Beecher City, Effingham County, Illinois Property Taxes
Median Beecher City, IL effective property tax rate: 1.56%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Beecher City, IL home value: $126,705
Median annual Beecher City, IL tax bill: $1,755, $645 lower than the national median property tax bill of $2,400.
How are property taxes in Effingham calculated?
Property taxes in Beecher City, 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 Beecher City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beecher City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Beecher City, Effingham County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.56%
Estimate Property Tax Bill
$1,977
$1,834
Property Tax Rates Across Beecher City, Effingham County, Illinois
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Beecher City, located in Effingham County, property owners face an effective property tax rate of 1.56%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Illinois matches Beecher City’s rate, highlighting the consistency in tax assessments across the state. Comparing Beecher City’s rate to other cities within Illinois, it stands at the higher end of the spectrum. This suggests that property owners in Beecher City might experience a larger financial burden compared to those in regions with lower rates. Understanding these differences is crucial for property owners looking to manage their tax liabilities 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 Beecher City Taxx Rate
1.56%
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 Effingham County Taxx Rate
1.69%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Beecher City, Effingham County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62414 | 0.20% | 1.04% | 1.56% | 1.81% | 2.01% |
Source: Ownwell
Property Tax Assessment Values Across Beecher City, Effingham County, Illinois
When examining property taxes in Beecher City, 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 Effingham 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 Effingham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Beecher City.
For example, the median home price in Beecher City is $126,705, with tax bills ranging significantly across the county. Zip code 62414 has the highest median home price at $126,705.
Property Tax Assessment Values Across Beecher City, Effingham County, Illinois
Source: Ownwell
$80,100
$142,005
$203,910
Median Beecher City Market Value
$126,705
Median Effingham County Market Value
$155,790
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Beecher City, Effingham County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62414 | $36,090 | $68,745 | $126,705 | $176,392 | $240,300 |
Source: Ownwell
Property Tax Bills Across Beecher City, Effingham County, Illinois
Property tax bills in Beecher City, located in Effingham County, IL, are determined by the assessed value of a home, which is a percentage of its market value. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Factors such as local government budgets, school funding, and public service needs influence the tax rate. In Beecher City, the median property tax bill stands at $1,755, which is below the national median of $2,400. This provides some relief for homeowners compared to the national average.
However, with tax bills ranging from $605 at the 25th percentile to $3,621 at the 90th percentile, some residents may still face significant financial burdens. Ownwell can assist homeowners in Beecher City by reviewing their property assessments and identifying potential discrepancies. By filing appeals and applying for applicable exemptions, Ownwell helps reduce the tax burden, ensuring homeowners pay only their fair share. This service is invaluable for those looking to save on property taxes and manage their expenses effectively.
Median Beecher City Tax Bill
$1,755
Median Effingham County Tax Bill
$2,476
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Beecher City, Effingham County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62414 | $101 | $605 | $1,755 | $2,765 | $3,621 |
Source: Ownwell