Jewett, Cumberland County, Illinois Property Taxes

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

Median Jewett, IL effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Jewett, IL home value: $97,194
Median annual Jewett, IL tax bill: $1,861, $539 lower than the national median property tax bill of $2,400.

How are property taxes in Cumberland calculated?

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

Last Updated March 1, 2025

Jewett, Cumberland County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$1,769

$1,642

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

Property Tax Rates Across Jewett, Cumberland County, Illinois

Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their budget needs to provide essential services and divide this by the total value of all taxable property in their area, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the basic annual process. In Jewett, located in Cumberland County, Illinois, the effective property tax rate is 1.82%. This rate is higher than the national median property tax rate of 1.02%. When compared to other cities in Illinois, Jewett's property tax rate is consistent, as both the highest and lowest median tax rates in the state are also 1.82%. This suggests a uniformity in property tax rates across the region. In contrast, the median property tax bill nationally is $2,400, highlighting the variation in tax burdens across different regions.

Property Tax Rates Across Jewett, Cumberland County, Illinois

Source: Ownwell

1.72%

1.90%

2.08%

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 Jewett Tax Rate

1.82%

Median Effective Cumberland County Tax Rate

1.86%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jewett, Cumberland County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62436	1.42%	1.62%	1.82%	2.11%	2.33%

Source: Ownwell

Property Tax Assessment Values Across Jewett, Cumberland County, Illinois

When examining property taxes in Jewett, 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 Cumberland 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. Assessment notices: In Cumberland 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 Jewett. For example, the median home price in Jewett is $97,194, with tax bills ranging significantly across the county. 62436 has the highest median home price at $97,194.

Property Tax Assessment Values Across Jewett, Cumberland County, Illinois

Source: Ownwell

$87,810

$141,452

$195,093

Median Jewett Market Value

$97,194

Median Cumberland County Market Value

$107,319

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jewett, Cumberland County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62436	$20,452	$52,214	$97,194	$150,734	$193,874

Source: Ownwell

Property Tax Bills Across Jewett, Cumberland County, Illinois

In Jewett, Cumberland County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by local government assessors. The assessed value is typically a percentage of the market value, and this figure is then multiplied by the local tax rate to determine the annual tax bill. In Jewett, homeowners experience a range of property tax bills, with the 25th percentile at $1,052 and the 75th percentile at $2,923. The 90th percentile reaches $3,639, indicating a significant variance in tax burdens. The median tax bill in Jewett is $1,861, which is below the national median of $2,400 and reflects a relatively moderate tax rate compared to the national average of 1.02%. For homeowners feeling the weight of these taxes, Ownwell offers expert property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share. This service can lead to substantial savings, easing the financial burden on property owners.

Property Tax Bills Across Jewett, Cumberland County, Illinois

Source: Ownwell

$1,446

$2,482

$3,517

Median Jewett Tax Bill

$1,861

Median Cumberland County Tax Bill

$1,976

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Jewett, Cumberland County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62436	$434	$1,052	$1,861	$2,923	$3,639

Source: Ownwell