Elsah, Jersey County, Illinois Property Taxes

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

Median Elsah, IL effective property tax rate: 2.18%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Elsah, IL home value: $62,985
Median annual Elsah, IL tax bill: $1,953, $447 lower than the national median property tax bill of $2,400.

How are property taxes in Jersey County calculated?

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

Last Updated March 1, 2025

Elsah, Jersey County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$1,373

$1,274

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

Property Tax Rates Across Elsah, Jersey County, Illinois

Local government entities set tax rates, and these can vary significantly within a state. Annually, each county calculates its required budget to deliver services and divides that amount by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Elsah, located in Jersey County, Illinois, property owners face one of the highest effective property tax rates in the state. The effective property tax rate in Elsah stands at 2.18%, significantly higher than the national median of 1.02%. This means residents in Elsah pay more in property taxes compared to many other areas in the U.S.

For property owners in Elsah, understanding these rates is crucial for financial planning and assessing the overall cost of homeownership. Comparing Elsah’s effective property tax rate to other cities in Illinois and the national median can provide valuable insights for current and prospective homeowners.

Property Tax Rates Across Elsah, Jersey County, Illinois

Source: Ownwell

1.94%

2.12%

2.30%

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 Elsah Tax Rate

2.18%

Median Effective Jersey County Tax Rate

2.18%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Elsah, Jersey County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62028	1.81%	2.15%	2.18%	2.24%	2.44%

Source: Ownwell

Property Tax Assessment Values Across Elsah, Jersey County, Illinois

When examining property taxes in Elsah, 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 Jersey County Assessor 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 Jersey County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Elsah.

For example, the median home price in Elsah is $62,985, with tax bills ranging significantly across the county. The zip code 62028 has the highest median home price at $62,985.

Property Tax Assessment Values Across Elsah, Jersey County, Illinois

Source: Ownwell

$11,280

$93,349

$175,418

Median Elsah Market Value

$62,985

Median Jersey County Market Value

$130,268

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Elsah, Jersey County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62028	$12,216	$15,825	$62,985	$168,150	$240,459

Source: Ownwell

Property Tax Bills Across Elsah, Jersey County, Illinois

In the charming city of Elsah, nestled in Jersey County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $62,985, homeowners in Elsah face a property tax bill that varies significantly. For instance, those in the 25th percentile pay around $520, while those in the 90th percentile see bills as high as $5,753. The median tax bill in the area is $1,953, which is below the national median of $2,400, yet the tax rate is notably higher than the national median of 1.02%. This can place a financial strain on homeowners. Ownwell can assist by offering expert property tax appeal and exemption services, potentially lowering these tax burdens. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners achieve fair tax valuations, ensuring they do not overpay on their property taxes.

Property Tax Bills Across Elsah, Jersey County, Illinois

Source: Ownwell

$300

$2,157

$4,014

Median Elsah Tax Bill

$1,953

Median Jersey County Tax Bill

$2,776

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Elsah, Jersey County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62028	$235	$520	$1,953	$3,885	$5,753

Source: Ownwell