Tunnel Hill, Johnson County, Illinois Property Taxes

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

Median Tunnel Hill, IL effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Tunnel Hill, IL home value: $68,920
Median annual Tunnel Hill, IL tax bill: $1,203, $1,197 lower than the national median property tax bill of $2,400.

How are property taxes in Johnson County calculated?

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

Last Updated March 1, 2025

Tunnel Hill, Johnson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.11%

Estimate Property Tax Bill

$1,454

$1,349

Ownwell’s Tunnel Hill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tunnel Hill with just two data points. By entering your property's estimated assessed value, our calculator applies Tunnel Hill’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 Tunnel Hill, Johnson County, Illinois

Local government entities in Illinois set tax rates, which can vary widely within the 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, resulting 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 Tunnel Hill’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Tunnel Hill, located in Johnson County, has a property tax rate that mirrors the highest and lowest rates within the county, reflecting the unique local economic conditions. This rate is significantly higher than the national median property tax rate of 1.02%, indicating a greater financial burden on property owners in this area. Understanding these differences is crucial for homeowners considering property tax appeals or exemptions, as it highlights the potential savings and financial impact of successful property tax consulting services.

Property Tax Rates Across Tunnel Hill, 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 Tunnel Hill Tax Rate

2.11%

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 Tunnel Hill, Johnson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62972	0.96%	1.61%	2.11%	2.38%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Tunnel Hill, Johnson County, Illinois

When examining property taxes in Tunnel Hill, 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.

In Johnson 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 Tunnel Hill. For example, the median home price in Tunnel Hill is $68,920, with tax bills ranging significantly across the county. Zip code 62972 has the highest median home price at $68,920.

Property Tax Assessment Values Across Tunnel Hill, Johnson County, Illinois

Source: Ownwell

$45,969

$73,178

$100,386

Median Tunnel Hill Market Value

$68,920

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 Tunnel Hill, Johnson County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62972	$14,994	$31,145	$68,920	$137,820	$198,959

Source: Ownwell

Property Tax Bills Across Tunnel Hill, Johnson County, Illinois

Property tax bills in Tunnel Hill, Johnson County, IL, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $68,920, Tunnel Hill homeowners may find their property tax bills vary significantly. For example, the tax bill at the 25th percentile is $508, while at the 75th percentile, it rises to $2,639, and at the 90th percentile, it can reach as high as $4,034. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Tunnel Hill's property taxes can be a substantial burden for some homeowners. Ownwell can assist homeowners in Tunnel Hill by providing expert property tax appeal services. By analyzing the assessed value and ensuring it aligns with the true market value, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they pay only their fair share.

Property Tax Bills Across Tunnel Hill, Johnson County, Illinois

Source: Ownwell

$822

$1,256

$1,689

Median Tunnel Hill Tax Bill

$1,203

Median Johnson County Tax Bill

$1,237

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Tunnel Hill, Johnson County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62972	$219	$508	$1,203	$2,639	$4,034

Source: Ownwell