Prairie Du Rocher, Monroe County, Illinois Property Taxes

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

Median Prairie Du Rocher, IL effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Prairie Du Rocher, IL home value: $133,857. Median annual Prairie Du Rocher, IL tax bill: $2,070, $330 lower than the national median property tax bill of $2,400.

How are property taxes in Monroe calculated?

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

Last Updated March 1, 2025

Prairie Du Rocher, Monroe County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$2,423

$2,248

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

By entering your property's estimated assessed value, our calculator applies Prairie Du Rocher’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 Monroe County.

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

Property Tax Rates Across Prairie Du Rocher, Monroe County, Illinois

Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each county annually estimates its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate.

Although votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process.

Below, you can compare Prairie du Rocher’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Property Tax Rates Across Prairie Du Rocher, Monroe County, Illinois

Source: Ownwell

1.69%

1.91%

2.13%

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 Prairie Du Rocher Tax Rate

1.81%

Median Effective Monroe County Tax Rate

1.91%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Prairie Du Rocher, Monroe County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62277	1.39%	1.63%	1.81%	2.01%	2.01%

Source: Ownwell

Property Tax Assessment Values Across Prairie Du Rocher, Monroe County, Illinois

When examining property taxes in Prairie du Rocher, 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 Monroe County Assessor 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 Monroe 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 Prairie du Rocher. For example, the median home price in Prairie du Rocher is $133,857, with tax bills ranging significantly across the county. Zip code 62277 has the highest median home price at $133,857.

Property Tax Assessment Values Across Prairie Du Rocher, Monroe County, Illinois

Source: Ownwell

$54,540

$147,450

$240,360

Median Prairie Du Rocher Market Value

$133,857

Median Monroe County Market Value

$218,520

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Prairie Du Rocher, Monroe County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62277	$25,365	$72,300	$133,857	$181,563	$216,071

Source: Ownwell

Property Tax Bills Across Prairie Du Rocher, Monroe County, Illinois

In Prairie du Rocher, 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. Homeowners in Monroe County, where Prairie du Rocher is located, face a median property tax bill of $2,070, slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,330 and the 75th percentile reaching $3,134. Factors influencing these variations include property size, location, and any applicable exemptions. These taxes fund essential services such as schools, infrastructure, and emergency services, directly impacting community quality of life. Ownwell offers valuable assistance to homeowners by reviewing property assessments to ensure accuracy and identifying potential exemptions. By appealing over-assessments, Ownwell can help lower property tax bills, providing homeowners with significant savings and peace of mind.

Property Tax Bills Across Prairie Du Rocher, Monroe County, Illinois

Source: Ownwell

$954

$2,691

$4,428

Median Prairie Du Rocher Tax Bill

$2,070

Median Monroe County Tax Bill

$3,972

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Prairie Du Rocher, Monroe County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62277	$357	$1,330	$2,070	$3,134	$4,026

Source: Ownwell