Prairie Du Rocher, Randolph County, Illinois Property Taxes

Name: Property Tax Bills Across Prairie Du Rocher, Randolph County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Prairie du Rocher, IL effective property tax rate: 2.00%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Prairie du Rocher, IL home value: $18,795
Median annual Prairie du Rocher, IL tax bill: $377, $2,023 lower than the national median property tax bill of $2,400.

How are property taxes in Randolph calculated?

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

Last Updated March 1, 2025

Prairie Du Rocher, Randolph County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

Estimate Property Tax Bill

$376

$349

Ownwell’s Prairie Du Rocher Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Prairie Du Rocher with just two data points. By entering your property's estimated assessed value, our calculator applies Prairie Du Rocher’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 Randolph County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Prairie Du Rocher, Randolph County, Illinois

Local government entities are responsible for setting property tax rates, and these can vary significantly within a state. Each year, counties estimate their budget requirements to provide essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation, this is the core of how rates are set annually.

In Prairie Du Rocher, located in Randolph County, the effective property tax rate is notably higher than the national median of 1.02%. This reflects the county's specific budgetary needs and the total value of its taxable properties. When comparing Prairie Du Rocher's tax rate to other cities within Illinois, it aligns with the state's median, highlighting the uniformity in tax rates across the region. However, it remains considerably above the national median, resulting in a higher property tax bill compared to the national average of $2,400. Understanding these variations can help property owners anticipate their tax obligations and explore potential appeal or exemption opportunities to manage their expenses effectively.

Property Tax Rates Across Prairie Du Rocher, Randolph County, Illinois

Source: Ownwell

1.88%

2.52%

3.16%

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 Prairie Du Rocher Tax Rate

2.00%

Median Effective Randolph County Tax Rate

2.00%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Prairie Du Rocher, Randolph County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62277	1.87%	1.87%	2.00%	2.00%	2.00%

Source: Ownwell

Property Tax Assessment Values Across Prairie Du Rocher, Randolph County, Illinois

When examining property taxes in Prairie du Rocher, 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 Randolph 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 Randolph 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 Prairie du Rocher.

For example, the median home price in Prairie du Rocher is $18,795, with tax bills ranging significantly across the county. ZIP code 62277 has the highest median home price at $18,795.

Property Tax Assessment Values Across Prairie Du Rocher, Randolph County, Illinois

Source: Ownwell

$18,795

$63,810

$108,825

Median Prairie Du Rocher Market Value

$18,795

Median Randolph County Market Value

$47,528

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Prairie Du Rocher, Randolph County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62277	$3,426	$6,285	$18,795	$41,790	$57,069

Source: Ownwell

Property Tax Bills Across Prairie Du Rocher, Randolph County, Illinois

In Prairie Du Rocher, IL, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $18,795, the tax burden can vary widely. The median property tax bill in the area stands at $377, significantly lower than the national median of $2,400. However, some homeowners in the 90th percentile face bills as high as $1,108. Factors influencing these bills include property size, location, and improvements, which can lead to fluctuations within the tax brackets. High tax bills can strain homeowners, making it crucial to ensure assessments are accurate. Ownwell assists homeowners by analyzing property assessments for errors and identifying potential savings. By leveraging expertise in property tax appeals and exemptions, Ownwell helps reduce tax liabilities, ensuring homeowners only pay their fair share. This service not only alleviates financial pressure but also provides peace of mind, knowing that property taxes are managed efficiently.

Property Tax Bills Across Prairie Du Rocher, Randolph County, Illinois

Source: Ownwell

$377

$1,152

$1,926

Median Prairie Du Rocher Tax Bill

$377

Median Randolph County Tax Bill

$1,100

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Prairie Du Rocher, Randolph County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62277	$69	$126	$377	$838	$1,108

Source: Ownwell