Wrights, Greene County, Illinois Property Taxes

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

Median WRIGHTS, IL effective property tax rate: 1.97%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median WRIGHTS, IL home value: $32,735
Median annual WRIGHTS, IL tax bill: $411, $1,989 lower than the national median property tax bill of $2,400.

How are property taxes in Greene calculated?

Property taxes in WRIGHTS, 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 WRIGHTS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WRIGHTS, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Wrights, Greene County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.97%

Estimate Property Tax Bill

$645

$598

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

Property Tax Rates Across Wrights, Greene County, Illinois

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Wrights’ effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Wrights, located in Greene County, has a property tax rate of 1.97%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates in this area are the same. Residents in Wrights face a property tax rate that is nearly double the national median, highlighting the importance of understanding local tax obligations and potential appeal opportunities.

Property Tax Rates Across Wrights, Greene County, Illinois

Source: Ownwell

1.60%

2.00%

2.41%

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 Wrights Tax Rate

1.97%

Median Effective Greene County Tax Rate

2.00%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Wrights, Greene County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62098	1.01%	1.38%	1.97%	2.38%	2.38%

Source: Ownwell

Property Tax Assessment Values Across Wrights, Greene County, Illinois

When examining property taxes in Wrights, 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 Greene 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 Greene 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 Wrights. For example, the median home price in Wrights is $32,735, with tax bills ranging significantly across the county. Zip code 62098 has the highest median home price at $32,735.

Property Tax Assessment Values Across Wrights, Greene County, Illinois

Source: Ownwell

$12,179

$51,140

$90,100

Median Wrights Market Value

$32,735

Median Greene County Market Value

$57,802

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Wrights, Greene County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62098	$2,537	$7,710	$32,735	$53,412	$69,228

Source: Ownwell

Property Tax Bills Across Wrights, Greene County, Illinois

In Wrights, located in Greene County, IL, property tax bills are primarily determined by the assessed value of a home, which is a percentage of its market value. The local tax rate, which varies within the county, is then applied to this assessed value to calculate the annual tax bill. Homeowners in Wrights typically face a median property tax bill of $411, which is significantly lower than the national median property tax bill of $2,400. This lower tax burden is beneficial for local homeowners, but it's important to consider that even within Wrights, tax bills can vary widely, with amounts ranging from the 25th percentile at $125 to the 90th percentile at $1,588.

Ownwell offers a valuable service by helping homeowners potentially lower their tax bills through property tax appeals and exemptions. With expertise in local tax regulations and a focus on maximizing savings, Ownwell can assist homeowners in Wrights in understanding their property assessments and navigating the appeal process to ensure fair taxation.

Property Tax Bills Across Wrights, Greene County, Illinois

Source: Ownwell

$177

$857

$1,536

Median Wrights Tax Bill

$411

Median Greene County Tax Bill

$1,090

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Wrights, Greene County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62098	$60	$125	$411	$811	$1,588

Source: Ownwell