Cisco, Macon County, Illinois Property Taxes

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

Median Cisco, 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 Cisco, IL home value: $146,466
Median annual Cisco, IL tax bill: $3,400, $1,000 higher than the national median property tax bill of $2,400.

How are property taxes in Macon County calculated?

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

Last Updated March 1, 2025

Cisco, Macon 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

$3,222

$2,990

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

Local government entities set tax rates, which can vary widely within a state. This variance is due to the annual process where 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 votes and laws play a role in setting tax rates and budgets, this is essentially how it works every year.

In Cisco, located in Macon County, IL, the effective property tax rate stands out when compared to other cities in Illinois and the U.S. With a median property tax rate of 2.20%, Cisco's rate is notably higher than the national median property tax rate of 1.02%. This difference can significantly impact homeowners' annual tax bills. Understanding these rates can help property owners in Cisco and Macon County make informed decisions about property tax appeals and exemptions. By comparing Cisco's rate to the national and state medians, property owners can better assess their tax responsibilities and explore potential savings.

Property Tax Rates Across Cisco, 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 Cisco Taxx Rate

2.20%

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 Cisco, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61830	1.89%	2.03%	2.20%	2.37%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Cisco, Macon County, Illinois

When examining property taxes in Cisco, 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 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 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 Cisco. For example, the median home price in Cisco is $146,466, with tax bills ranging significantly across the county. 61830 has the highest median home price at $146,466.

Property Tax Assessment Values Across Cisco, Macon County, Illinois

Source: Ownwell

$64,096

$166,841

$269,586

Median Cisco Market Value

$146,466

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 Cisco, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61830	$73,504	$88,232	$146,466	$228,633	$329,962

Source: Ownwell

Property Tax Bills Across Cisco, Macon County, Illinois

In Cisco, located in Macon County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. With a median home price of $146,466 in this region, the property tax rate can significantly impact homeowners. In Cisco, the median property tax bill is $3,400, which is notably higher than the national median of $2,400. This suggests that homeowners in Cisco may face a heavier tax burden compared to the national average. The tax bill varies, with the 25th percentile paying around $2,237, and the 90th percentile reaching up to $7,587. Ownwell can assist homeowners by identifying potential savings through appealing assessed values and exploring eligible exemptions. By leveraging expert knowledge and local insights, Ownwell helps homeowners reduce their property tax bills, ensuring they pay only what is necessary and potentially saving them a substantial amount of money annually.

Property Tax Bills Across Cisco, Macon County, Illinois

Source: Ownwell

$1,474

$3,645

$5,815

Median Cisco Tax Bill

$3,400

Median Macon County Tax Bill

$2,091

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Cisco, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61830	$1,359	$2,237	$3,400	$5,322	$7,587

Source: Ownwell