Roxana, Madison County, Illinois Property Taxes

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

Median Roxana, IL effective property tax rate: 1.68%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Roxana, IL home value: $78,154
Median annual Roxana, IL tax bill: $1,278, $1,122 lower than the national median property tax bill of $2,400.

How are property taxes in Madison calculated?

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

Last Updated March 1, 2025

Roxana, Madison County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.68%

Estimate Property Tax Bill

$1,313

$1,218

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

Property Tax Rates Across Roxana, Madison County, Illinois

Local government entities in Illinois determine tax rates, which can vary significantly across the state. Each year, counties like Madison estimate their necessary budget to fund services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. This process involves a combination of votes and legislative measures but is essentially an annual routine.

In Roxana, located in Madison County, the effective property tax rate is a reflection of this process and can be compared to other cities in Illinois. The median property tax rate in Illinois stands at 1.68%, which is considerably higher than the national median of 1.02%. This means property owners in Roxana and other parts of Illinois may face higher tax bills compared to the national average. Understanding these rates is crucial for property owners seeking to manage their expenses effectively. With this knowledge, property owners in Roxana can better navigate their property tax obligations and potentially explore opportunities for appeals or exemptions to alleviate their tax burden.

Property Tax Rates Across Roxana, Madison County, Illinois

Source: Ownwell

1.66%

3.31%

4.95%

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 Roxana Tax Rate

1.68%

Median Effective Madison County Tax Rate

2.17%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Roxana, Madison County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62084	0.99%	1.46%	1.68%	2.08%	2.08%

Source: Ownwell

Property Tax Assessment Values Across Roxana, Madison County, Illinois

When examining property taxes in Roxana, 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 Madison 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 Madison 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 Roxana. For example, the median home price in Roxana is $78,154, with tax bills ranging significantly across the county. Zip code 62084 has the highest median home price at $78,154.

Property Tax Assessment Values Across Roxana, Madison County, Illinois

Source: Ownwell

$19,910

$137,778

$255,646

Median Roxana Market Value

$78,154

Median Madison County Market Value

$128,259

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Roxana, Madison County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62084	$51,441	$64,136	$78,154	$95,788	$121,396

Source: Ownwell

Property Tax Bills Across Roxana, Madison County, Illinois

In Roxana, situated in Madison County, IL, property tax bills are determined by 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 calculate the property tax bill. With the national median property tax rate at 1.02%, Roxana homeowners face a median tax bill of $1,278, which is below the national median property tax bill of $2,400. However, tax bills can vary significantly, with 25th percentile bills at $944 and 90th percentile bills reaching $2,224. Various factors, such as changes in property value and local tax rates, can affect a homeowner's tax bill. Ownwell offers services to help homeowners potentially reduce their property tax bills by appealing incorrect assessments and securing exemptions. By leveraging their expertise, homeowners in Roxana can ensure they are not overpaying and can save money on their property taxes, providing peace of mind and financial relief.

Property Tax Bills Across Roxana, Madison County, Illinois

Source: Ownwell

$614

$2,981

$5,348

Median Roxana Tax Bill

$1,278

Median Madison County Tax Bill

$2,705

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Roxana, Madison County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62084	$604	$944	$1,278	$1,663	$2,224

Source: Ownwell