Clifton, Iroquois County, Illinois Property Taxes

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

Median Clifton, IL effective property tax rate: 2.48%, significantly higher than the national median of 1.02%, but slightly higher than the Illinois state median of 2.35%. Median Clifton, IL home value: $144,494. Median annual Clifton, IL tax bill: $3,709, $1,309 higher than the national median property tax bill of $2,400. How are property taxes in Iroquois calculated? Property taxes in Clifton, 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 Clifton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clifton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Clifton, Iroquois County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.48%

Estimate Property Tax Bill

$3,583

$3,325

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

Property Tax Rates Across Clifton, Iroquois County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this process encapsulates the annual routine.

In Clifton, located in Iroquois County, Illinois, the effective property tax rate stands at 2.48%. This rate is significantly higher than the national median property tax rate of 1.02% and the national median property tax bill of $2400. Within Illinois, Clifton’s rate is among the highest, indicating a substantial tax burden on property owners. This high rate reflects the county’s budgetary needs and the total value of taxable properties.

When comparing Clifton's property tax rate to other cities in Illinois and across the U.S., property owners can better understand their tax obligations and how they align with broader trends.

Property Tax Rates Across Clifton, Iroquois County, Illinois

Source: Ownwell

2.29%

2.65%

3.01%

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 Clifton Tax Rate

2.48%

Median Effective Iroquois County Tax Rate

2.59%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clifton, Iroquois County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60927	1.77%	2.11%	2.48%	2.92%	3.22%

Source: Ownwell

Property Tax Assessment Values Across Clifton, Iroquois County, Illinois

When examining property taxes in Clifton, 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 Iroquois 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 Iroquois 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 Clifton. For example, the median home price in Clifton is $144,494, with tax bills ranging significantly across the county. Zip code 60927 has the highest median home price at $144,494.

Property Tax Assessment Values Across Clifton, Iroquois County, Illinois

Source: Ownwell

$79,238

$114,214

$149,190

Median Clifton Market Value

$144,494

Median Iroquois County Market Value

$114,710

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clifton, Iroquois County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60927	$13,698	$96,616	$144,494	$220,382	$300,148

Source: Ownwell

Property Tax Bills Across Clifton, Iroquois County, Illinois

In Clifton, located in Iroquois County, IL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The tax rate is then applied to this assessed value to determine the annual tax bill. Factors influencing this calculation include the local tax rate set by various taxing authorities and any applicable exemptions or deductions. Homeowners in Clifton can face varying tax bills, with the 25th percentile at $2,429 and the 90th percentile reaching up to $8,816. The median tax bill in the area is $3,709, which is notably higher than the national median of $2,400. This can place a significant financial burden on homeowners. Ownwell can assist by providing expert property tax appeal services, potentially reducing the assessed value and, consequently, the tax bill. By leveraging their expertise, homeowners in Clifton can ensure they are not overpaying and can achieve substantial savings on their property tax obligations.

Property Tax Bills Across Clifton, Iroquois County, Illinois

Source: Ownwell

$2,117

$3,220

$4,322

Median Clifton Tax Bill

$3,709

Median Iroquois County Tax Bill

$3,017

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Clifton, Iroquois County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60927	$1,379	$2,429	$3,709	$6,685	$8,816

Source: Ownwell