Makanda, Jackson County, Illinois Property Taxes

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

Median Makanda, IL effective property tax rate: 2.74%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Makanda, IL home value: $135,112
Median annual Makanda, IL tax bill: $3,546, $1,146 higher than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

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

Last Updated March 1, 2025

Makanda, Jackson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.74%

Estimate Property Tax Bill

$3,702

$3,435

Ownwell’s Makanda Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Makanda with just two data points. By entering your property's estimated assessed value, our calculator applies Makanda’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 Makanda, Jackson 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. Makanda in Jackson County, Illinois, has a property tax rate of 2.74%. This rate is significantly higher than the national median property tax rate of 1.02%. In fact, Makanda's rate is among the highest in Illinois. When comparing Makanda's property tax rate to other cities in Illinois, it stands out for its substantial difference from both the state and national medians. Understanding these rates can help property owners in Makanda better navigate their tax responsibilities and potentially explore appealing their property taxes or seeking exemptions.

Property Tax Rates Across Makanda, 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 Makanda Taxx Rate

2.74%

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 Makanda, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62958	1.67%	2.43%	2.74%	3.06%	3.20%

Source: Ownwell

Property Tax Assessment Values Across Makanda, Jackson County, Illinois

When examining property taxes in Makanda, 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 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 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 Makanda. For example, the median home price in Makanda is $135,112, with tax bills ranging significantly across the county. Zip code 62958 has the highest median home price at $135,112.

Property Tax Assessment Values Across Makanda, Jackson County, Illinois

Source: Ownwell

$29,472

$87,741

$146,010

Median Makanda Market Value

$135,112

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 Makanda, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62958	$47,377	$80,437	$135,112	$209,406	$301,309

Source: Ownwell

Property Tax Bills Across Makanda, Jackson County, Illinois

In Makanda, located in Jackson County, IL, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Local tax rates are then applied to this assessed value to determine the final tax bill. Factors influencing this calculation include the property's market value, assessment level, and applicable exemptions. Homeowners in Makanda face a property tax bill that can range significantly, with the 25th percentile at $1,867 and the 75th percentile reaching $5,747. Notably, the 90th percentile tax bill can soar to $8,810. This variability underscores the importance of understanding property assessments and ensuring they reflect true market values. With a median tax bill of $3,546, Makanda's property taxes exceed the national median of $2,400, highlighting a potential area for savings. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners in Makanda potentially reduce their property tax bills by ensuring fair assessments and applying for eligible exemptions.

Property Tax Bills Across Makanda, Jackson County, Illinois

Source: Ownwell

$518

$2,411

$4,303

Median Makanda Tax Bill

$3,546

Median Jackson County Tax Bill

$2,391

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Makanda, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62958	$953	$1,867	$3,546	$5,747	$8,810

Source: Ownwell