Opdyke, Jefferson County, Illinois Property Taxes

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

Median Opdyke, IL effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Opdyke, IL home value: $61,005
Median annual Opdyke, IL tax bill: $1,073, $1,327 lower than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

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

Last Updated March 1, 2025

Opdyke, Jefferson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$1,196

$1,110

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

Property Tax Rates Across Opdyke, Jefferson County, Illinois

Local government entities set tax rates, which can vary widely within a state. Each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is essentially the annual process. In Opdyke, situated in Jefferson County, Illinois, the effective property tax rate is 1.96%. This rate stands out when compared to the national median property tax rate of 1.02%. The property tax rate in Opdyke is significantly higher than the national median, indicating a greater demand for local services or a lower total property value within the jurisdiction. This can impact homeowners by increasing their annual tax bills, which can be a substantial financial consideration. Comparing these rates offers insight into how local government decisions can affect property owners in different regions. Understanding these differences is crucial for property owners considering an appeal or exemption, as it highlights the importance of staying informed about local tax policies and their implications.

Property Tax Rates Across Opdyke, Jefferson County, Illinois

Source: Ownwell

1.71%

2.05%

2.38%

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 Opdyke Tax Rate

1.96%

Median Effective Jefferson County Tax Rate

2.20%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Opdyke, Jefferson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62872	0.79%	1.52%	1.96%	2.28%	2.33%

Source: Ownwell

Property Tax Assessment Values Across Opdyke, Jefferson County, Illinois

When examining property taxes in Opdyke, 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. Assessment notices are sent in the spring each year in Jefferson County. They’ll typically reach your mailbox by the middle of the month. 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 Opdyke. For example, the median home price in Opdyke is $61,005, with tax bills ranging significantly across the county. Zip code 62872 has the highest median home price at $61,005.

Property Tax Assessment Values Across Opdyke, Jefferson County, Illinois

Source: Ownwell

$43,035

$75,082

$107,128

Median Opdyke Market Value

$61,005

Median Jefferson County Market Value

$61,827

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Opdyke, Jefferson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62872	$11,898	$24,660	$61,005	$105,441	$149,992

Source: Ownwell

Property Tax Bills Across Opdyke, Jefferson County, Illinois

In Opdyke, located in Jefferson County, IL, property tax bills are determined by assessing the market value of a property and applying the local tax rate. Homeowners in this area typically see a median tax bill of $1,073, which is significantly lower than the national median property tax bill of $2,400. The tax bill can vary widely, with the 25th percentile at $394 and the 90th percentile reaching $3,090, reflecting the diverse range of property values and tax rates in the region. Factors influencing the tax bill include property size, location, and improvements, which can lead to fluctuations in annual tax obligations.

Ownwell assists homeowners in navigating these complexities by offering property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying on their property taxes. This service can lead to substantial savings, providing peace of mind and financial relief for homeowners in Opdyke. With expert guidance, Ownwell simplifies the tax appeal process, potentially lowering your property tax burden.

Property Tax Bills Across Opdyke, Jefferson County, Illinois

Source: Ownwell

$630

$1,154

$1,678

Median Opdyke Tax Bill

$1,073

Median Jefferson County Tax Bill

$1,229

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Opdyke, Jefferson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62872	$135	$394	$1,073	$2,063	$3,090

Source: Ownwell