Saybrook, Mclean County, Illinois Property Taxes

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

Median Saybrook, IL effective property tax rate: 2.39%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Saybrook, IL home value: $84,369
Median annual Saybrook, IL tax bill: $1,957, $443 lower than the national median property tax bill of $2,400.

How are property taxes in McLean calculated?

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

Last Updated March 1, 2025

Saybrook, Mclean County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.39%

Estimate Property Tax Bill

$2,016

$1,871

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

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

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

Property Tax Rates Across Saybrook, Mclean County, Illinois

Local government entities in Saybrook, IL, set property tax rates, which can vary significantly across the state. Each year, McLean County estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. Despite the involvement of votes and legislation in determining tax rates and budgets, this annual process remains consistent. Saybrook's effective property tax rate is 2.39%, which is notably higher than both the Illinois state median and the national median property tax rate of 1.02%. With the highest and lowest median tax rates in McLean County both at 2.39%, Saybrook stands out for its uniformity in tax rates across the board. This means that property owners in Saybrook may face higher tax bills compared to other areas, where the national median property tax bill is $2,400. Understanding these rates and their implications can help property owners make informed decisions and potentially explore appeal and exemption services.

Property Tax Rates Across Saybrook, Mclean County, Illinois

Source: Ownwell

1.97%

2.39%

2.81%

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 Saybrook Tax Rate

2.39%

Median Effective Mclean County Tax Rate

2.62%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Saybrook, Mclean County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61770	1.57%	2.09%	2.39%	2.87%	2.97%

Source: Ownwell

Property Tax Assessment Values Across Saybrook, Mclean County, Illinois

When examining property taxes in Saybrook, 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 McLean County Assessor's Office 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 McLean 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 Saybrook.

For example, the median home price in Saybrook is $84,369, with tax bills ranging significantly across the county. Zip code 61770 has the highest median home price at $84,369.

Property Tax Assessment Values Across Saybrook, Mclean County, Illinois

Source: Ownwell

$54,762

$156,365

$257,967

Median Saybrook Market Value

$84,369

Median Mclean County Market Value

$163,629

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Saybrook, Mclean County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61770	$35,835	$61,311	$84,369	$115,098	$161,236

Source: Ownwell

Property Tax Bills Across Saybrook, Mclean County, Illinois

In Saybrook, located in McLean County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the property's market value, and it plays a crucial role in determining the final tax bill. Factors such as local tax rates and levies imposed by taxing authorities also influence the total amount owed. Homeowners in Saybrook experience a range of tax bills, with the 25th percentile at $1,254 and the 75th percentile reaching $2,827. These figures highlight the variance in tax burdens depending on property value and location within the city. The highest median tax bill in the area is $1,957, which is below the national median of $2,400, offering some relief to local homeowners. Ownwell assists homeowners in reducing their property tax bills by identifying potential exemptions and appealing inaccurate assessments, ensuring they only pay their fair share.

Property Tax Bills Across Saybrook, Mclean County, Illinois

Source: Ownwell

$1,318

$3,989

$6,659

Median Saybrook Tax Bill

$1,957

Median Mclean County Tax Bill

$4,175

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Saybrook, Mclean County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61770	$517	$1,254	$1,957	$2,827	$4,081

Source: Ownwell