Mason County, Illinois Property Taxes

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

Median Mason County effective property tax rate: 2.98%, significantly higher than the national median of 1.02%.
Median Mason County home value: $73,888
Median annual Mason County tax bill: $2,133, $267 lower than the national median property tax bill of $2,400.

How are property taxes in Mason County calculated?

Property taxes in Mason County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Havana or another part of Mason County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Mason County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.98%

Estimate Property Tax Bill

$2,202

$2,043

Ownwell’s Mason County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mason County with just two data points.

By entering your property's estimated assessed value, our calculator applies Mason County’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 more 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 Mason County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mason County, Illinois

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is essentially the annual process. In Mason County, Illinois, the effective property tax rate is significantly higher than the national median property tax rate of 1.02%. This means homeowners in Mason County may experience a more substantial property tax burden compared to the average U.S. homeowner. Within Mason County, Havana has the highest median tax rate, while Bath boasts the lowest. For homeowners, understanding these differences is crucial, as the tax rate can significantly impact annual expenses. Comparing Mason County's rate to other counties in Illinois or the U.S. median can provide valuable insights for property owners and potential buyers.

Property Tax Rates Across Mason County, Illinois

Source: Ownwell

2.75%

3.02%

3.29%

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 Mason County Tax Rate

2.98%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mason County, Illinois

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bath	1.73%	2.43%	2.75%	3.05%	3.28%
Chandlerville	2.32%	2.57%	2.83%	3.13%	3.29%
Easton	2.48%	2.75%	3.26%	3.65%	4.24%
Forest City	2.59%	2.79%	3.07%	3.55%	3.88%
Havana	2.17%	2.74%	3.29%	3.74%	4.00%
Kilbourne	2.24%	2.66%	2.93%	3.36%	3.94%
Manito	2.50%	2.95%	3.17%	3.21%	3.56%
Mason City	2.36%	2.66%	2.83%	3.07%	3.27%
San Jose	2.39%	2.64%	2.76%	3.29%	3.84%
Topeka	2.23%	2.68%	2.91%	3.19%	3.47%
New Holland	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Mason County, Illinois

When examining property taxes in Mason County, 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 Mason County Supervisor of Assessments 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 Mason 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 Mason County. For example, the median tax bill in Mason County is $2,400, with tax bills ranging significantly across the county. San Jose has the highest median home price at $112,053.

Property Tax Assessment Values Across Mason County, Illinois

Source: Ownwell

$47,322

$79,688

$112,053

Median Mason County Market Value

$73,888

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mason County, Illinois

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bath	$6,804	$26,072	$56,373	$104,440	$170,349
Chandlerville	$5,641	$19,584	$47,322	$121,308	$173,860
Easton	$9,486	$22,803	$65,487	$113,739	$175,671
Forest City	$22,610	$36,334	$78,759	$138,614	$183,064
Havana	$9,196	$23,766	$54,526	$101,831	$157,368
Kilbourne	$18,593	$42,088	$79,932	$124,899	$179,595
Manito	$19,101	$53,679	$75,651	$119,766	$168,394
Mason City	$20,365	$50,560	$109,494	$175,467	$242,887
San Jose	$23,477	$55,215	$112,053	$166,569	$235,898
Topeka	$10,538	$27,801	$79,452	$112,954	$169,620
New Holland	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Mason County, Illinois

In Mason County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax rates are then applied to this assessed value to determine the tax bill. Homeowners in Mason County experience varying tax bills, with the 25th percentile at $1,026 and the 75th percentile reaching $3,899. The tax bill at the 90th percentile is $5,739, reflecting the range of property values and tax burdens within the county. The median home price in Mason County is $73,888, leading to a diverse tax landscape. In Mason City, the highest median tax bill is $3,171, while Chandlerville has the lowest at $1,262. These figures indicate how property taxes can vary significantly depending on location and property value. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Mason County presents a unique tax environment. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.

Property Tax Bills Across Mason County, Illinois

Source: Ownwell

$1,262

$2,217

$3,171

Median Mason County Tax Bill

$2,133

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Mason County, Illinois

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bath	$237	$675	$1,421	$2,802	$4,784
Chandlerville	$188	$584	$1,262	$3,232	$4,443
Easton	$334	$788	$2,008	$3,917	$5,180
Forest City	$796	$1,204	$2,805	$4,694	$5,338
Havana	$373	$758	$1,791	$2,837	$4,712
Kilbourne	$561	$1,214	$2,100	$3,735	$5,040
Manito	$815	$1,626	$2,385	$3,587	$5,412
Mason City	$626	$1,504	$3,171	$4,935	$7,047
San Jose	$964	$1,694	$3,070	$4,760	$6,521
Topeka	$341	$730	$1,930	$3,423	$4,831
New Holland	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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