South Jacksonville, Morgan County, Illinois Property Taxes

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

Median South Jacksonville, IL effective property tax rate: 2.64%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median South Jacksonville, IL home value: $72,120
Median annual South Jacksonville, IL tax bill: $1,907, $493 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan calculated?

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

Last Updated March 1, 2025

South Jacksonville, Morgan County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.64%

Estimate Property Tax Bill

$1,904

$1,767

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

By entering your property's estimated assessed value, our calculator applies South 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 South Jacksonville, Morgan County, Illinois

Local government entities set tax rates, which can vary widely within a state. The reason for this is that 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 South Jacksonville’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. South Jacksonville, located in Morgan County, has a median property tax rate of 2.64%, which is notably higher than the national median of 1.02%. This means that homeowners in South Jacksonville are paying a significantly higher percentage of their home's assessed value in property taxes compared to the national average. When compared to other areas within the state, South Jacksonville's rate stands out as one of the highest. Understanding these differences can be crucial for homeowners looking to manage their property tax expenses effectively.

Property Tax Rates Across South 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 South Jacksonville Taxx Rate

2.64%

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 South Jacksonville, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62650	2.24%	2.64%	2.64%	2.64%	2.64%

Source: Ownwell

Property Tax Assessment Values Across South Jacksonville, Morgan County, Illinois

When examining property taxes in South 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 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 South Jacksonville. For example, the median home price in South Jacksonville is $72,120, with tax bills ranging significantly across the county. Zip code 62650 has the highest median home price at $72,120.

Property Tax Assessment Values Across South Jacksonville, Morgan County, Illinois

Source: Ownwell

$38,760

$55,440

$72,120

Median South Jacksonville Market Value

$72,120

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 South Jacksonville, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62650	$60,126	$60,570	$72,120	$101,040	$133,314

Source: Ownwell

Property Tax Bills Across South Jacksonville, Morgan County, Illinois

In South Jacksonville, IL, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in the area is $72,120, and property taxes are calculated based on this assessed value. Factors such as property size, location, and any improvements can influence the assessed value and, consequently, the tax bill. Homeowners in South Jacksonville experience a median property tax bill of $1,907, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,602 and the 90th percentile reaching up to $3,144. This variability can impact homeowners' financial planning and budgeting. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners in South Jacksonville lower their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across South Jacksonville, Morgan County, Illinois

Source: Ownwell

$523

$1,215

$1,907

Median South Jacksonville Tax Bill

$1,907

Median Morgan County Tax Bill

$1,473

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across South Jacksonville, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62650	$1,489	$1,602	$1,907	$2,515	$3,144

Source: Ownwell