Allenville, Moultrie County, Illinois Property Taxes

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

Median Allenville, IL effective property tax rate: 1.83%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Allenville, IL home value: $34,636
Median annual Allenville, IL tax bill: $561, $1,839 lower than the national median property tax bill of $2,400.

How are property taxes in Moultrie County calculated?

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

Last Updated March 1, 2025

Allenville, Moultrie County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.83%

Estimate Property Tax Bill

$634

$588

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

Property Tax Rates Across Allenville, Moultrie County, Illinois

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variance is due to each county's annual process of estimating the budget required to provide essential services. They then divide this budget by the total assessed value of all taxable property within their jurisdiction to determine the property tax rate. Although the process involves votes and laws, this is essentially how tax rates are established each year.

In Allenville, located in Moultrie County, Illinois, the effective property tax rate is 1.83%. This rate is notably higher than the national median of 1.02%, indicating a greater financial responsibility for property owners in this region. The median property tax rate in Illinois also stands at 1.83%, showcasing that Allenville aligns with the state's average. However, it is important to note that this rate is significantly above the national median property tax bill of $2,400, reflecting the higher property tax burden faced by residents. Understanding these rates can help property owners make informed decisions and potentially seek services to appeal or reduce their tax liabilities.

Property Tax Rates Across Allenville, Moultrie County, Illinois

Source: Ownwell

1.58%

1.94%

2.29%

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 Allenville Tax Rate

1.83%

Median Effective Moultrie County Tax Rate

2.15%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Allenville, Moultrie County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61951	0.74%	1.04%	1.83%	2.58%	2.58%

Source: Ownwell

Property Tax Assessment Values Across Allenville, Moultrie County, Illinois

When examining property taxes in Allenville, 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 Moultrie County Assessor's 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 Moultrie 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 Allenville. For example, the median home price in Allenville is $34,636, with tax bills ranging significantly across the county. Zip code 61951 has the highest median home price at $34,636.

Property Tax Assessment Values Across Allenville, Moultrie County, Illinois

Source: Ownwell

$34,636

$96,488

$158,340

Median Allenville Market Value

$34,636

Median Moultrie County Market Value

$97,648

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Allenville, Moultrie County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61951	$14,665	$22,913	$34,636	$63,740	$92,557

Source: Ownwell

Property Tax Bills Across Allenville, Moultrie County, Illinois

In Allenville, located in Moultrie 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 this area is $34,636. Tax rates are applied to this assessed value to determine the annual tax bill. Factors such as local government budgets, school funding needs, and public services influence these rates. The median property tax bill in Allenville is $561, which is significantly lower than the national median of $2,400. However, homeowners can still face financial strain, especially when tax bills reach the higher percentiles, such as $1,645 at the 90th percentile. Ownwell can assist homeowners by offering property tax appeal services to ensure their assessments are fair and accurate. This can lead to significant savings, as even a small reduction in the assessed value can lower the tax bill. By utilizing Ownwell's expertise, homeowners can potentially reduce their financial burden and ensure their tax liabilities align with their property's true value.

Property Tax Bills Across Allenville, Moultrie County, Illinois

Source: Ownwell

$561

$2,347

$4,133

Median Allenville Tax Bill

$561

Median Moultrie County Tax Bill

$2,121

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Allenville, Moultrie County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61951	$190	$324	$561	$1,237	$1,645

Source: Ownwell