Du Bois, Perry County, Illinois Property Taxes
Median DU BOIS, IL effective property tax rate: 1.70%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median DU BOIS, IL home value: $119,211
Median annual DU BOIS, IL tax bill: $2,006, $394 lower than the national median property tax bill of $2,400.
How are property taxes in Perry calculated?
Property taxes in DU BOIS, 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 DU BOIS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in DU BOIS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Du Bois, Perry County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.7%
Estimate Property Tax Bill
$2,027
$1,881
Property Tax Rates Across Du Bois, Perry County, Illinois
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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.
In DU BOIS, located in Perry County, Illinois, the effective property tax rate stands out compared to other cities in the state. Illinois has a median property tax rate of 1.70%, which is significantly higher than the national median of 1.02%. This means that homeowners in DU BOIS may face higher property tax bills than those in many other parts of the country. Understanding these rates can help property owners in DU BOIS make informed decisions about their investments and potential savings through property tax appeals and exemptions. Comparing DU BOIS’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. can provide valuable insights for property owners.
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 Du Bois Taxx Rate
1.70%
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 Perry County Taxx Rate
1.89%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Du Bois, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62831 | 0.65% | 0.94% | 1.70% | 2.15% | 2.20% |
Source: Ownwell
Property Tax Assessment Values Across Du Bois, Perry County, Illinois
When examining property taxes in DU BOIS, 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 Perry 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 Perry 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 DU BOIS. For example, the median home price in DU BOIS is $119,211, with tax bills ranging significantly across the county. Zip code 62831 has the highest median home price at $119,211.
Property Tax Assessment Values Across Du Bois, Perry County, Illinois
Source: Ownwell
$46,304
$83,846
$121,388
Median Du Bois Market Value
$119,211
Median Perry County Market Value
$82,294
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Du Bois, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62831 | $28,292 | $48,716 | $119,211 | $131,272 | $155,472 |
Source: Ownwell
Property Tax Bills Across Du Bois, Perry County, Illinois
In Du Bois, Perry County, IL, property tax bills are determined by assessing the market value of a property and applying the local tax rate. With a median home price of $119,211, the property tax rate significantly impacts homeowners. The tax bill for the 25th percentile is $390, while at the 75th percentile, it rises to $2,824, and at the 90th percentile, it reaches $3,428. These figures indicate a substantial range in tax bills, reflecting how different factors like property value assessments and local tax rates influence the final amount. Compared to the national median property tax bill of $2,400, Du Bois residents may experience varying financial impacts based on their property valuations.
Ownwell can assist homeowners in reducing their property tax bills by providing expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell helps ensure homeowners are not overpaying. This service can be particularly beneficial in areas with higher tax bills, offering significant savings and financial relief to property owners.
Median Du Bois Tax Bill
$2,006
Median Perry County Tax Bill
$1,554
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Du Bois, Perry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62831 | $257 | $390 | $2,006 | $2,824 | $3,428 |
Source: Ownwell