Zeigler, Franklin County, Illinois Property Taxes
Median Zeigler, 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 Zeigler, IL home value: $18,570. Median annual Zeigler, IL tax bill: $527, $1,873 lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Zeigler, 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 Zeigler’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Zeigler, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Zeigler, Franklin County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.05%
Estimate Property Tax Bill
$566
$526
Property Tax Rates Across Zeigler, Franklin County, Illinois
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate their necessary budgets to fund services and then divide this amount by the total value of all taxable properties within their jurisdiction. This process determines the property tax rate. Although setting tax rates and budgets involves votes and legislative measures, this is the essence of the annual procedure.
In Zeigler, located in Franklin County, Illinois, the effective property tax rate is notably higher than both the state and national medians. With a rate of 3.05%, Zeigler's property tax rate is the highest in the state, significantly surpassing the national median property tax rate of 1.02%. This means that property owners in Zeigler face a considerably larger tax burden compared to many other cities across the country. Understanding these differences is crucial for property owners, as it impacts overall property costs and financial 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 Zeigler Tax 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 Franklin County Tax Rate
2.37%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Zeigler, Franklin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62999 | 1.08% | 1.58% | 3.05% | 3.05% | 3.05% |
Source: Ownwell
Property Tax Assessment Values Across Zeigler, Franklin County, Illinois
When examining property taxes in Zeigler, 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 Franklin 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 Franklin 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 Zeigler.
For example, the median home price in Zeigler is $18,570, with tax bills ranging significantly across the county. Zip code 62999 has the highest median home price at $18,570.
Property Tax Assessment Values Across Zeigler, Franklin County, Illinois
Source: Ownwell
$17,325
$57,900
$98,475
Median Zeigler Market Value
$18,570
Median Franklin County Market Value
$55,530
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Zeigler, Franklin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62999 | $4,476 | $6,548 | $18,570 | $36,915 | $44,331 |
Source: Ownwell
Property Tax Bills Across Zeigler, Franklin County, Illinois
In Zeigler, Illinois, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to the assessed value to calculate the tax bill. With a median home price of $18,570, Zeigler homeowners face a median property tax bill of $527. This is significantly lower than the national median property tax bill of $2,400, offering some relief to local homeowners. However, tax bills can vary widely, with amounts ranging from $175 at the 25th percentile to $1,319 at the 90th percentile. This variation can be attributed to differences in property values and local tax rates.
Ownwell assists homeowners by reviewing their property assessments and identifying potential savings. By appealing inaccurate assessments and ensuring all eligible exemptions are applied, Ownwell helps homeowners reduce their tax burden. This service can be particularly beneficial in Franklin County, where understanding and navigating the complexities of property tax regulations can lead to significant savings.
Median Zeigler Tax Bill
$527
Median Franklin County Tax Bill
$1,464
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Zeigler, Franklin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62999 | $101 | $175 | $527 | $964 | $1,319 |
Source: Ownwell