Edwards County, Illinois Property Taxes

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

Median Edwards County effective property tax rate: 2.43%, significantly higher than the national median of 1.02%.
Median Edwards County home value: $30,360
Median annual Edwards County tax bill: $698, $1,702 lower than the national median property tax bill of $2,400.

How are property taxes in Edwards County calculated?

Property taxes in Edwards County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Albion or another part of Edwards County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Edwards County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.43%

Estimate Property Tax Bill

$738

$685

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

Property Tax Rates Across Edwards County, Illinois

Local government entities set property tax rates, which can vary significantly within a state. Each county, like Edwards County in Illinois, estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate. Although voting and legislation play a role in determining tax rates and budgets, this is the crux of the annual process. Edwards County's effective property tax rate stands at 2.43%, which is notably higher than the national median property tax rate of 1.02%. This rate reflects the county's budgetary needs and the value of properties within its borders. When compared to other counties in Illinois or the U.S. median property tax rate, Edwards County's rate underscores the variability in property tax obligations homeowners may encounter. Understanding these differences is crucial for property owners who wish to manage their tax liabilities effectively.

Property Tax Rates Across Edwards County, Illinois

Source: Ownwell

2.43%

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 Edwards County Tax Rate

2.43%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Edwards County, Illinois

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Albion	1.71%	2.05%	2.43%	2.43%	2.43%
Bone Gap	N/A	N/A	N/A	N/A	N/A
Browns	N/A	N/A	N/A	N/A	N/A
Grayville	N/A	N/A	N/A	N/A	N/A
West Salem	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Edwards County, Illinois

When examining property taxes in Edwards County, 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 Edwards County Board of Review 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 Edwards 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 Edwards County. For example, the median tax bill in Edwards County is $698, with tax bills ranging significantly across the county. Albion has the highest median home price at $31,350.

Property Tax Assessment Values Across Edwards County, Illinois

Source: Ownwell

$31,350

Median Edwards County Market Value

$30,360

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Edwards County, Illinois

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Albion	$15,180	$21,600	$31,350	$55,050	$78,798
Bone Gap	N/A	N/A	N/A	N/A	N/A
Browns	N/A	N/A	N/A	N/A	N/A
Grayville	N/A	N/A	N/A	N/A	N/A
West Salem	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Edwards County, Illinois

Property tax bills in Edwards County, Illinois, are determined by assessing the property's market value and applying the local tax rate. The county's median home price stands at $30,360, which is significantly lower than the national median. This lower home value contributes to a median property tax bill of $698 in Albion, which is both the highest and lowest in the county, reflecting consistent tax rates across the region. Homeowners in Edwards County can expect their tax bills to range widely, from the 25th percentile at $437 to the 90th percentile at $1,797. These figures are considerably below the national median property tax bill of $2,400. The relatively low property tax rate in Edwards County can make homeownership more affordable, but it also means less revenue for public services compared to counties with higher tax rates. Understanding these factors is crucial for homeowners as they impact the affordability of living in the area and the level of public services they can expect.

Property Tax Bills Across Edwards County, Illinois

Source: Ownwell

$698

Median Edwards County Tax Bill

$698

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Edwards County, Illinois

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Albion	$272	$513	$698	$1,303	$1,737
Bone Gap	N/A	N/A	N/A	N/A	N/A
Browns	N/A	N/A	N/A	N/A	N/A
Grayville	N/A	N/A	N/A	N/A	N/A
West Salem	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Find your City

Albion