Stockton, Jo Daviess County, Illinois Property Taxes
Median Stockton, IL effective property tax rate: 3.04%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Stockton, IL home value: $61,701
Median annual Stockton, IL tax bill: $1,618, $782 lower than the national median property tax bill of $2,400.
How are property taxes in Jo Daviess calculated?
Property taxes in Stockton, 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 Stockton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stockton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stockton, Jo Daviess County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.04%
Estimate Property Tax Bill
$1,876
$1,741
Ownwell’s Stockton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stockton with just two data points.
By entering your property's estimated assessed value, our calculator applies Stockton’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 Jo Daviess County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Stockton, Jo Daviess County, Illinois
Local government entities determine tax rates, which can significantly differ throughout a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Stockton, located in Jo Daviess County, Illinois, the effective property tax rate is notably higher than the national median. This rate is consistent across the county, with no significant variation between different areas. When compared to the national median property tax rate of 1.02%, Stockton's rate stands out as considerably higher, reflecting the local government's budgetary needs and valuation of taxable properties. This can have a significant impact on homeowners, influencing decisions related to property investment and homeownership in the region. By understanding these rates, residents can better navigate the financial aspects of property ownership in Stockton and make informed decisions about their investments.
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 Stockton Tax Rate
3.04%
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 Jo Daviess County Tax Rate
2.30%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stockton, Jo Daviess County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61085 | 1.53% | 2.67% | 3.04% | 3.04% | 3.22% |
Source: Ownwell
Property Tax Assessment Values Across Stockton, Jo Daviess County, Illinois
When examining property taxes in Stockton, 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 Jo Daviess 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 Jo Daviess County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Stockton. For example, the median home price in Stockton is $61,701, with tax bills ranging significantly across the county. Zip code 61085 has the highest median home price at $61,701.
Property Tax Assessment Values Across Stockton, Jo Daviess County, Illinois
Source: Ownwell
$20,675
$109,240
$197,804
Median Stockton Market Value
$61,701
Median Jo Daviess County Market Value
$98,005
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stockton, Jo Daviess County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61085 | $12,648 | $37,598 | $61,701 | $99,012 | $148,394 |
Source: Ownwell
Property Tax Bills Across Stockton, Jo Daviess County, Illinois
Median Stockton Tax Bill
$1,618
Median Jo Daviess County Tax Bill
$2,492
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Stockton, Jo Daviess County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61085 | $340 | $1,035 | $1,618 | $3,052 | $4,504 |
Source: Ownwell