Blue Mound, Macon County, Illinois Property Taxes

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

Median BLUE MOUND, IL effective property tax rate: 2.45%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median BLUE MOUND, IL home value: $99,112
Median annual BLUE MOUND, IL tax bill: $2,352, $48 lower than the national median property tax bill of $2,400.

How are property taxes in Macon calculated?

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

Last Updated March 1, 2025

Blue Mound, Macon County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.45%

Estimate Property Tax Bill

$2,428

$2,253

Ownwell’s BLUE MOUND Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in BLUE MOUND with just two data points. By entering your property's estimated assessed value, our calculator applies BLUE MOUND’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 Macon County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Blue Mound, Macon County, Illinois

Local government entities determine tax rates, which can differ significantly across a state. Annually, each county calculates its necessary budget to fund services and divides that by the total value of all taxable property within its area. This calculation establishes the property tax rate. While votes and regulations play a role in setting tax rates and budgets, this process essentially repeats each year.

In Blue Mound, located in Macon County, Illinois, the effective property tax rate is notably higher than the national median of 1.02%. The median property tax rate in Illinois is 2.45%, which is also the highest within the state, and significantly above the national median. This makes Illinois one of the states with the highest property tax rates in the U.S. Residents in Blue Mound experience property tax rates that reflect this state trend, which can impact the overall cost of homeownership. Understanding these rates and how they compare nationally can help property owners make informed decisions about their investments.

Property Tax Rates Across Blue Mound, Macon County, Illinois

Source: Ownwell

1.79%

2.60%

3.41%

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 Blue Mound Taxx Rate

2.45%

Median Effective Macon County Taxx Rate

2.55%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Blue Mound, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62513	1.65%	2.14%	2.45%	2.69%	3.04%

Source: Ownwell

Property Tax Assessment Values Across Blue Mound, Macon County, Illinois

When examining property taxes in Blue Mound, 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 Macon 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 Macon 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 Blue Mound. For example, the median home price in Blue Mound is $99,112, with tax bills ranging significantly across the county. 62513 has the highest median home price at $99,112.

Property Tax Assessment Values Across Blue Mound, Macon County, Illinois

Source: Ownwell

$64,096

$166,841

$269,586

Median Blue Mound Market Value

$99,112

Median Macon County Market Value

$87,275

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Blue Mound, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62513	$48,895	$73,304	$99,112	$134,084	$182,883

Source: Ownwell

Property Tax Bills Across Blue Mound, Macon County, Illinois

In BLUE MOUND, located in Macon County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $99,112. Tax rates are applied to this assessed value to determine the tax bill. Factors such as local government budgets and school funding needs influence these rates. Homeowners in BLUE MOUND face property tax bills that can range significantly. For instance, while the tax bill at the 25th percentile is $1,673, it rises to $3,285 at the 75th percentile, and can reach up to $4,820 at the 90th percentile. The median property tax bill in the area is $2,352, slightly below the national median of $2,400. Ownwell can assist homeowners by reviewing their property assessments to ensure accuracy and identifying potential exemptions or appeal opportunities. By doing so, Ownwell helps homeowners potentially lower their tax bills, making property ownership more affordable.

Property Tax Bills Across Blue Mound, Macon County, Illinois

Source: Ownwell

$1,474

$3,645

$5,815

Median Blue Mound Tax Bill

$2,352

Median Macon County Tax Bill

$2,091

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Blue Mound, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62513	$867	$1,673	$2,352	$3,285	$4,820

Source: Ownwell