Macon, Macon County, Illinois Property Taxes
Median Macon, IL effective property tax rate: 2.16%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Macon, IL home value: $105,373
Median annual Macon, IL tax bill: $2,137, $263 lower than the national median property tax bill of $2,400.
How are property taxes in Macon calculated?
Property taxes in Macon, 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 Macon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Macon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Macon, Macon County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.16%
Estimate Property Tax Bill
$2,276
$2,112
Property Tax Rates Across Macon, Macon County, Illinois
Local government entities set tax rates, which can vary widely within a 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. 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. Below, you can compare Macon’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Macon County, Illinois, stands out with a median property tax rate of 2.16%, significantly higher than the national median of 1.02%. This makes it one of the highest in the state, with the same rate across all its zip codes, including 62544. The property tax bill here is considerably above the national median of $2,400, reflecting the substantial influence of local government budgeting and property values on tax rates. Understanding these dynamics can empower property owners to make informed decisions about their tax liabilities and potential appeals.
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 Taxx Rate
2.16%
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 Macon, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62544 | 1.53% | 1.93% | 2.16% | 2.37% | 2.66% |
Source: Ownwell
Property Tax Assessment Values Across Macon, Macon County, Illinois
When examining property taxes in Macon, Illinois, 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.
Assessment notices:
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 Macon.
For example, the median home price in Macon is $105,373, with tax bills ranging significantly across the county. 62544 has the highest median home price at $105,373.
Property Tax Assessment Values Across Macon, Macon County, Illinois
Source: Ownwell

$64,096
$166,841
$269,586
Median Macon Market Value
$105,373
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 Macon, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62544 | $54,373 | $76,632 | $105,373 | $164,506 | $272,531 |
Source: Ownwell
Property Tax Bills Across Macon, Macon County, Illinois
Median Macon Tax Bill
$2,137
Median Macon County Tax Bill
$2,091
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Macon, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62544 | $919 | $1,481 | $2,137 | $3,528 | $6,298 |
Source: Ownwell