Arenzville, Cass County, Illinois Property Taxes

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

Median Arenzville, IL effective property tax rate: 2.09%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Arenzville, IL home value: $100,905
Median annual Arenzville, IL tax bill: $2,133, $267 lower than the national median property tax bill of $2,400.

How are property taxes in Cass calculated?

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

Last Updated March 1, 2025

Arenzville, Cass County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.09%

Estimate Property Tax Bill

$2,109

$1,957

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

Property Tax Rates Across Arenzville, Cass County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell. In Arenzville, located in Cass County, Illinois, the effective property tax rate is notably higher than the national median. With a median property tax rate of 2.09%, Arenzville's rate exceeds the national median rate of 1.02%. This places a higher financial burden on property owners compared to the national average. In contrast, the median property tax bill in Arenzville is substantially higher than the national median property tax bill of $2,400. This disparity highlights the significant impact of local tax rates on homeowners' expenses. Understanding these differences can help property owners in Arenzville make informed decisions about their property investments and potential tax appeals.

Property Tax Rates Across Arenzville, Cass County, Illinois

Source: Ownwell

1.95%

2.16%

2.38%

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 Arenzville Tax Rate

2.09%

Median Effective Cass County Tax Rate

2.27%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Arenzville, Cass County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62611	1.60%	1.93%	2.09%	2.20%	2.34%

Source: Ownwell

Property Tax Assessment Values Across Arenzville, Cass County, Illinois

When examining property taxes in Arenzville, 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 Cass 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 Cass County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Arenzville.

For example, the median home price in Arenzville is $100,905, with tax bills ranging significantly across the county. Zip code 62611 has the highest median home price at $100,905.

Property Tax Assessment Values Across Arenzville, Cass County, Illinois

Source: Ownwell

$64,650

$101,231

$137,812

Median Arenzville Market Value

$100,905

Median Cass County Market Value

$72,645

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Arenzville, Cass County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62611	$45,705	$75,158	$100,905	$140,752	$196,863

Source: Ownwell

Property Tax Bills Across Arenzville, Cass County, Illinois

In Arenzville, located in Cass County, IL, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. The tax rate is applied to this assessed value to determine the final tax bill. Factors such as property size, location, and market trends influence the assessed value. Homeowners in Arenzville face a median property tax bill of $2,133, which is slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,460 and the 90th percentile reaching up to $4,342, indicating a wide range of potential tax liabilities.

These tax bills can be a significant financial burden for homeowners, impacting their overall financial well-being. This is where Ownwell comes in. By offering professional property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax bills, ensuring they only pay what is fair. Our expertise can help navigate the complexities of property tax assessments, providing peace of mind and potential savings.

Property Tax Bills Across Arenzville, Cass County, Illinois

Source: Ownwell

$1,478

$2,186

$2,893

Median Arenzville Tax Bill

$2,133

Median Cass County Tax Bill

$1,681

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Arenzville, Cass County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62611	$726	$1,460	$2,133	$3,184	$4,342

Source: Ownwell