Benton, Johnson County, Illinois Property Taxes
Median Benton, IL effective property tax rate: 2.46%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Benton, IL home value: $78,135
Median annual Benton, IL tax bill: $1,926, $474 lower than the national median property tax bill of $2,400.
How are property taxes in Johnson calculated?
Property taxes in Benton, 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 Benton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Benton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Benton, Johnson County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.46%
Estimate Property Tax Bill
$1,922
$1,784
Ownwell’s Benton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Benton with just two data points.
By entering your property's estimated assessed value, our calculator applies Benton’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 Johnson County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Benton, Johnson County, Illinois
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties calculate their necessary budget to deliver services and divide this by the total assessed value of all taxable property in their jurisdiction, determining the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is essentially the annual procedure.
In Benton, located in Franklin County, Illinois, the effective property tax rate is 1.92%. This rate is below Illinois's median property tax rate of 2.46%, which is notably higher than the national median of 1.02%. The median property tax bill in Benton is $1,920, which is lower than the state's median bill of $4,942 and the national median of $2,400. Despite having higher tax rates, Illinois residents, particularly those in Benton, can benefit from appealing their property taxes to potentially lower their tax burden. Comparing Benton's tax rate to other cities in Illinois and the broader U.S. context highlights the potential savings for homeowners who take advantage of property tax appeal services.
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 Benton Tax Rate
2.46%
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 Johnson County Tax Rate
2.14%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Benton, Johnson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62812 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Benton, Johnson County, Illinois
When examining property taxes in Benton, 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 Johnson County Assessor's Office 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 Johnson 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 Benton.
For example, the median home price in Benton is $78,135, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Benton, Johnson County, Illinois
Source: Ownwell
$45,969
$73,178
$100,386
Median Benton Market Value
$78,135
Median Johnson County Market Value
$71,244
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Benton, Johnson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62812 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Benton, Johnson County, Illinois
In Benton, located in Johnson County, IL, property tax bills are primarily calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual property tax bill. With a median home price of $78,135, homeowners in Benton face property tax bills that are notably higher than the national median, with amounts reaching $1,926 for those in the 25th, 75th, and 90th percentiles. This uniformity suggests a consistent tax rate applied across various property values. Compared to the national median property tax rate of 1.02%, homeowners in Benton may feel a significant financial burden, especially given the lower median home price.
Ownwell offers a solution to this challenge by providing expert property tax appeal and exemption services. By analyzing the assessed value and ensuring it reflects the true market value, Ownwell helps homeowners potentially lower their tax bills. Through strategic appeals and exemptions, Ownwell aims to reduce the financial stress on Benton homeowners, ensuring they pay only their fair share.
Median Benton Tax Bill
$1,926
Median Johnson County Tax Bill
$1,237
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Benton, Johnson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62812 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell