Jacksonville, Morgan County, Illinois Property Taxes

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

Median Jacksonville, IL effective property tax rate: 3.18%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Jacksonville, IL home value: $57,900
Median annual Jacksonville, IL tax bill: $1,693, $707 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan County calculated?

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

Last Updated March 1, 2025

Jacksonville, Morgan County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.18%

Estimate Property Tax Bill

$1,841

$1,709

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

Property Tax Rates Across Jacksonville, Morgan 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 Jacksonville’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Jacksonville in Morgan County has an effective property tax rate of 3.18%, which is notably higher than the national median property tax rate of 1.02%. This places Jacksonville among the higher tax rate regions in the state. The property tax rate in Jacksonville highlights the significant variation that can exist within a state. Understanding these differences is crucial for property owners who are looking to manage their tax liabilities effectively.

Property Tax Rates Across Jacksonville, Morgan County, Illinois

Source: Ownwell

1.87%

2.52%

3.18%

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 Jacksonville Taxx Rate

3.18%

Median Effective Morgan County Taxx Rate

3.18%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Jacksonville, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62650	2.37%	3.18%	3.18%	3.18%	3.18%

Source: Ownwell

Property Tax Assessment Values Across Jacksonville, Morgan County, Illinois

When examining property taxes in Jacksonville, 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 Morgan 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 Morgan 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 Jacksonville. For example, the median home price in Jacksonville is $57,900, with tax bills ranging significantly across the county. ZIP code 62650 has the highest median home price at $57,900.

Property Tax Assessment Values Across Jacksonville, Morgan County, Illinois

Source: Ownwell

$38,760

$55,440

$72,120

Median Jacksonville Market Value

$57,900

Median Morgan County Market Value

$54,570

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Jacksonville, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62650	$12,438	$34,110	$57,900	$87,990	$143,406

Source: Ownwell

Property Tax Bills Across Jacksonville, Morgan County, Illinois

In Jacksonville, Morgan County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Jacksonville is $57,900, and property taxes are levied to fund local services, such as schools and infrastructure. The tax bill can vary significantly, with the 25th percentile at $979 and the 75th percentile at $2,635, highlighting the disparity in tax burdens among homeowners. The highest and lowest median tax bill in the area is $1,693, which is below the national median property tax bill of $2,400.

Homeowners may feel the impact of these taxes, especially if their property is over-assessed, leading to higher tax bills. This is where Ownwell can assist. By offering property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed, potentially lowering their tax bills. Through expert guidance and a thorough review process, Ownwell works to maximize savings, providing financial relief to homeowners in Jacksonville.

Property Tax Bills Across Jacksonville, Morgan County, Illinois

Source: Ownwell

$523

$1,215

$1,907

Median Jacksonville Tax Bill

$1,693

Median Morgan County Tax Bill

$1,473

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Jacksonville, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62650	$395	$979	$1,693	$2,635	$4,164

Source: Ownwell