Divernon, Sangamon County, Illinois Property Taxes

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

Median Divernon, IL effective property tax rate: 1.93%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Divernon, IL home value: $116,736
Median annual Divernon, IL tax bill: $2,206, $194 lower than the national median property tax bill of $2,400.

How are property taxes in Sangamon calculated?

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

Last Updated March 1, 2025

Divernon, Sangamon County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.93%

Estimate Property Tax Bill

$2,253

$2,091

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

Property Tax Rates Across Divernon, Sangamon County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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 Divernon’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

In Divernon, located in Sangamon County, the property tax rate is notably higher than the national median of 1.02%. This means homeowners in Divernon might find themselves paying more in property taxes compared to the average American homeowner. However, understanding local tax rates is crucial for property owners, as it directly affects their annual expenses. It's important for homeowners to stay informed about these rates to effectively manage their finances. Comparing these rates can offer insights into the local government's budgeting priorities and how they might impact community services.

Property Tax Rates Across Divernon, Sangamon County, Illinois

Source: Ownwell

1.74%

2.36%

2.99%

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 Divernon Taxx Rate

1.93%

Median Effective Sangamon County Taxx Rate

2.31%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Divernon, Sangamon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62530	1.37%	1.78%	1.93%	2.05%	2.13%

Source: Ownwell

Property Tax Assessment Values Across Divernon, Sangamon County, Illinois

When examining property taxes in Divernon, 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 Sangamon 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 Sangamon 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 Divernon. For example, the median home price in Divernon is $116,736, with tax bills ranging significantly across the county. Zip code 62530 has the highest median home price at $116,736.

Property Tax Assessment Values Across Divernon, Sangamon County, Illinois

Source: Ownwell

$56,421

$155,278

$254,134

Median Divernon Market Value

$116,736

Median Sangamon County Market Value

$144,820

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Divernon, Sangamon County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62530	$58,366	$83,133	$116,736	$168,021	$203,414

Source: Ownwell

Property Tax Bills Across Divernon, Sangamon County, Illinois

In Divernon, located in Sangamon 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. Several factors influence this calculation, including local government budgets and school funding needs. With a median home price of $116,736, the property tax bills in Divernon can vary significantly. For instance, homeowners in the 25th percentile pay around $1,409, while those in the 75th percentile face bills of approximately $3,385. The 90th percentile sees bills as high as $4,173. These figures are above the national median property tax bill of $2,400, indicating a substantial financial impact on homeowners. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By ensuring accurate assessments and leveraging local tax laws, Ownwell can help reduce the burden of high property tax bills, providing significant financial relief to homeowners in Divernon.

Property Tax Bills Across Divernon, Sangamon County, Illinois

Source: Ownwell

$1,004

$3,692

$6,380

Median Divernon Tax Bill

$2,206

Median Sangamon County Tax Bill

$3,283

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Divernon, Sangamon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62530	$857	$1,409	$2,206	$3,385	$4,173

Source: Ownwell