Orion, Rock Island County, Illinois Property Taxes

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

Median Orion, IL effective property tax rate: 3.18%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Orion, IL home value: $199,023
Median annual Orion, IL tax bill: $8,048, $5,648 higher than the national median property tax bill of $2,400.

How are property taxes in Rock Island calculated?

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

Last Updated March 1, 2025

Orion, Rock Island County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.18%

Estimate Property Tax Bill

$6,329

$5,873

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

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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. Below, you can compare Orion’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Orion, located in Rock Island County, is known for having a property tax rate that stands out significantly from both the state and national averages. With a median tax rate of 3.18%, Orion's property taxes are notably higher compared to the national median rate of 1.02%. This distinction places Orion among the regions with the highest property tax rates in the country. Understanding these figures is crucial for property owners in Orion, as it directly impacts their annual financial planning and housing costs.

Property Tax Rates Across Orion, 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 Orion Tax Rate

3.18%

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 Orion, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61273	2.95%	3.05%	3.18%	3.48%	4.17%

Source: Ownwell

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

When examining property taxes in Orion, 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 Orion. For example, the median home price in Orion is $199,023, with tax bills ranging significantly across the county. Zip code 61273 has the highest median home price at $199,023.

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

Source: Ownwell

$90,532

$149,002

$207,472

Median Orion Market Value

$199,023

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 Orion, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61273	$119,852	$154,916	$199,023	$356,668	$423,553

Source: Ownwell

Property Tax Bills Across Orion, Rock Island County, Illinois

In Orion, located within Rock Island County, IL, property tax bills are calculated based on the assessed value of a home, 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. For homeowners in Orion, the median property tax bill is notably higher than the national median, reflecting the area's tax rate and home values. Factors such as the property's location within the county and any applicable exemptions can influence the final tax bill. Homeowners often face challenges due to these high property taxes, impacting their financial planning and overall cost of homeownership.

Ownwell offers a solution by providing expert property tax appeal services. By analyzing your property’s assessed value and comparing it to similar properties, Ownwell identifies opportunities for reducing your tax bill. Their team of professionals guides homeowners through the appeal process, ensuring that they pay only their fair share. With Ownwell's assistance, homeowners in Orion can potentially save significantly on their property tax bills, alleviating some of the financial burdens associated with homeownership.

Property Tax Bills Across Orion, Rock Island County, Illinois

Source: Ownwell

$2,685

$5,367

$8,048

Median Orion Tax Bill

$8,048

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 Orion, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61273	$4,297	$4,755	$8,048	$12,448	$13,535

Source: Ownwell