Ashley, Jefferson County, Illinois Property Taxes
Median ASHLEY, IL effective property tax rate: 2.01%, significantly higher than the national median of 1.02%, but lower than the IL state median of 2.35%.
Median ASHLEY, IL home value: $107,128
Median annual ASHLEY, IL tax bill: $1,678, $722 lower than the national median property tax bill of $2,400.
How are property taxes in Jefferson calculated?
Property taxes in ASHLEY, 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 ASHLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ASHLEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ashley, Jefferson County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.01%
Estimate Property Tax Bill
$2,153
$1,998
Property Tax Rates Across Ashley, Jefferson County, Illinois
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 Ashley Taxx Rate
2.01%
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 Jefferson County Taxx Rate
2.20%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Ashley, Jefferson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62808 | 1.23% | 1.65% | 2.01% | 2.25% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Ashley, Jefferson County, Illinois
When examining property taxes in Ashley, 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 Jefferson 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 Jefferson 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 Ashley.
For example, the median home price in Ashley is $107,128, with tax bills ranging significantly across the county. Zip code 62808 has the highest median home price at $107,128.
Property Tax Assessment Values Across Ashley, Jefferson County, Illinois
Source: Ownwell
$43,035
$75,082
$107,128
Median Ashley Market Value
$107,128
Median Jefferson County Market Value
$61,827
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Ashley, Jefferson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62808 | $13,886 | $35,342 | $107,128 | $164,374 | $189,969 |
Source: Ownwell
Property Tax Bills Across Ashley, Jefferson County, Illinois
In Ashley, located in Jefferson County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Ashley is $107,128. Homeowners in this area face a median property tax bill that reflects local tax rates and the assessed value of their property. The 25th percentile tax bill is $803, while the 75th percentile reaches $2,895, indicating a range of tax burdens depending on property value and location within the city. The highest median tax bill recorded in the area is $1,678, which is below the national median property tax bill of $2,400.
Property taxes can significantly affect homeowners by increasing their annual expenses. Ownwell offers services to help homeowners in Ashley potentially reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell aims to ensure that homeowners are not overpaying on their taxes, thus offering a chance to save money. This service can be particularly beneficial for those facing higher tax rates or incorrect property assessments.
Median Ashley Tax Bill
$1,678
Median Jefferson County Tax Bill
$1,229
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Ashley, Jefferson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62808 | $244 | $803 | $1,678 | $2,895 | $3,928 |
Source: Ownwell