Decatur, Macon County, Illinois Property Taxes
Median Decatur, IL effective property tax rate: 2.68%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Decatur, IL home value: $74,035
Median annual Decatur, IL tax bill: $1,800, $600 lower than the national median property tax bill of $2,400.
How are property taxes in Macon County calculated?
Property taxes in Decatur, 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 Decatur’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Decatur, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Decatur, Macon County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.68%
Estimate Property Tax Bill
$1,984
$1,841
Property Tax Rates Across Decatur, Macon County, Illinois
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 Decatur Taxx Rate
2.68%
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 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 Decatur, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62521 | 1.58% | 2.03% | 2.62% | 3.41% | 3.41% |
62522 | 1.59% | 2.15% | 2.69% | 3.41% | 3.41% |
62523 | 2.69% | 3.15% | 3.41% | 3.41% | 3.41% |
62525 | N/A | N/A | N/A | N/A | N/A |
62526 | 1.58% | 2.19% | 2.75% | 3.41% | 3.41% |
62573 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Decatur, Macon County, Illinois
When examining property taxes in Decatur, 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 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 Decatur. For example, the median home price in Decatur is $74,035, with tax bills ranging significantly across the county. Zip code 62523 has the highest median home price at $85,574.
Property Tax Assessment Values Across Decatur, Macon County, Illinois
Source: Ownwell

$64,096
$166,841
$269,586
Median Decatur Market Value
$74,035
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 Decatur, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62521 | $19,317 | $34,602 | $85,280 | $135,356 | $212,088 |
62522 | $17,873 | $32,481 | $64,096 | $99,949 | $139,802 |
62523 | $21,615 | $52,688 | $85,574 | $115,832 | $136,670 |
62525 | N/A | N/A | N/A | N/A | N/A |
62526 | $17,903 | $28,509 | $67,696 | $107,072 | $150,244 |
62573 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Decatur, Macon County, Illinois
In Decatur, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The tax rate applied to this assessed value determines the final tax bill. Various factors influence this calculation, including local government budgets and school funding requirements. Homeowners in Decatur can face tax bills ranging significantly, with the 25th percentile at $820 and the 90th percentile reaching $4,720. The median tax bill is notably higher than the national median, indicating a substantial financial commitment for property owners.
For homeowners, understanding these dynamics is crucial as property taxes can significantly impact annual expenses. Ownwell offers valuable assistance by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell helps homeowners reduce their tax burdens, ensuring they only pay what's fair. This service can be particularly beneficial in areas like Decatur, where property tax bills can vary widely, providing a much-needed reprieve in managing homeownership costs.
Median Decatur Tax Bill
$1,800
Median Macon County Tax Bill
$2,091
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Decatur, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62521 | $494 | $901 | $2,001 | $3,460 | $5,554 |
62522 | $464 | $808 | $1,614 | $2,610 | $3,775 |
62523 | $1,132 | $1,672 | $2,309 | $3,996 | $4,659 |
62525 | N/A | N/A | N/A | N/A | N/A |
62526 | $441 | $745 | $1,667 | $2,829 | $4,278 |
62573 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell