Rockwood, Jackson County, Illinois Property Taxes

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

Median Rockwood, IL effective property tax rate: 2.21%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Rockwood, IL home value: $84,122
Median annual Rockwood, IL tax bill: $1,674, $726 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

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

Last Updated March 1, 2025

Rockwood, Jackson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.21%

Estimate Property Tax Bill

$1,859

$1,725

Ownwell’s Rockwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rockwood with just two data points. By entering your property's estimated assessed value, our calculator applies Rockwood’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 Rockwood, 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. Below, you can compare Rockwood’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Rockwood, located in Jackson County, has a property tax rate of 2.21%, which stands out compared to the national median property tax rate of 1.02%. This higher rate reflects the local government's budgetary needs and the value of taxable properties in the area. Property owners in Rockwood can expect a property tax bill that is significantly higher than the national median of $2400, underscoring the importance of understanding local property tax dynamics and exploring potential tax appeal opportunities.

Property Tax Rates Across Rockwood, 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 Rockwood Taxx Rate

2.21%

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 Rockwood, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62280	0.75%	1.74%	2.21%	2.57%	2.82%

Source: Ownwell

Property Tax Assessment Values Across Rockwood, Jackson County, Illinois

When examining property taxes in Rockwood, 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.

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 Rockwood. For example, the median home price in Rockwood is $84,122, with tax bills ranging significantly across the county. Zip code 62280 has the highest median home price at $84,122.

Property Tax Assessment Values Across Rockwood, Jackson County, Illinois

Source: Ownwell

$29,472

$87,741

$146,010

Median Rockwood Market Value

$84,122

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 Rockwood, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62280	$21,823	$46,956	$84,122	$145,162	$189,800

Source: Ownwell

Property Tax Bills Across Rockwood, Jackson County, Illinois

In Rockwood, 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. For Rockwood homeowners, the median home price stands at $84,122. Property tax bills can vary significantly, with the 25th percentile at $751 and the 75th percentile reaching $3,255. At the 90th percentile, tax bills can rise to $4,691. These figures highlight the variability in tax burdens across different properties. With a highest median tax bill of $1,674 in the 62280 zip code, Rockwood's property tax bills are below the national median of $2,400. This can be advantageous for homeowners, but there is still potential for savings. Ownwell assists homeowners by identifying opportunities for property tax appeals and exemptions, potentially reducing their tax obligations. By leveraging expert knowledge and local insights, Ownwell can help ensure homeowners are not overpaying on their property taxes.

Property Tax Bills Across Rockwood, Jackson County, Illinois

Source: Ownwell

$518

$2,411

$4,303

Median Rockwood Tax Bill

$1,674

Median Jackson County Tax Bill

$2,391

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Rockwood, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62280	$208	$751	$1,674	$3,255	$4,691

Source: Ownwell