Ingraham, Jasper County, Illinois Property Taxes

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

Median Ingraham, IL effective property tax rate: 6.10%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Ingraham, IL home value: $36,700
Median annual Ingraham, IL tax bill: $2,161, $239 lower than the national median property tax bill of $2,400.

How are property taxes in Jasper calculated?

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

Last Updated March 1, 2025

Ingraham, Jasper County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

6.1%

Estimate Property Tax Bill

$2,239

$2,077

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

Property Tax Rates Across Ingraham, Jasper County, Illinois

Local government entities set tax rates, which can vary widely within Illinois. Annually, Jasper 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 Ingraham’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Property Tax Rates Across Ingraham, Jasper County, Illinois

Source: Ownwell

2.72%

4.95%

7.18%

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 Ingraham Tax Rate

6.10%

Median Effective Jasper County Tax Rate

6.74%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ingraham, Jasper County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62434	3.30%	4.74%	6.10%	6.94%	7.33%

Source: Ownwell

Property Tax Assessment Values Across Ingraham, Jasper County, Illinois

When examining property taxes in Ingraham, 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 Jasper 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 Jasper 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 Ingraham.

For example, the median home price in Ingraham is $36,700, with tax bills ranging significantly across the county. Zip code 62434 has the highest median home price at $36,700.

Property Tax Assessment Values Across Ingraham, Jasper County, Illinois

Source: Ownwell

$22,715

$36,328

$49,940

Median Ingraham Market Value

$36,700

Median Jasper County Market Value

$34,930

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ingraham, Jasper County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62434	$7,024	$22,565	$36,700	$58,740	$77,547

Source: Ownwell

Property Tax Bills Across Ingraham, Jasper County, Illinois

In Ingraham, located in Jasper County, Illinois, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $36,700, homeowners in Ingraham face varying tax bills, ranging from $987 at the 25th percentile to $4,993 at the 90th percentile. The median property tax bill in the area is notably below the national median of $2,400. However, high property tax bills can still pose a financial burden on homeowners. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities. Through thorough analysis and strategic appeals, Ownwell ensures that homeowners are not overpaying on their property taxes, allowing them to save money and allocate resources more effectively.

Property Tax Bills Across Ingraham, Jasper County, Illinois

Source: Ownwell

$1,501

$2,404

$3,307

Median Ingraham Tax Bill

$2,161

Median Jasper County Tax Bill

$2,022

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Ingraham, Jasper County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62434	$430	$987	$2,161	$3,307	$4,993

Source: Ownwell