De Soto, Jackson County, Illinois Property Taxes

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

Median DE SOTO, IL effective property tax rate: 3.01%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median DE SOTO, IL home value: $78,249
Median annual DE SOTO, IL tax bill: $2,282, $118 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

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

Last Updated March 1, 2025

De Soto, Jackson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.01%

Estimate Property Tax Bill

$2,355

$2,186

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

Property Tax Rates Across De Soto, Jackson County, Illinois

Local government entities in Illinois set property tax rates, which can vary widely within the state. Each year, counties estimate the budget needed to provide essential services and divide this by the total assessed value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the process. In De Soto, located in Jackson County, the effective property tax rate is 3.01%, which is notably higher than the national median property tax rate of 1.02%. This high rate places De Soto as having the highest median property tax rate in Illinois. This comparison highlights the significant variation in property tax rates within the state and against the national average. Understanding these differences is crucial for property owners considering tax appeal or exemption services, as it can lead to significant savings in areas with higher rates.

Property Tax Rates Across De Soto, Jackson County, Illinois

Source: Ownwell

1.86%

2.72%

3.58%

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 De Soto Taxx Rate

3.01%

Median Effective Jackson County Taxx Rate

2.84%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across De Soto, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62924	1.87%	2.44%	3.01%	3.76%	3.77%

Source: Ownwell

Property Tax Assessment Values Across De Soto, Jackson County, Illinois

When examining property taxes in DE SOTO, 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 Jackson County Assessor 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.

Assessment notices: In Jackson 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 DE SOTO.

For example, the median home price in DE SOTO is $78,249, with tax bills ranging significantly across the county. 62924 has the highest median home price at $78,249.

Property Tax Assessment Values Across De Soto, Jackson County, Illinois

Source: Ownwell

$29,472

$87,741

$146,010

Median De Soto Market Value

$78,249

Median Jackson County Market Value

$84,759

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across De Soto, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62924	$34,226	$56,383	$78,249	$110,984	$154,445

Source: Ownwell

Property Tax Bills Across De Soto, Jackson County, Illinois

In De Soto, located in Jackson County, IL, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. In this region, the median home price is $78,249. Homeowners may see tax bills ranging from the 25th percentile at $1,442 to the 90th percentile at $5,018, with the highest and lowest median tax bill both recorded at $2,282 in certain zip codes. This is slightly below the national median property tax bill of $2,400. For homeowners, these taxes can represent a significant annual expense. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments, potentially leading to significant savings. By leveraging their expertise in property tax laws and local market conditions, Ownwell can identify discrepancies in assessments and work to reduce the tax burden for homeowners, ensuring they pay only their fair share.

Property Tax Bills Across De Soto, Jackson County, Illinois

Source: Ownwell

$518

$2,411

$4,303

Median De Soto Tax Bill

$2,282

Median Jackson County Tax Bill

$2,391

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across De Soto, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62924	$857	$1,442	$2,282	$3,387	$5,018

Source: Ownwell