Fillmore, Montgomery County, Illinois Property Taxes

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

Median Fillmore, 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 Fillmore, IL home value: $80,096
Median annual Fillmore, IL tax bill: $1,724, $676 lower than the national median property tax bill of $2,400.

How are property taxes in Montgomery calculated?

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

Last Updated March 1, 2025

Fillmore, Montgomery 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

$1,914

$1,776

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

Property Tax Rates Across Fillmore, Montgomery County, Illinois

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Fillmore’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

In Fillmore, located in Montgomery County, the property tax rate is significantly higher than the national median. Illinois, known for having one of the highest property tax rates in the country, reflects this in Fillmore. This higher rate can impact homeowners' annual expenses considerably when compared to the national median property tax rate and bill. Understanding these differences is crucial for property owners and potential buyers in making informed decisions about their investments. By effectively managing property taxes, residents can mitigate some of the financial burdens associated with owning property in areas with high tax rates.

Property Tax Rates Across Fillmore, Montgomery County, Illinois

Source: Ownwell

2.05%

2.39%

2.72%

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 Fillmore Taxx Rate

2.39%

Median Effective Montgomery County Taxx Rate

2.46%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Fillmore, Montgomery County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62032	1.27%	1.97%	2.39%	2.69%	2.80%

Source: Ownwell

Property Tax Assessment Values Across Fillmore, Montgomery County, Illinois

When examining property taxes in Fillmore, 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 Montgomery 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 Montgomery 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 Fillmore.

For example, the median home price in Fillmore is $80,096, with tax bills ranging significantly across the county. Zip code 62032 has the highest median home price at $80,096.

Property Tax Assessment Values Across Fillmore, Montgomery County, Illinois

Source: Ownwell

$80,096

$125,436

$170,775

Median Fillmore Market Value

$80,096

Median Montgomery County Market Value

$105,765

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Fillmore, Montgomery County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62032	$24,234	$41,750	$80,096	$134,895	$190,244

Source: Ownwell

Property Tax Bills Across Fillmore, Montgomery County, Illinois

In Fillmore, located in Montgomery County, IL, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $80,096. Homeowners in Fillmore can expect a property tax bill that varies significantly, with the 25th percentile at $827 and the 75th percentile reaching $3,298. Notably, the highest and lowest median tax bills in the region are both $1,724, which is below the national median property tax bill of $2,400. These figures highlight the variability in property tax obligations, influenced by factors such as property value assessments and local tax rates. For homeowners looking to reduce their property tax bills, Ownwell offers valuable services. By leveraging expert knowledge of property tax laws and appeal processes, Ownwell can assist homeowners in identifying potential savings and filing appeals to ensure they are not overpaying. This can lead to significant reductions in annual property tax expenses, providing financial relief and peace of mind.

Property Tax Bills Across Fillmore, Montgomery County, Illinois

Source: Ownwell

$1,498

$3,096

$4,694

Median Fillmore Tax Bill

$1,724

Median Montgomery County Tax Bill

$2,523

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Fillmore, Montgomery County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62032	$463	$827	$1,724	$3,298	$4,989

Source: Ownwell