Earlville, Dekalb County, Illinois Property Taxes
Median Earlville, IL effective property tax rate: 2.81%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Earlville, IL home value: $185,595. Median annual Earlville, IL tax bill: $4,983, $2,583 higher than the national median property tax bill of $2,400.
How are property taxes in DeKalb calculated?
Property taxes in Earlville, 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 Earlville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Earlville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Earlville, Dekalb County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.81%
Estimate Property Tax Bill
$5,215
$4,840
Property Tax Rates Across Earlville, Dekalb County, Illinois
Local government entities determine property tax rates, and these can vary significantly across different areas within a state. This variation is due to the annual process where each county calculates its necessary budget to maintain services and divides this amount by the total assessed value of all taxable property in its jurisdiction. This calculation establishes the property tax rate. Although the process involves votes and legislation to set rates and budgets, this is the essence of how it works annually.
In Earlville, located in DeKalb County, Illinois, the effective property tax rate stands at 2.81%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting a common trend in Illinois where property tax rates often exceed the national average. When comparing Earlville’s rate to the median property tax rates in Illinois and the U.S., it becomes apparent that local factors significantly influence the tax burden on property owners. Understanding these differences can help property owners in Earlville and similar regions make informed decisions regarding property investments and tax planning.
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 Earlville Taxx Rate
2.81%
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 Dekalb County Taxx Rate
2.86%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Earlville, Dekalb County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60518 | 2.29% | 2.51% | 2.81% | 3.15% | 3.41% |
Source: Ownwell
Property Tax Assessment Values Across Earlville, Dekalb County, Illinois
When examining property taxes in Earlville, 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 DeKalb 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.
In DeKalb 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 Earlville. For example, the median home price in Earlville is $185,595, with tax bills ranging significantly across the county. Zip code 60518 has the highest median home price at $185,595.
Property Tax Assessment Values Across Earlville, Dekalb County, Illinois
Source: Ownwell
$145,544
$224,239
$302,934
Median Earlville Market Value
$185,595
Median Dekalb County Market Value
$185,016
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Earlville, Dekalb County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60518 | $86,536 | $131,541 | $185,595 | $261,216 | $333,423 |
Source: Ownwell
Property Tax Bills Across Earlville, Dekalb County, Illinois
In Earlville, located in DeKalb County, IL, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is a percentage of your property's market value, and the tax rate is set by local government entities. Homeowners in Earlville face a median property tax bill of $4,983, significantly higher than the national median of $2,400. Factors such as property location, local government budgets, and community services influence these rates. In Earlville, the tax bill can range from the 25th percentile at $3,715 to the 90th percentile at $10,702, reflecting the variability based on property value and location.
For homeowners, these taxes can be a substantial financial burden. However, Ownwell offers a solution by providing property tax appeal services. By analyzing property assessments and market conditions, Ownwell helps homeowners identify potential savings and file appeals to reduce their tax liability. This service can lead to significant savings, ensuring homeowners in Earlville pay only their fair share in property taxes.
Median Earlville Tax Bill
$4,983
Median Dekalb County Tax Bill
$5,206
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Earlville, Dekalb County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60518 | $2,086 | $3,715 | $4,983 | $7,372 | $10,702 |
Source: Ownwell