Waynesville, De Witt County, Illinois Property Taxes
Median Waynesville, IL effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Waynesville, IL home value: $133,459
Median annual Waynesville, IL tax bill: $3,996, $1,596 higher than the national median property tax bill of $2,400.
How are property taxes in De Witt calculated?
Property taxes in Waynesville, 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 Waynesville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Waynesville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Waynesville, De Witt County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.51%
Estimate Property Tax Bill
$3,350
$3,109
Property Tax Rates Across Waynesville, De Witt County, Illinois
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 Waynesville Tax Rate
2.51%
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 De Witt County Tax Rate
2.10%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Waynesville, De Witt County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61778 | 1.71% | 2.02% | 2.51% | 3.25% | 8.59% |
Source: Ownwell
Property Tax Assessment Values Across Waynesville, De Witt County, Illinois
When examining property taxes in Waynesville, 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 De Witt 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 De Witt 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 Waynesville. For example, the median home price in Waynesville is $133,459, with tax bills ranging significantly across the county. Zip code 61778 has the highest median home price at $133,459.
Property Tax Assessment Values Across Waynesville, De Witt County, Illinois
Source: Ownwell
$99,259
$142,705
$186,151
Median Waynesville Market Value
$133,459
Median De Witt County Market Value
$142,472
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Waynesville, De Witt County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61778 | $55,920 | $84,557 | $133,459 | $198,692 | $286,664 |
Source: Ownwell
Property Tax Bills Across Waynesville, De Witt County, Illinois
Property tax bills in Waynesville, located in De Witt County, IL, are determined by assessing the property's market value and applying the local tax rate. The median home price in Waynesville is approximately $133,459, which influences the overall tax bill. Homeowners in this area typically experience tax bills ranging from $2,334 at the 25th percentile to $8,134 at the 90th percentile, reflecting the variability in property values and tax rates within the region. The median property tax bill in Waynesville is $3,996, significantly higher than the national median of $2,400. This difference highlights the impact of local tax rates on homeowners' financial responsibilities.
Ownwell offers valuable assistance to homeowners in Waynesville by providing property tax appeal and exemption services. By leveraging expert knowledge of local tax laws and market conditions, Ownwell can identify potential savings for homeowners, helping to reduce their tax burden. This service is particularly beneficial for those facing higher-than-average tax bills, ensuring they pay only their fair share.
Median Waynesville Tax Bill
$3,996
Median De Witt County Tax Bill
$3,614
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Waynesville, De Witt County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61778 | $1,540 | $2,334 | $3,996 | $6,010 | $8,134 |
Source: Ownwell