Taylor Ridge, Rock Island County, Illinois Property Taxes

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

Median Taylor Ridge, IL effective property tax rate: 2.90%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Taylor Ridge, IL home value: $157,506. Median annual Taylor Ridge, IL tax bill: $4,880, $2,480 higher than the national median property tax bill of $2,400.

How are property taxes in Rock Island calculated?

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

Last Updated March 1, 2025

Taylor Ridge, Rock Island County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.9%

Estimate Property Tax Bill

$4,568

$4,239

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

Local government entities set tax rates, which can vary significantly within a state. This is because each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. While votes and laws influence tax rates and budgets, this is the core of the annual process.

Taylor Ridge in Rock Island County, Illinois, exemplifies this with an effective property tax rate that stands out in comparison to other cities within Illinois and against national averages. The median property tax rate in Illinois is notably higher than the national median, and Taylor Ridge reflects this trend. With Illinois' median property tax rate at 2.90%, it is significantly above the national median of 1.02%. This makes Illinois one of the states with the highest property tax rates in the nation. For residents of Taylor Ridge, understanding these rates is crucial for financial planning and property investment decisions. This insight into local tax rates can aid homeowners in making informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Taylor Ridge, 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 Taylor Ridge Tax Rate

2.90%

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 Taylor Ridge, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61284	2.29%	2.55%	2.90%	3.30%	3.69%

Source: Ownwell

Property Tax Assessment Values Across Taylor Ridge, Rock Island County, Illinois

When examining property taxes in Taylor Ridge, 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 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 Taylor Ridge. For example, the median home price in Taylor Ridge is $157,506, with tax bills ranging significantly across the county. 61284 has the highest median home price at $157,506.

Property Tax Assessment Values Across Taylor Ridge, Rock Island County, Illinois

Source: Ownwell

$90,532

$149,002

$207,472

Median Taylor Ridge Market Value

$157,506

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 Taylor Ridge, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61284	$57,968	$109,928	$157,506	$230,610	$313,326

Source: Ownwell

Property Tax Bills Across Taylor Ridge, Rock Island County, Illinois

In Taylor Ridge, IL, located in Rock Island County, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, which is then multiplied by the local tax rate to calculate the tax bill. In Taylor Ridge, the median home price is $157,506, and the property tax rate results in a median tax bill of $4,880. This is significantly higher than the national median property tax bill of $2,400, reflecting the local tax dynamics. Factors such as location, home size, and improvements can influence a home's assessed value, impacting the overall tax bill. Homeowners in Taylor Ridge may face financial strain due to these higher tax bills. Ownwell can assist by providing property tax appeal services, identifying potential savings opportunities, and ensuring homeowners are not overpaying. By leveraging local expertise, Ownwell helps homeowners navigate the complexities of property taxes and potentially reduce their tax burdens.

Property Tax Bills Across Taylor Ridge, Rock Island County, Illinois

Source: Ownwell

$2,685

$5,367

$8,048

Median Taylor Ridge Tax Bill

$4,880

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 Taylor Ridge, Rock Island County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61284	$2,551	$3,456	$4,880	$7,361	$9,809

Source: Ownwell