New Berlin, Sangamon County, Illinois Property Taxes
Median New Berlin, IL effective property tax rate: 2.10%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median New Berlin, IL home value: $160,646
Median annual New Berlin, IL tax bill: $3,314, $914 higher than the national median property tax bill of $2,400.
How are property taxes in Sangamon calculated?
Property taxes in New Berlin, 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 New Berlin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Berlin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Berlin, Sangamon County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.1%
Estimate Property Tax Bill
$3,374
$3,131
Ownwell’s New Berlin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New Berlin with just two data points.
By entering your property's estimated assessed value, our calculator applies New Berlin’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 New Berlin, Sangamon County, Illinois
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 New Berlin Tax Rate
2.10%
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 Sangamon County Tax Rate
2.31%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Berlin, Sangamon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62670 | 1.59% | 1.93% | 2.10% | 2.21% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across New Berlin, Sangamon County, Illinois
When examining property taxes in New Berlin, Illinois, 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 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 New Berlin.
For example, the median home price in New Berlin is $160,646, with tax bills ranging significantly across the county. Zip code 62670 has the highest median home price at $160,646.
Property Tax Assessment Values Across New Berlin, Sangamon County, Illinois
Source: Ownwell
$56,421
$155,278
$254,134
Median New Berlin Market Value
$160,646
Median Sangamon County Market Value
$144,820
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Berlin, Sangamon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62670 | $60,597 | $109,024 | $160,646 | $220,316 | $308,553 |
Source: Ownwell
Property Tax Bills Across New Berlin, Sangamon County, Illinois
In New Berlin, 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. For homeowners in New Berlin, the median property tax bill is significantly above the national median, with the highest median reaching $3,314. This is influenced by various factors, including the property's location, local government budgets, and school district funding requirements. Homeowners in this area can face tax bills ranging from $2,035 at the 25th percentile to $6,627 at the 90th percentile, highlighting the variability based on property characteristics and location.
Ownwell assists homeowners by providing expert property tax appeal and exemption services, potentially lowering their tax bills. By analyzing individual property assessments and market data, Ownwell identifies discrepancies or opportunities for tax reductions, ensuring homeowners only pay what is fair. This service can lead to substantial savings, making property ownership more affordable in New Berlin.
Median New Berlin Tax Bill
$3,314
Median Sangamon County Tax Bill
$3,283
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across New Berlin, Sangamon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62670 | $1,038 | $2,035 | $3,314 | $4,693 | $6,627 |
Source: Ownwell