Esmond, Ogle County, Illinois Property Taxes

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

Median Esmond, IL effective property tax rate: 2.48%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Esmond, IL home value: $175,113
Median annual Esmond, IL tax bill: $4,271, $1,871 higher than the national median property tax bill of $2,400.

How are property taxes in Ogle County calculated?

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

Last Updated March 1, 2025

Esmond, Ogle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.48%

Estimate Property Tax Bill

$4,343

$4,030

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

Property Tax Rates Across Esmond, Ogle County, Illinois

Local government entities set tax rates, which can vary widely within a state. Why? Because 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 Esmond’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Esmond, located in Ogle County, has a median property tax rate of 2.48%. This rate is notably higher than the national median property tax rate of 1.02% and the national median property tax bill of $2400. In Illinois, Esmond's rate is among the highest, reflecting the state's tendency toward higher property tax rates compared to many other states. Understanding these rates and how they are determined is crucial for homeowners looking to appeal their property taxes or seek exemptions.

Property Tax Rates Across Esmond, Ogle County, Illinois

Source: Ownwell

2.05%

2.35%

2.65%

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 Esmond Tax Rate

2.48%

Median Effective Ogle County Tax Rate

2.50%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Esmond, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60129	1.97%	2.27%	2.48%	2.71%	2.81%

Source: Ownwell

Property Tax Assessment Values Across Esmond, Ogle County, Illinois

When examining property taxes in Esmond, 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 Ogle 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 Ogle 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 Esmond. For example, the median home price in Esmond is $175,113, with tax bills ranging significantly across the county. Zip code 60129 has the highest median home price at $175,113.

Property Tax Assessment Values Across Esmond, Ogle County, Illinois

Source: Ownwell

$95,031

$149,638

$204,244

Median Esmond Market Value

$175,113

Median Ogle County Market Value

$139,425

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Esmond, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60129	$66,636	$111,456	$175,113	$265,334	$328,560

Source: Ownwell

Property Tax Bills Across Esmond, Ogle County, Illinois

In Esmond, located in Ogle County, Illinois, property tax bills are determined by the assessed value of a home, which is a percentage of the property's market value. This assessed value is then multiplied by the local tax rate, which is used to calculate the annual property tax bill. Homeowners in Esmond often face property tax bills that are higher than the national median, with the 25th percentile tax bill at $2,943, significantly above the national median property tax bill of $2,400. The tax bill can escalate to the 90th percentile, reaching $8,745, reflecting the impact of local tax rates and assessed values on homeowners.

Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing these burdensome tax bills. By analyzing the assessed values and ensuring they are accurate and fair, Ownwell can identify opportunities for savings. This service can lead to significant reductions in property tax bills, providing financial relief for homeowners in Esmond who might otherwise be overpaying on their property taxes.

Property Tax Bills Across Esmond, Ogle County, Illinois

Source: Ownwell

$2,011

$3,340

$4,668

Median Esmond Tax Bill

$4,271

Median Ogle County Tax Bill

$3,458

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Esmond, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60129	$1,549	$2,943	$4,271	$6,350	$8,745

Source: Ownwell