golden Eagle, Calhoun County, Illinois

Source: Ownwell

$1,115

$1,553

$1,990

Median Golden Eagle Tax Bill

$1,819

Median Calhoun County Tax Bill

$1,736

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Golden Eagle, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62036	$339	$967	$1,819	$3,179	$5,343

Source: Ownwell