Willow Hill, Jasper County, Illinois Property Taxes

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

Median Willow Hill, IL effective property tax rate: 6.55%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Willow Hill, IL home value: $22,715
Median annual Willow Hill, IL tax bill: $1,501, $899 lower than the national median property tax bill of $2,400.

How are property taxes in Jasper calculated?

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

Last Updated March 1, 2025

Willow Hill, Jasper County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

6.55%

Estimate Property Tax Bill

$1,488

$1,381

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

Local government entities determine property tax rates, leading to significant variations within a state. Each county estimates its necessary budget for services and divides this by the total assessed value of all taxable property in its area, 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 Willow Hill, located in Jasper County, the effective property tax rate stands at 6.55%. This is not only the highest in the state of Illinois but also significantly above the national median property tax rate of 1.02%. The substantial difference highlights the variability in property tax rates across different regions. For residents of Willow Hill, this means a higher tax burden compared to many other areas both within Illinois and nationwide. Understanding these differences can be crucial for property owners, as they impact overall financial planning and real estate decisions. Comparing Willow Hill’s property tax rate with other cities in Illinois and against national figures provides a clearer perspective on local tax obligations.

Property Tax Rates Across Willow Hill, 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 Willow Hill Tax Rate

6.55%

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 Willow Hill, Jasper County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62480	2.06%	4.40%	6.55%	7.96%	8.63%

Source: Ownwell

Property Tax Assessment Values Across Willow Hill, Jasper County, Illinois

When examining property taxes in Willow Hill, 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 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 Willow Hill. For example, the median home price in Willow Hill is $22,715, with tax bills ranging significantly across the county. 62480 has the highest median home price at $22,715.

Property Tax Assessment Values Across Willow Hill, Jasper County, Illinois

Source: Ownwell

$22,715

$36,328

$49,940

Median Willow Hill Market Value

$22,715

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 Willow Hill, Jasper County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62480	$6,080	$12,615	$22,715	$41,681	$60,173

Source: Ownwell

Property Tax Bills Across Willow Hill, Jasper County, Illinois

In Willow Hill, located in Jasper County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. With a median home price of $22,715, homeowners face varying tax bills. The tax bill for the 25th percentile is $564, while those in the 75th percentile pay about $2,722. Some homeowners in the 90th percentile see bills as high as $3,846. This variation is influenced by factors such as property location, size, and local tax rates. The median tax bill in this area is significantly lower than the national median of $2,400. However, even with lower bills, homeowners can benefit from reductions. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging our expertise, homeowners can ensure they are not overpaying, potentially saving hundreds or even thousands of dollars annually. Our services provide the peace of mind that comes with knowing your property taxes are fair and accurate.

Property Tax Bills Across Willow Hill, Jasper County, Illinois

Source: Ownwell

$1,501

$2,404

$3,307

Median Willow Hill Tax Bill

$1,501

Median Jasper County Tax Bill

$2,022

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Willow Hill, Jasper County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62480	$231	$564	$1,501	$2,722	$3,846

Source: Ownwell