Ozark, Johnson County, Illinois Property Taxes

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

Median Ozark, IL effective property tax rate: 2.20%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Ozark, IL home value: $60,801
Median annual Ozark, IL tax bill: $881, $1,519 lower than the national median property tax bill of $2,400.

How are property taxes in Johnson County calculated?

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

Last Updated March 1, 2025

Ozark, Johnson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.2%

Estimate Property Tax Bill

$1,338

$1,241

Ownwell’s Ozark Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ozark with just two data points. By entering your property's estimated assessed value, our calculator applies Ozark’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 Ozark, Johnson 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 Ozark’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Ozark, located in Johnson County, Illinois, has a median property tax rate of 2.20%, which is significantly higher than the national median of 1.02%. This means homeowners in Ozark pay more in property taxes relative to the value of their homes compared to the national average. The property tax rate in Ozark is consistent across the county, making it both the highest and lowest in the area. This rate impacts the annual property tax bill, which can be a significant expense for homeowners. Understanding these rates can help property owners make informed decisions about appealing their property taxes and seeking exemptions.

Property Tax Rates Across Ozark, Johnson County, Illinois

Source: Ownwell

2.02%

2.16%

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 Ozark Taxx Rate

2.20%

Median Effective Johnson County Taxx Rate

2.14%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Ozark, Johnson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62972	0.82%	1.65%	2.20%	2.51%	2.54%

Source: Ownwell

Property Tax Assessment Values Across Ozark, Johnson County, Illinois

When examining property taxes in Ozark, 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 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.

Assessment notices: 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 Ozark.

For example, the median home price in Ozark is $60,801, with tax bills ranging significantly across the county. Zip code 62972 has the highest median home price at $60,801.

Property Tax Assessment Values Across Ozark, Johnson County, Illinois

Source: Ownwell

$45,969

$73,178

$100,386

Median Ozark Market Value

$60,801

Median Johnson County Market Value

$71,244

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Ozark, Johnson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62972	$11,345	$24,589	$60,801	$117,634	$171,727

Source: Ownwell

Property Tax Bills Across Ozark, Johnson County, Illinois

In Ozark, located in Johnson County, IL, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, and local tax rates are applied to this assessed value to determine the tax bill. Factors such as location, property size, and local government budgets influence these rates. Homeowners in Ozark face a range of tax bills, with the 25th percentile at $408 and the 75th percentile at $2,127. The highest median tax bill in the area is $881, which is relatively low compared to the national median property tax bill of $2,400. However, property taxes can still be a significant expense for homeowners. Ownwell offers services to help homeowners in Ozark potentially reduce their property tax bills. By providing expert analysis and representation in property tax appeals, Ownwell can identify discrepancies in assessed values and work to ensure homeowners are not overpaying, ultimately leading to substantial savings.

Property Tax Bills Across Ozark, Johnson County, Illinois

Source: Ownwell

$822

$1,256

$1,689

Median Ozark Tax Bill

$881

Median Johnson County Tax Bill

$1,237

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Ozark, Johnson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62972	$209	$408	$881	$2,127	$3,479

Source: Ownwell