Dowell, Jackson County, Illinois Property Taxes

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

Median Dowell, IL effective property tax rate: 1.86%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Dowell, IL home value: $36,734
Median annual Dowell, IL tax bill: $757, $1,643 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

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

Last Updated March 1, 2025

Dowell, Jackson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.86%

Estimate Property Tax Bill

$683

$634

Ownwell’s Dowell Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dowell with just two data points. By entering your property's estimated assessed value, our calculator applies Dowell’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 Dowell, Jackson County, Illinois

Local government entities determine tax rates, leading to significant variations within a state. Each year, counties estimate their required budget for services and divide this 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 setting these rates and budgets, this is essentially the annual process. In Dowell, located in Jackson County, the effective property tax rate can be compared to other cities in Illinois as well as the median property tax rates in Illinois and the U.S. Illinois has a median property tax rate of 1.86%, which is higher than the national median of 1.02%. This means property owners in Illinois, including those in Dowell, generally face higher property tax bills compared to the national average. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Dowell, 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 Dowell Taxx Rate

1.86%

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 Dowell, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62927	0.76%	1.23%	1.86%	2.93%	2.93%

Source: Ownwell

Property Tax Assessment Values Across Dowell, Jackson County, Illinois

When examining property taxes in Dowell, 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.

In Jackson 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 Dowell.

For example, the median home price in Dowell is $36,734, with tax bills ranging significantly across the county. Zip code 62927 has the highest median home price at $36,734.

Property Tax Assessment Values Across Dowell, Jackson County, Illinois

Source: Ownwell

$29,472

$87,741

$146,010

Median Dowell Market Value

$36,734

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 Dowell, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62927	$21,245	$27,208	$36,734	$52,141	$75,654

Source: Ownwell

Property Tax Bills Across Dowell, Jackson County, Illinois

In Dowell, located in Jackson County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors such as the home's location, size, and improvements can influence its assessed value. In Dowell, homeowners face a median property tax bill of $757, which is significantly lower than the national median of $2,400. This lower tax bill can be attributed to the modest median home price of $36,734 in the area. However, tax bills can vary, with the 25th percentile at $408 and the 90th percentile at $1,574. Homeowners can benefit from appealing their property tax assessments, potentially lowering their tax burden. Ownwell offers services to assist homeowners in navigating the appeal process, ensuring they do not overpay. By leveraging expert knowledge and local data, Ownwell can help homeowners achieve fair and reduced property tax bills.

Property Tax Bills Across Dowell, Jackson County, Illinois

Source: Ownwell

$518

$2,411

$4,303

Median Dowell Tax Bill

$757

Median Jackson County Tax Bill

$2,391

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Dowell, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62927	$150	$408	$757	$1,161	$1,574

Source: Ownwell