Jo Daviess County Property Taxes
The median property tax rate in Jo Daviess County is 2.30%, 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 Jo Daviess County, the typical annual property tax bill reaches $2,492, which is below the national median of $2,690. Property taxes in Jo Daviess 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 Jo Daviess 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 Galena or another part of Jo Daviess County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jo Daviess County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.3%
Estimate Property Tax Bill
$2,254
$2,092
Ownwell’s Jo Daviess Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jo Daviess with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Jo Daviess 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 more local informational pages. 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 Jo Daviess County, Illinois
Property taxes in Jo Daviess County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Jo Daviess County is 2.30%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Jo Daviess County set these rates annually, and they can vary significantly between different areas within the county. Each year, Jo Daviess 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 Mount Carroll has one of the higher property tax rates in Illinois at 6.87%, while the city of Galena boasts one of the lowest at 2.26%. Analyzing how Jo Daviess County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Jo Daviess County Tax Rate
2.30%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jo Daviess County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apple River | 2.30% | 2.30% | 2.38% | 2.38% | 2.48% |
| East Dubuque | 0.23% | 1.46% | 2.27% | 2.60% | 2.60% |
| Elizabeth | 2.00% | 2.44% | 2.58% | 2.58% | 10.00% |
| Galena | 2.11% | 2.20% | 2.26% | 2.52% | 2.78% |
| Hanover | 1.04% | 1.73% | 2.92% | 3.28% | 3.28% |
| Mount Carroll | 6.32% | 6.53% | 6.87% | 7.21% | 7.41% |
| Nora | 0.58% | 1.23% | 2.66% | 3.06% | 3.06% |
| Scales Mound | 1.98% | 2.38% | 2.44% | 2.58% | 2.64% |
| Stockton | 1.53% | 2.67% | 3.04% | 3.04% | 3.22% |
| Warren | 1.12% | 1.71% | 3.13% | 3.13% | 3.87% |
| Winslow | 5.43% | 5.43% | 5.43% | 5.43% | 5.43% |
Source: Ownwell
Property Tax Assessment Values Across Jo Daviess County, Illinois
In Jo Daviess 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 Jo Daviess 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 Jo Daviess 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. For instance, Apple River has the highest median tax bill at $4,680, while Nora has the lowest at $518. Being aware of these valuation processes in Jo Daviess County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Jo Daviess County, Illinois
Source: Ownwell
$20,267
$109,036
$197,804
Average Jo Daviess County Assessed Value
$98,005
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jo Daviess County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apple River | $123,748 | $143,637 | $197,804 | $303,288 | $447,478 |
| East Dubuque | $24,547 | $28,001 | $37,074 | $59,094 | $121,076 |
| Elizabeth | $16,167 | $27,078 | $91,230 | $127,453 | $193,602 |
| Galena | $39,192 | $86,244 | $120,165 | $210,952 | $293,510 |
| Hanover | $10,491 | $26,146 | $36,298 | $53,390 | $77,301 |
| Mount Carroll | $20,053 | $20,134 | $20,267 | $20,400 | $20,481 |
| Nora | $9,992 | $16,628 | $22,493 | $44,896 | $87,759 |
| Scales Mound | $58,250 | $66,798 | $98,611 | $147,542 | $188,297 |
| Stockton | $12,648 | $37,598 | $61,701 | $99,012 | $148,394 |
| Warren | $4,344 | $8,500 | $20,675 | $66,059 | $83,216 |
| Winslow | $60,801 | $60,801 | $60,801 | $60,801 | $60,801 |
Source: Ownwell
Property Tax Bills Across Jo Daviess County, Illinois
In Jo Daviess County, IL, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence this calculation, including property size, location, and any applicable exemptions. For instance, the median home price in Jo Daviess County is $98,005, which provides a baseline for understanding local tax burdens. Homeowners in Jo Daviess County experience a range of tax bills. The 25th percentile tax bill is $1,131, while the 75th percentile reaches $4,412. At the higher end, the 90th percentile tax bill is $6,342. Comparatively, the national median property tax rate is 0.99%, highlighting the variability within the county. Cities within Jo Daviess County also show significant differences; Apple River has the highest median tax bill at $4,680, whereas Nora has the lowest at $518. These tax obligations significantly impact homeowners, influencing their overall cost of living and financial planning.
Average Jo Daviess County Tax Bill
$2,492
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Jo Daviess County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Apple River | $2,620 | $3,189 | $4,680 | $7,217 | $10,534 |
| East Dubuque | $72 | $296 | $760 | $1,419 | $3,553 |
| Elizabeth | $546 | $1,265 | $2,335 | $4,549 | $5,001 |
| Galena | $1,042 | $1,958 | $2,728 | $4,915 | $6,811 |
| Hanover | $93 | $453 | $915 | $1,245 | $1,725 |
| Mount Carroll | $1,268 | $1,315 | $1,394 | $1,472 | $1,519 |
| Nora | $147 | $296 | $518 | $603 | $1,860 |
| Scales Mound | $1,298 | $1,476 | $1,829 | $3,633 | $4,835 |
| Stockton | $340 | $1,035 | $1,618 | $3,052 | $4,504 |
| Warren | $113 | $239 | $540 | $2,225 | $2,791 |
| Winslow | $3,302 | $3,302 | $3,302 | $3,302 | $3,302 |
Source: Ownwell