Jersey County Property Taxes
The median property tax rate in Jersey County is 2.18%, which is significantly higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Jersey County at $130,268, the typical annual property tax bill reaches $2,776, which is slightly above the national median of $2,690. Property taxes in Jersey County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Jersey County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Jerseyville or another part of Jersey County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jersey County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.18%
Estimate Property Tax Bill
$2,840
$2,775
Ownwell’s Jersey County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Jersey County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Jersey County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Jersey County, Illinois
Property taxes in Jersey County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jersey County is 2.18%, which is higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Jersey County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jersey County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Piasa has one of the higher property tax rates in Illinois at 2.30%, while the city of Fidelity boasts one of the lowest at 1.04%. Analyzing how Jersey County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jersey County Tax Rate
2.18%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jersey County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brighton | 1.10% | 1.87% | 2.20% | 2.38% | 2.63% |
| Dow | 1.21% | 1.71% | 2.12% | 2.19% | 2.27% |
| Elsah | 1.81% | 2.15% | 2.18% | 2.24% | 2.44% |
| Fidelity | 0.62% | 0.94% | 1.04% | 1.47% | 1.96% |
| Fieldon | 0.98% | 1.48% | 2.10% | 2.24% | 2.34% |
| Godfrey | 1.14% | 1.73% | 2.00% | 2.18% | 2.22% |
| Grafton | 1.13% | 1.92% | 2.22% | 2.44% | 2.44% |
| Jerseyville | 1.36% | 1.90% | 2.17% | 2.49% | 2.74% |
| Kane | 1.70% | 2.11% | 2.17% | 2.32% | 2.34% |
| Medora | 1.24% | 2.01% | 2.30% | 2.44% | 2.60% |
| Otterville | 0.52% | 1.24% | 1.94% | 2.66% | 2.66% |
| Piasa | 0.93% | 2.14% | 2.30% | 2.36% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Jersey County, Illinois
In Jersey County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Jersey County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Jersey County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Cities in Jersey County show a significant range in tax bills, with Piasa having the highest median tax bill at $4,014 and Fidelity the lowest at $137. Being aware of these valuation processes in Jersey County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Jersey County Assessed Value
$130,268
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jersey County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brighton | $50,637 | $96,581 | $156,638 | $198,375 | $241,281 |
| Dow | $23,940 | $64,395 | $135,510 | $194,865 | $257,592 |
| Elsah | $12,216 | $15,825 | $62,985 | $168,150 | $240,459 |
| Fidelity | $7,287 | $14,235 | $14,565 | $33,135 | $43,512 |
| Fieldon | $16,512 | $35,674 | $81,622 | $153,720 | $199,476 |
| Godfrey | $16,536 | $60,754 | $138,165 | $198,585 | $236,580 |
| Grafton | $26,250 | $62,591 | $137,055 | $200,662 | $343,365 |
| Jerseyville | $37,743 | $65,932 | $126,068 | $205,166 | $267,986 |
| Kane | $31,834 | $108,619 | $163,132 | $199,155 | $222,648 |
| Medora | $68,736 | $102,746 | $145,598 | $225,919 | $299,202 |
| Otterville | $5,646 | $7,898 | $11,280 | $27,960 | $60,654 |
| Piasa | $61,530 | $137,422 | $175,418 | $227,981 | $249,285 |
Source: Ownwell
Property Tax Bills Across Jersey County, Illinois
In Jersey County, IL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Various factors, such as property location, improvements, and local government budgets, influence this rate. For example, homeowners in Jersey County face a median property tax bill of $1,229 at the 25th percentile and $4,418 at the 75th percentile, reflecting a wide range of property values and tax burdens. The highest median tax bill in the county is $4,014 in Piasa, while the lowest is just $137 in Fidelity. These variations significantly affect homeowners, as those with higher-valued properties or those in areas with higher tax rates can expect to pay more. Compared to the national median property tax rate of 0.99%, Jersey County's rates highlight the importance of understanding local property tax dynamics to manage financial planning effectively.
Average Jersey County Tax Bill
$2,776
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Jersey County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brighton | $809 | $1,995 | $3,278 | $4,438 | $6,039 |
| Dow | $425 | $1,185 | $2,765 | $4,186 | $5,541 |
| Elsah | $235 | $520 | $1,953 | $3,885 | $5,753 |
| Fidelity | $59 | $61 | $137 | $346 | $583 |
| Fieldon | $287 | $625 | $1,599 | $3,227 | $4,580 |
| Godfrey | $422 | $1,158 | $2,751 | $4,344 | $5,060 |
| Grafton | $378 | $1,166 | $3,337 | $4,738 | $7,884 |
| Jerseyville | $696 | $1,448 | $2,651 | $4,534 | $6,166 |
| Kane | $1,295 | $2,638 | $3,914 | $4,763 | $5,319 |
| Medora | $1,290 | $2,366 | $3,617 | $5,221 | $7,802 |
| Otterville | $48 | $123 | $300 | $592 | $1,213 |
| Piasa | $746 | $2,862 | $4,014 | $5,508 | $6,100 |
Source: Ownwell