Maroa, Macon County, Illinois Property Taxes

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

Median Maroa, IL effective property tax rate: 2.53%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Maroa, IL home value: $107,081
Median annual Maroa, IL tax bill: $2,647, $247 higher than the national median property tax bill of $2,400.

How are property taxes in Macon County calculated?

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

Last Updated March 1, 2025

Maroa, Macon County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.53%

Estimate Property Tax Bill

$2,709

$2,514

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

In Maroa in Macon County, IL, the effective property tax rate stands at 2.53%, which is significantly higher than the national median of 1.02%. This rate is consistent across the region, as both the highest and lowest median tax rates in the area are recorded at 2.53%. Residents of Maroa face property tax bills that are more than double the national median of $2400. This reflects the broader trend within Illinois, where property tax rates are among the highest in the United States. Understanding these rates is crucial for property owners as they plan their finances and consider potential savings through property tax appeals and exemptions.

Property Tax Rates Across Maroa, 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 Maroa Taxx Rate

2.53%

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 Maroa, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61756	1.74%	2.21%	2.53%	2.83%	3.11%

Source: Ownwell

Property Tax Assessment Values Across Maroa, Macon County, Illinois

When examining property taxes in Maroa, 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.

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 Maroa.

For example, the median home price in Maroa is $107,081, with tax bills ranging significantly across the county. The zip code 61756 has the highest median home price at $107,081.

Property Tax Assessment Values Across Maroa, Macon County, Illinois

Source: Ownwell

$64,096

$166,841

$269,586

Median Maroa Market Value

$107,081

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 Maroa, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61756	$47,302	$78,111	$107,081	$158,939	$239,380

Source: Ownwell

Property Tax Bills Across Maroa, Macon County, Illinois

In Maroa, 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. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as local government budgets and public service funding needs influence these rates, directly impacting the amount homeowners pay. In Maroa, the tax bill at the 25th percentile is $1,675, while the 75th percentile reaches $4,050, and the 90th percentile goes up to $6,183, reflecting variability based on property value and location. With the national median property tax bill at $2,400, Maroa's figures illustrate a range that can significantly affect homeowners financially. Ownwell offers assistance by identifying potential savings through property tax appeals and exemption services. By leveraging expertise in local tax regulations and valuation methods, Ownwell helps homeowners reduce their tax burden, ensuring they only pay their fair share and potentially saving them hundreds or thousands of dollars annually.

Property Tax Bills Across Maroa, Macon County, Illinois

Source: Ownwell

$1,474

$3,645

$5,815

Median Maroa Tax Bill

$2,647

Median Macon County Tax Bill

$2,091

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Maroa, Macon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61756	$988	$1,675	$2,647	$4,050	$6,183

Source: Ownwell