Fieldon, Jersey County, Illinois Property Taxes
Median Fieldon, IL effective property tax rate: 2.10%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Fieldon, IL home value: $81,622
Median annual Fieldon, IL tax bill: $1,599, $801 lower than the national median property tax bill of $2,400.
How are property taxes in Jersey calculated?
Property taxes in Fieldon, 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 Fieldon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fieldon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fieldon, Jersey County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.1%
Estimate Property Tax Bill
$1,714
$1,591
Property Tax Rates Across Fieldon, Jersey County, Illinois
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Fieldon’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Fieldon, located in Jersey County, has a median property tax rate of 2.10%, which is significantly higher than the national median of 1.02%. This rate reflects the county's budgetary requirements and the total assessed value of properties. The uniformity of the tax rate across Jersey County, with no variation between the highest and lowest median rates, suggests a consistent approach to budget allocation and property assessment. For homeowners in Fieldon, understanding these rates is crucial for financial planning, especially when compared to the national median property tax bill of $2400.
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 Fieldon Tax Rate
2.10%
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 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 Fieldon, Jersey County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62031 | 0.98% | 1.48% | 2.10% | 2.24% | 2.34% |
Source: Ownwell
Property Tax Assessment Values Across Fieldon, Jersey County, Illinois
When examining property taxes in Fieldon, 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 Jersey 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 Jersey 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 Fieldon. For example, the median home price in Fieldon is $81,622, with tax bills ranging significantly across the county. Zip code 62031 has the highest median home price at $81,622.
Property Tax Assessment Values Across Fieldon, Jersey County, Illinois
Source: Ownwell
$11,280
$93,349
$175,418
Median Fieldon Market Value
$81,622
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 Fieldon, Jersey County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62031 | $16,512 | $35,674 | $81,622 | $153,720 | $199,476 |
Source: Ownwell
Property Tax Bills Across Fieldon, Jersey County, Illinois
Median Fieldon Tax Bill
$1,599
Median Jersey County Tax Bill
$2,776
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Fieldon, Jersey County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62031 | $287 | $625 | $1,599 | $3,227 | $4,580 |
Source: Ownwell