Sumner, Lawrence County, Illinois Property Taxes

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

Median Sumner, IL effective property tax rate: 4.19%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Sumner, IL home value: $23,375
Median annual Sumner, IL tax bill: $796, $1,604 lower than the national median property tax bill of $2,400.

How are property taxes in Lawrence calculated?

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

Last Updated March 1, 2025

Sumner, Lawrence County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

4.19%

Estimate Property Tax Bill

$979

$909

Ownwell’s Sumner Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sumner with just two data points.

By entering your property's estimated assessed value, our calculator applies Sumner’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 Lawrence County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sumner, Lawrence County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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. Sumner in Lawrence County, IL, has an effective property tax rate of 4.19%, significantly higher than the national median of 1.02%. This rate is consistent across the region, as Sumner's rate is both the highest and lowest in its area. Compared to the national median property tax bill of $2,400, residents in Sumner face a considerably higher financial obligation. Understanding these differences can be crucial for property owners considering tax appeal services. By comparing Sumner's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S., property owners can make informed decisions about potential savings through tax appeals or exemptions.

Property Tax Rates Across Sumner, Lawrence County, Illinois

Source: Ownwell

2.06%

3.13%

4.19%

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 Sumner Taxx Rate

4.19%

Median Effective Lawrence County Taxx Rate

3.07%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Sumner, Lawrence County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62466	1.78%	2.06%	4.19%	5.98%	7.07%

Source: Ownwell

Property Tax Assessment Values Across Sumner, Lawrence County, Illinois

When examining property taxes in Sumner, 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 Lawrence County Tax Assessor 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 Lawrence 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 Sumner.

For example, the median home price in Sumner is $23,375, with tax bills ranging significantly across the county. Zip code 62466 has the highest median home price at $23,375.

Property Tax Assessment Values Across Sumner, Lawrence County, Illinois

Source: Ownwell

$15,791

$19,981

$24,171

Median Sumner Market Value

$23,375

Median Lawrence County Market Value

$22,875

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Sumner, Lawrence County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62466	$3,688	$9,481	$23,375	$41,673	$74,916

Source: Ownwell

Property Tax Bills Across Sumner, Lawrence County, Illinois

In Sumner, located in Lawrence County, IL, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price in Sumner is $23,375, and property tax bills can vary widely. For instance, the 25th percentile tax bill is $343, while the 75th percentile reaches $1,676, and the 90th percentile can go up to $2,833. These figures highlight the variability in property tax burdens, which can significantly impact homeowners' finances. Compared to the national median property tax bill of $2,400, Sumner's property tax bills can be relatively moderate or quite substantial, depending on the home's assessed value and applicable tax rate.

Ownwell provides valuable assistance to homeowners in Sumner by offering property tax appeal and exemption services. By leveraging local market insights and expertise in property tax regulations, Ownwell helps homeowners potentially lower their tax bills, ensuring they pay only their fair share. This service can result in significant savings, providing financial relief and peace of mind to property owners.

Property Tax Bills Across Sumner, Lawrence County, Illinois

Source: Ownwell

$472

$677

$882

Median Sumner Tax Bill

$796

Median Lawrence County Tax Bill

$743

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Sumner, Lawrence County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62466	$107	$343	$796	$1,676	$2,833

Source: Ownwell