Lindenwood, Ogle County, Illinois Property Taxes

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

Median Lindenwood, IL effective property tax rate: 2.32%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Lindenwood, IL home value: $137,606
Median annual Lindenwood, IL tax bill: $3,047, $647 higher than the national median property tax bill of $2,400.

How are property taxes in Ogle calculated?

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

Last Updated March 1, 2025

Lindenwood, Ogle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.32%

Estimate Property Tax Bill

$3,192

$2,963

Ownwell’s Lindenwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lindenwood with just two data points. By entering your property's estimated assessed value, our calculator applies Lindenwood’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 Lindenwood, Ogle 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 Lindenwood’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Lindenwood, located in Ogle County, has an effective property tax rate of 2.32%. This is significantly higher than the national median property tax rate of 1.02%. In fact, Lindenwood's rate stands as both the highest and lowest in its zip code, highlighting the uniformity within this area. The median property tax rate in Illinois is also 2.32%, which is more than double the national median. This could mean higher property tax bills for homeowners in Lindenwood compared to many other parts of the country, where the national median property tax bill is $2,400. Understanding these rates can help homeowners make informed decisions about property investments and anticipate future tax liabilities.

Property Tax Rates Across Lindenwood, 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 Lindenwood Tax Rate

2.32%

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 Lindenwood, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61049	1.90%	2.11%	2.32%	2.46%	2.71%

Source: Ownwell

Property Tax Assessment Values Across Lindenwood, Ogle County, Illinois

When examining property taxes in Lindenwood, 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 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 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 Lindenwood.

For example, the median home price in Lindenwood is $137,606, with tax bills ranging significantly across the county. Zip code 61049 has the highest median home price at $137,606.

Property Tax Assessment Values Across Lindenwood, Ogle County, Illinois

Source: Ownwell

$95,031

$149,638

$204,244

Median Lindenwood Market Value

$137,606

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 Lindenwood, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61049	$74,315	$104,002	$137,606	$168,401	$225,316

Source: Ownwell

Property Tax Bills Across Lindenwood, Ogle County, Illinois

In Lindenwood, located in Ogle County, IL, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. With a median home price of $137,606, homeowners in this area experience varying tax bills. The 25th percentile tax bill is $2,194, while the 75th percentile reaches $4,260, and the 90th percentile can go up to $5,457. These figures indicate a range that significantly impacts homeowners, especially when compared to the national median property tax bill of $2,400. The highest and lowest median tax bills in the region are both $3,047, reflecting a consistent tax rate across different zip codes within the area. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing your property's assessed value and ensuring it reflects accurate market conditions, Ownwell can help reduce your property tax burden, potentially saving you hundreds or even thousands of dollars annually.

Property Tax Bills Across Lindenwood, Ogle County, Illinois

Source: Ownwell

$2,011

$3,340

$4,668

Median Lindenwood Tax Bill

$3,047

Median Ogle County Tax Bill

$3,458

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Lindenwood, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61049	$1,494	$2,194	$3,047	$4,260	$5,457

Source: Ownwell