Leland, Dekalb County, Illinois Property Taxes
Median Leland, IL effective property tax rate: 3.05%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Leland, IL home value: $206,396
Median annual Leland, IL tax bill: $5,889, $3,489 higher than the national median property tax bill of $2,400.
How are property taxes in DeKalb calculated?
Property taxes in Leland, 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 Leland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Leland, Dekalb County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.05%
Estimate Property Tax Bill
$6,295
$5,842
Property Tax Rates Across Leland, Dekalb County, Illinois
Local government entities determine property tax rates, which can differ significantly across a state. This variation arises because each county annually calculates its budget needs for essential services and divides that by the total assessed value of all taxable property in its area, resulting in the property tax rate. While votes and legislation play roles in setting these rates and budgets, this is the basic annual procedure.
In Leland, located in DeKalb County, Illinois, the effective property tax rate is a notable 3.05%, which is significantly higher than the national median property tax rate of 1.02%. This places Leland among the highest in the state, as it shares this rate with other areas within the same zip code. This stark contrast highlights the importance of understanding your property tax obligations and exploring potential savings through appeals and exemptions. By comparing Leland's property tax rate to both state and national medians, property owners can gain a clearer understanding of their tax responsibilities and the potential benefits of seeking professional assistance to manage these costs effectively.
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 Leland Taxx Rate
3.05%
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 Leland, Dekalb County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60531 | 2.33% | 2.59% | 3.05% | 3.40% | 3.59% |
Source: Ownwell
Property Tax Assessment Values Across Leland, Dekalb County, Illinois
When examining property taxes in Leland, 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 DeKalb 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 DeKalb County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Leland. For example, the median home price in Leland is $206,396, with tax bills ranging significantly across the county. Zip code 60531 has the highest median home price at $206,396.
Property Tax Assessment Values Across Leland, Dekalb County, Illinois
Source: Ownwell
$145,544
$224,239
$302,934
Median Leland Market Value
$206,396
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 Leland, Dekalb County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60531 | $112,599 | $147,677 | $206,396 | $285,077 | $398,155 |
Source: Ownwell
Property Tax Bills Across Leland, Dekalb County, Illinois
Median Leland Tax Bill
$5,889
Median Dekalb County Tax Bill
$5,206
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Leland, Dekalb County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60531 | $3,347 | $4,321 | $5,889 | $9,249 | $13,562 |
Source: Ownwell