Shirley, Mclean County, Illinois Property Taxes
Median SHIRLEY, IL effective property tax rate: 2.42%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median SHIRLEY, IL home value: $142,971
Median annual SHIRLEY, IL tax bill: $3,247, $847 higher than the national median property tax bill of $2,400.
How are property taxes in McLean calculated?
Property taxes in SHIRLEY, 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 SHIRLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SHIRLEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Shirley, Mclean County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.42%
Estimate Property Tax Bill
$3,460
$3,211
Property Tax Rates Across Shirley, Mclean County, Illinois
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 Shirley Tax Rate
2.42%
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 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 Shirley, Mclean County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
61772 | 1.68% | 2.19% | 2.42% | 2.62% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Shirley, Mclean County, Illinois
When examining property taxes in Shirley, 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 assessment 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 Shirley.
For example, the median home price in Shirley is $142,971, with tax bills ranging significantly across the county. Zip code 61772 has the highest median home price at $142,971.
Property Tax Assessment Values Across Shirley, Mclean County, Illinois
Source: Ownwell

$54,762
$156,365
$257,967
Median Shirley Market Value
$142,971
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 Shirley, Mclean County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
61772 | $70,983 | $92,208 | $142,971 | $181,917 | $244,077 |
Source: Ownwell
Property Tax Bills Across Shirley, Mclean County, Illinois
In Shirley, located in McLean County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Shirley face a median property tax bill of $3,247, which is notably higher than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. For homeowners, this can mean a significant financial obligation, with tax bills ranging from $2,039 at the 25th percentile to $6,626 at the 90th percentile.
Ownwell assists homeowners in Shirley by providing expert property tax appeal and exemption services. By reviewing assessments for inaccuracies and advocating for fair valuations, Ownwell helps clients potentially reduce their tax burdens. This service can be particularly beneficial in a region where property taxes are above the national median, offering the possibility of substantial savings for homeowners.
Median Shirley Tax Bill
$3,247
Median Mclean County Tax Bill
$4,175
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Shirley, Mclean County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
61772 | $1,395 | $2,039 | $3,247 | $4,651 | $6,626 |
Source: Ownwell