La Prairie, Schuyler County, Illinois Property Taxes

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

Median LA PRAIRIE, IL effective property tax rate: 1.86%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median LA PRAIRIE, IL home value: $70,038
Median annual LA PRAIRIE, IL tax bill: $1,826, $574 lower than the national median property tax bill of $2,400.

How are property taxes in Schuyler calculated?

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

Last Updated March 1, 2025

La Prairie, Schuyler County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.86%

Estimate Property Tax Bill

$1,303

$1,209

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

Property Tax Rates Across La Prairie, Schuyler County, Illinois

Local government entities in Illinois set tax rates, which can vary widely within the state. Each year, counties like Schuyler estimate the budget necessary to provide essential services and divide it by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core annual process. In La Prairie, located in Schuyler County, the effective property tax rate stands at 1.86%. This rate is significantly higher than the national median property tax rate of 1.02%. When compared to other cities in Illinois, La Prairie maintains a consistent tax rate, as Schuyler County reports the same 1.86% rate across its zip codes. This consistency contrasts with the national landscape, where tax rates can fluctuate significantly. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across La Prairie, Schuyler County, Illinois

Source: Ownwell

1.86%

2.26%

2.66%

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 La Prairie Tax Rate

1.86%

Median Effective Schuyler County Tax Rate

2.25%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across La Prairie, Schuyler County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62346	1.00%	1.45%	1.86%	2.27%	2.57%

Source: Ownwell

Property Tax Assessment Values Across La Prairie, Schuyler County, Illinois

When examining property taxes in LA PRAIRIE, 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 Schuyler 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.

Assessment notices in Schuyler County 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 LA PRAIRIE. For example, the median home price in LA PRAIRIE is $70,038, with tax bills ranging significantly across the county. 62346 has the highest median home price at $70,038.

Property Tax Assessment Values Across La Prairie, Schuyler County, Illinois

Source: Ownwell

$17,310

$51,180

$85,050

Median La Prairie Market Value

$70,038

Median Schuyler County Market Value

$67,204

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across La Prairie, Schuyler County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62346	$10,101	$40,254	$70,038	$113,122	$144,552

Source: Ownwell

Property Tax Bills Across La Prairie, Schuyler County, Illinois

In La Prairie, located in Schuyler County, IL, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The local tax rate is then applied to this assessed value. For homeowners in La Prairie, the median home price is $70,038. Compared to the national median property tax bill of $2,400, La Prairie's tax bills range from the 25th percentile at $637 to the 90th percentile at $2,303, offering some relief to homeowners. However, understanding and navigating the complexities of property tax assessments can be challenging. That's where Ownwell steps in, providing expert property tax appeal and exemption services to help homeowners potentially reduce their tax burdens. By analyzing individual property assessments and identifying discrepancies, Ownwell assists homeowners in La Prairie in ensuring their tax bills are fair and accurate, potentially saving them money. With Ownwell's guidance, homeowners can gain confidence in managing their property tax obligations effectively.

Property Tax Bills Across La Prairie, Schuyler County, Illinois

Source: Ownwell

$407

$1,201

$1,995

Median La Prairie Tax Bill

$1,826

Median Schuyler County Tax Bill

$1,400

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across La Prairie, Schuyler County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62346	$91	$637	$1,826	$2,086	$2,303

Source: Ownwell