Hardin, Calhoun County, Illinois Property Taxes

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

Median Hardin, IL effective property tax rate: 2.32%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Hardin, IL home value: $96,978
Median annual Hardin, IL tax bill: $1,990, $410 lower than the national median property tax bill of $2,400.

How are property taxes in Calhoun calculated?

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

Last Updated March 1, 2025

Hardin, Calhoun County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.32%

Estimate Property Tax Bill

$2,250

$2,088

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

Property Tax Rates Across Hardin, Calhoun County, Illinois

Local government entities are responsible for setting tax rates, which can differ significantly across regions. This variance occurs because each county annually calculates its necessary budget to maintain public services and divides it by the total value of all taxable property within its boundaries. This results in the property tax rate. Though the process involves votes and legal considerations, this is the fundamental annual procedure.

In Hardin, located in Calhoun County, Illinois, the effective property tax rate is notably high compared to other cities in the state. With a median tax rate of 2.32%, Hardin stands out, especially when contrasted with the national median property tax rate of 1.02%. This means property owners in Hardin pay a significantly higher percentage of their property's assessed value in taxes than the average U.S. homeowner. For residents, understanding these rates is crucial for financial planning and considering potential savings through property tax appeals or exemptions. By comparing Hardin's tax rates with state and national figures, property owners can better comprehend their tax obligations and explore ways to manage them effectively.

Property Tax Rates Across Hardin, 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 Hardin Tax Rate

2.32%

Median Effective Calhoun County Tax Rate

2.36%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hardin, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62047	1.29%	1.94%	2.32%	2.53%	2.53%

Source: Ownwell

Property Tax Assessment Values Across Hardin, Calhoun County, Illinois

When examining property taxes in Hardin, 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 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 Calhoun 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 Hardin. For example, the median home price in Hardin is $96,978, with tax bills ranging significantly across the county. Zip code 62047 has the highest median home price at $96,978.

Property Tax Assessment Values Across Hardin, Calhoun County, Illinois

Source: Ownwell

$53,367

$75,173

$96,978

Median Hardin Market Value

$96,978

Median Calhoun County Market Value

$86,121

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hardin, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62047	$28,820	$58,668	$96,978	$168,441	$235,318

Source: Ownwell

Property Tax Bills Across Hardin, Calhoun County, Illinois

In Hardin, located in Calhoun County, IL, property tax bills are calculated based on the assessed value of a homeowner's property. The assessed value is a percentage of the property's market value, which is determined by the local assessor's office. The property tax rate is then applied to this assessed value to calculate the tax bill. Factors such as local government budgets, school funding requirements, and public services influence the tax rate, impacting how much homeowners pay annually. For instance, while the national median property tax bill is $2,400, in Hardin, the median tax bill can reach up to $1,990. This suggests that homeowners in Hardin may face lower tax rates compared to the national average, yet individual bills can vary significantly, with the 90th percentile reaching $5,381. Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially reducing their property tax burden. By analyzing property assessments and identifying discrepancies, Ownwell ensures homeowners only pay their fair share, offering peace of mind and potential savings.

Property Tax Bills Across Hardin, Calhoun County, Illinois

Source: Ownwell

$1,115

$1,553

$1,990

Median Hardin Tax Bill

$1,990

Median Calhoun County Tax Bill

$1,736

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Hardin, Calhoun County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62047	$556	$1,121	$1,990	$3,318	$5,381

Source: Ownwell