Vergennes, Jackson County, Illinois Property Taxes

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

Median Vergennes, IL effective property tax rate: 1.95%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Vergennes, IL home value: $79,468
Median annual Vergennes, IL tax bill: $1,550, $850 lower than the national median property tax bill of $2,400.

How are property taxes in Jackson calculated?

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

Last Updated March 1, 2025

Vergennes, Jackson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.95%

Estimate Property Tax Bill

$1,550

$1,438

Ownwell’s Vergennes Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Vergennes with just two data points.

By entering your property's estimated assessed value, our calculator applies Vergennes’ 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 Vergennes, Jackson County, Illinois

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Vergennes in Jackson County, Illinois, stands out with an effective property tax rate of 1.95%, which is significantly higher than the national median of 1.02%. This high rate reflects the county's budgeting needs and the value of taxable property within its jurisdiction. Compared to other cities in Illinois, Vergennes shares the highest median tax rate, indicating a consistent approach across the region. Homeowners in Vergennes may find their tax bills higher than the national median property tax bill of $2,400, underscoring the importance of understanding local tax dynamics. Exploring tax appeal and exemption services can be beneficial for property owners aiming to manage their tax liabilities effectively.

Property Tax Rates Across Vergennes, 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 Vergennes Tax Rate

1.95%

Median Effective Jackson County Tax Rate

2.84%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Vergennes, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62994	0.97%	1.63%	1.95%	2.26%	2.48%

Source: Ownwell

Property Tax Assessment Values Across Vergennes, Jackson County, Illinois

When examining property taxes in Vergennes, Illinois, 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's Office 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 Vergennes.

For example, the median home price in Vergennes is $79,468, with tax bills ranging significantly across the county. Zip code 62994 has the highest median home price at $79,468.

Property Tax Assessment Values Across Vergennes, Jackson County, Illinois

Source: Ownwell

$29,472

$87,741

$146,010

Median Vergennes Market Value

$79,468

Median Jackson County Market Value

$84,759

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Vergennes, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62994	$21,856	$47,960	$79,468	$125,360	$188,781

Source: Ownwell

Property Tax Bills Across Vergennes, Jackson County, Illinois

In Vergennes, located in Jackson County, IL, property tax bills are primarily determined by the assessed value of a property. The assessed value is typically a percentage of the property's market value. Homeowners in Vergennes face a median property tax bill of $1,550, which is below the national median of $2,400. This is calculated based on various factors including the property's size, location, and condition. The tax bill can vary significantly, with the 25th percentile at $874 and the 75th percentile reaching $2,454. These taxes can be a significant financial burden for homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities. With expert guidance, homeowners can ensure they are not overpaying on their property taxes, ultimately saving money and easing the financial impact of property ownership.

Property Tax Bills Across Vergennes, Jackson County, Illinois

Source: Ownwell

$518

$2,411

$4,303

Median Vergennes Tax Bill

$1,550

Median Jackson County Tax Bill

$2,391

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Vergennes, Jackson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62994	$356	$874	$1,550	$2,454	$3,843

Source: Ownwell