Hillsdale, Rock Island County, Illinois Property Taxes

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

Median Hillsdale, IL effective property tax rate: 2.82%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Hillsdale, IL home value: $139,293
Median annual Hillsdale, IL tax bill: $3,839, $1,439 higher than the national median property tax bill of $2,400.

How are property taxes in Rock Island calculated?

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

Last Updated March 1, 2025

Hillsdale, Rock Island County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.82%

Estimate Property Tax Bill

$3,928

$3,645

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

Property Tax Rates Across Hillsdale, Rock Island County, Illinois

Local government entities determine tax rates, which can vary significantly within a state. Each year, counties calculate their necessary budget to fund services and divide this by the total value of all taxable property in their area, resulting in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Hillsdale, Rock Island County, the effective property tax rate is notably high compared to other cities in Illinois and the national median. Illinois is known for having one of the highest property tax rates in the nation, and Hillsdale exemplifies this trend. With a median property tax rate significantly above the national median of 1.02%, property owners in Hillsdale face a substantial tax burden. This high rate can impact homeowners' decisions, influencing both current residents and potential buyers. Understanding these rates is crucial for property owners looking to manage expenses effectively. Comparing Hillsdale's tax rate to other areas can provide valuable insights into the local tax landscape and help residents make informed decisions about their property investments.

Property Tax Rates Across Hillsdale, Rock Island County, Illinois

Source: Ownwell

2.47%

2.84%

3.21%

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 Hillsdale Tax Rate

2.82%

Median Effective Rock Island County Tax Rate

2.90%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hillsdale, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61257	2.15%	2.44%	2.82%	3.09%	3.36%

Source: Ownwell

Property Tax Assessment Values Across Hillsdale, Rock Island County, Illinois

When examining property taxes in Hillsdale, 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 Rock Island 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 Rock Island 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 Hillsdale. For example, the median home price in Hillsdale is $139,293, with tax bills ranging significantly across the county. Zip code 61257 has the highest median home price at $139,293.

Property Tax Assessment Values Across Hillsdale, Rock Island County, Illinois

Source: Ownwell

$90,532

$149,002

$207,472

Median Hillsdale Market Value

$139,293

Median Rock Island County Market Value

$104,406

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hillsdale, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61257	$67,481	$106,449	$139,293	$184,083	$243,400

Source: Ownwell

Property Tax Bills Across Hillsdale, Rock Island County, Illinois

In Hillsdale, located in Rock Island County, IL, property tax bills are calculated based on the assessed value of your property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as local government budgets, school funding needs, and community services influence the tax rate. With the median home price in Hillsdale at $139,293, homeowners can expect a tax bill significantly higher than the national median of $2,400. The 25th percentile tax bill is $2,950, while the 75th percentile tax bill reaches $5,858, showing a wide range of potential costs. These figures highlight the importance of ensuring your property is fairly assessed. Ownwell offers expert property tax appeal services, helping homeowners potentially lower their tax bills by ensuring accurate assessments and identifying applicable exemptions. By partnering with Ownwell, homeowners can navigate the complexities of property taxes with confidence and potentially save significantly on their annual bills.

Property Tax Bills Across Hillsdale, Rock Island County, Illinois

Source: Ownwell

$2,685

$5,367

$8,048

Median Hillsdale Tax Bill

$3,839

Median Rock Island County Tax Bill

$2,928

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Hillsdale, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61257	$1,573	$2,950	$3,839	$5,858	$7,455

Source: Ownwell