Oregon, Ogle County, Illinois Property Taxes

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

Median Oregon, IL effective property tax rate: 2.65%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Oregon, IL home value: $130,608
Median annual Oregon, IL tax bill: $3,472, $1,072 higher than the national median property tax bill of $2,400.

How are property taxes in Ogle County calculated?

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

Last Updated March 1, 2025

Oregon, Ogle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.65%

Estimate Property Tax Bill

$3,461

$3,212

Ownwell’s Oregon Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Oregon with just two data points. By entering your property's estimated assessed value, our calculator applies Oregon’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 Oregon, Ogle County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

OREGON in Ogle County, IL, showcases an effective property tax rate that stands out when compared to other cities in Illinois and the U.S. The median property tax rate in Illinois is notably higher than the national median of 1.02%. With Ogle County's median property tax rate at 2.65%, it is significantly above the national average, reflecting the state's overall trend. This rate can influence homeowners' decisions, as higher property taxes can impact the affordability of owning a home in the area. Understanding these rates is crucial for property owners aiming to manage their expenses effectively and explore potential tax appeal opportunities.

Property Tax Rates Across Oregon, 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 Oregon Tax Rate

2.65%

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 Oregon, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61061	1.92%	2.31%	2.65%	2.92%	3.24%

Source: Ownwell

Property Tax Assessment Values Across Oregon, Ogle County, Illinois

When examining property taxes in Oregon, 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. Assessment notices in Ogle County 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 Oregon. For example, the median home price in Oregon is $130,608, with tax bills ranging significantly across the county. Zip code 61061 has the highest median home price at $130,608.

Property Tax Assessment Values Across Oregon, Ogle County, Illinois

Source: Ownwell

$95,031

$149,638

$204,244

Median Oregon Market Value

$130,608

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 Oregon, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61061	$60,824	$87,116	$130,608	$196,789	$263,855

Source: Ownwell

Property Tax Bills Across Oregon, Ogle County, Illinois

In Oregon, located in Ogle County, Illinois, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the tax rate to calculate the tax bill. The median home price in Oregon is $130,608, which significantly impacts the tax bill. For instance, the tax bill at the 25th percentile is $2,308, while at the 75th percentile, it rises to $5,273, and at the 90th percentile, it reaches $7,222. This range shows how varying property values and tax rates can affect homeowners. With the national median property tax rate at 1.02%, Oregon's homeowners might find their tax burdens higher or lower depending on local rates. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemption services, ensuring they pay only what is fair. By leveraging expertise, Ownwell can help reduce tax burdens effectively, providing financial relief and peace of mind.

Property Tax Bills Across Oregon, Ogle County, Illinois

Source: Ownwell

$2,011

$3,340

$4,668

Median Oregon Tax Bill

$3,472

Median Ogle County Tax Bill

$3,458

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Oregon, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61061	$1,560	$2,308	$3,472	$5,273	$7,222

Source: Ownwell