Rockford, Ogle County, Illinois Property Taxes

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

Median Rockford, IL effective property tax rate: 2.26%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Rockford, IL home value: $202,470
Median annual Rockford, IL tax bill: $4,667, $2,267 higher than the national median property tax bill of $2,400.

How are property taxes in Ogle calculated?

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

Last Updated March 1, 2025

Rockford, Ogle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.26%

Estimate Property Tax Bill

$4,576

$4,246

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

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation is due to each county's annual budget estimation process. Counties determine the necessary funds to provide services and divide this amount by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although the process involves votes and legal considerations, this is essentially how annual property tax rates are established.

In Rockford, located in Winnebago County, Illinois, the effective property tax rate is notably higher than both the state and national medians. The median property tax rate in Illinois stands at 2.26%, considerably above the national median of 1.02%. This means that residents in Rockford may experience higher property tax bills compared to other areas in the state and across the country. Understanding these rates is crucial for property owners considering tax appeals or exemptions. Comparing Rockford’s rates with those of other cities in Illinois and the broader U.S. context highlights the importance of staying informed about local property tax trends and potential savings opportunities.

Property Tax Rates Across Rockford, 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 Rockford Taxx Rate

2.26%

Median Effective Ogle County Taxx Rate

2.50%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Rockford, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61102	1.79%	2.13%	2.25%	2.34%	2.50%
61109	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Rockford, Ogle County, Illinois

When examining property taxes in Rockford, 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 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 Rockford. For example, the median home price in Rockford is $202,470, with tax bills ranging significantly across the county. Zip code 61102 has the highest median home price at $204,244.

Property Tax Assessment Values Across Rockford, Ogle County, Illinois

Source: Ownwell

$95,031

$149,638

$204,244

Median Rockford Market Value

$202,470

Median Ogle County Market Value

$139,425

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Rockford, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61102	$103,990	$148,219	$204,244	$276,871	$374,985
61109	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Rockford, Ogle County, Illinois

In Rockford, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value determined by local assessors. The tax rate is then applied to this assessed value to determine the annual tax bill. In Rockford, the median home price is $202,470, leading to significant tax bills that can vary widely. For example, the 25th percentile tax bill is $3,357, while the 90th percentile reaches $8,601. This variation can impact homeowners significantly, as property taxes are a major component of homeownership costs. Rockford's highest and lowest median tax bill is $4,647 in zip code 61102, which is notably higher than the national median property tax bill of $2,400. This financial burden can be alleviated with the help of property tax consulting services. Ownwell assists homeowners by identifying potential savings through appeals and exemptions, ensuring they pay only what is fair and potentially saving them thousands of dollars annually on their property tax bills.

Property Tax Bills Across Rockford, Ogle County, Illinois

Source: Ownwell

$2,011

$3,340

$4,668

Median Rockford Tax Bill

$4,667

Median Ogle County Tax Bill

$3,458

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Rockford, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61102	$1,963	$3,220	$4,647	$6,230	$8,530
61109	N/A	N/A	N/A	N/A	N/A

Source: Ownwell