Woosung, Ogle County, Illinois Property Taxes

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

Median Woosung, IL effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Woosung, IL home value: $98,960
Median annual Woosung, IL tax bill: $2,011, $389 lower than the national median property tax bill of $2,400.

How are property taxes in Ogle calculated?

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

Last Updated March 1, 2025

Woosung, Ogle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$2,029

$1,883

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

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While the process involves votes and legislation to establish these rates and budgets, this is the basic annual procedure.

In Woosung, located in Ogle County, IL, the effective property tax rate offers an interesting comparison to other cities within Illinois and the broader U.S. landscape. The median property tax rate in Illinois is notably higher than the national average, which stands at 1.02%. This means that residents in Woosung, like many others in the state, may experience higher property tax bills compared to the national median of $2400. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively. By staying informed and exploring potential exemptions or appeals, property owners can better navigate the complexities of property taxation in their region.

Property Tax Rates Across Woosung, 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 Woosung Taxx Rate

2.05%

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 Woosung, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61091	1.26%	1.88%	2.05%	2.42%	2.42%

Source: Ownwell

Property Tax Assessment Values Across Woosung, Ogle County, Illinois

When examining property taxes in Woosung, 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 assessment authority 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 Woosung. For example, the median home price in Woosung is $98,960, with tax bills ranging significantly across the county. 61091 has the highest median home price at $98,960.

Property Tax Assessment Values Across Woosung, Ogle County, Illinois

Source: Ownwell

$95,031

$149,638

$204,244

Median Woosung Market Value

$98,960

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 Woosung, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61091	$63,595	$75,634	$98,960	$118,530	$191,753

Source: Ownwell

Property Tax Bills Across Woosung, Ogle County, Illinois

In Woosung, located in Ogle County, 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 median home price in Woosung is $98,960, and property tax bills can vary significantly. For instance, homeowners at the 25th percentile pay around $1,551, while those at the 90th percentile face bills as high as $4,207. The median property tax bill in the area is $2,011, which is below the national median of $2,400. Factors such as changes in property value, local government budgets, and tax rates influence the final tax bill. This variability can pose challenges for homeowners trying to manage their expenses. Ownwell assists homeowners by reviewing their property assessments and identifying potential inaccuracies or overvaluations. By filing appeals and seeking exemptions, Ownwell helps clients potentially reduce their tax burdens, ensuring they pay only their fair share and not a penny more.

Property Tax Bills Across Woosung, Ogle County, Illinois

Source: Ownwell

$2,011

$3,340

$4,668

Median Woosung Tax Bill

$2,011

Median Ogle County Tax Bill

$3,458

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Woosung, Ogle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61091	$822	$1,551	$2,011	$2,394	$4,207

Source: Ownwell