Shelby County Property Taxes
The median property tax rate in Shelby County is 2.20%, which is significantly higher than the national median of 0.99% but slightly lower than the Illinois state median of 2.35%. With the median home value in Shelby County at $99,420, the typical annual property tax bill reaches $2,114, which is below the national median of $2,690. Property taxes in Shelby County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Shelby County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Shelbyville or another part of Shelby County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Shelby County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.2%
Estimate Property Tax Bill
$2,187
$2,030
Ownwell’s Shelby County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Shelby County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Shelby County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Shelby County, Illinois
Property taxes in Shelby County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Shelby County is 2.20%, which is higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Shelby County set these rates annually, and they can vary significantly between different areas within the county. Each year, Shelby County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Shelby County's effective property tax rate with other counties in Illinois and the national median. For comparison, the city of Bethany has one of the higher property tax rates in Illinois at 2.57%, while the city of Ramsey boasts one of the lowest at 1.62%. Analyzing how Shelby County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Shelby County Tax Rate
2.20%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Shelby County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Assumption | 1.75% | 2.03% | 2.51% | 2.95% | 3.12% |
| Beecher City | 0.98% | 1.77% | 2.15% | 2.39% | 2.81% |
| Bethany | 1.71% | 2.14% | 2.57% | 2.71% | 2.84% |
| Cowden | 1.17% | 1.69% | 2.08% | 2.43% | 2.93% |
| Effingham | 1.73% | 1.92% | 2.02% | 2.29% | 2.78% |
| Findlay | 1.83% | 2.14% | 2.44% | 2.63% | 2.70% |
| Gays | 1.53% | 1.62% | 1.82% | 2.21% | 2.53% |
| Herrick | 1.12% | 1.78% | 2.23% | 2.71% | 3.20% |
| Lakewood | 1.38% | 1.70% | 2.14% | 2.47% | 2.88% |
| Macon | 2.05% | 2.05% | 2.05% | 2.05% | 2.05% |
| Mode | 1.27% | 1.81% | 2.09% | 2.44% | 2.96% |
| Moweaqua | 1.78% | 2.19% | 2.55% | 2.76% | 2.91% |
| Neoga | 1.47% | 1.80% | 2.04% | 2.36% | 2.71% |
| Oconee | 1.90% | 2.17% | 2.47% | 3.03% | 3.28% |
| Pana | 1.30% | 2.10% | 2.44% | 2.81% | 3.30% |
| Ramsey | 1.41% | 1.49% | 1.62% | 2.29% | 2.70% |
| Shelbyville | 1.48% | 1.91% | 2.16% | 2.47% | 2.77% |
| Shumway | 1.43% | 2.00% | 2.13% | 2.43% | 2.81% |
| Sigel | 1.50% | 1.90% | 2.12% | 2.38% | 2.66% |
| Stewardson | 1.40% | 1.92% | 2.10% | 2.42% | 2.78% |
| Strasburg | 1.51% | 1.81% | 2.06% | 2.31% | 2.60% |
| Sullivan | 2.02% | 2.18% | 2.44% | 2.58% | 2.65% |
| Tower Hill | 1.39% | 1.95% | 2.35% | 2.85% | 3.23% |
| Westervelt | 2.19% | 2.19% | 2.19% | 2.19% | 2.19% |
| Windsor | 1.41% | 1.74% | 2.03% | 2.21% | 2.38% |
Source: Ownwell
Property Tax Assessment Values Across Shelby County, Illinois
In Shelby County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Shelby County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Shelby County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For example, Bethany has the highest median tax bill at $5,407, while Westervelt has the lowest at $366. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Shelby County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Shelby County Assessed Value
$99,420
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Shelby County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Assumption | $24,274 | $57,699 | $109,527 | $159,974 | $205,812 |
| Beecher City | $11,849 | $32,398 | $71,745 | $128,048 | $197,641 |
| Bethany | $55,351 | $134,343 | $230,062 | $327,212 | $560,188 |
| Cowden | $7,504 | $33,228 | $73,926 | $123,802 | $168,936 |
| Effingham | $2,548 | $36,069 | $109,617 | $154,893 | $209,648 |
| Findlay | $25,730 | $78,213 | $135,168 | $215,778 | $336,284 |
| Gays | $42,932 | $61,815 | $95,518 | $154,093 | $207,667 |
| Herrick | $10,774 | $30,038 | $65,006 | $123,586 | $166,091 |
| Lakewood | $12,408 | $30,417 | $73,527 | $122,424 | $173,378 |
| Macon | $85,185 | $85,185 | $85,185 | $85,185 | $85,185 |
| Mode | $13,064 | $36,074 | $96,494 | $152,251 | $192,053 |
| Moweaqua | $28,137 | $67,376 | $126,384 | $197,784 | $293,380 |
| Neoga | $9,586 | $34,191 | $96,198 | $152,830 | $201,883 |
| Oconee | $24,881 | $51,165 | $90,336 | $147,330 | $192,221 |
| Pana | $25,615 | $62,048 | $120,213 | $147,160 | $189,809 |
| Ramsey | $16,318 | $31,125 | $55,803 | $77,726 | $90,879 |
| Shelbyville | $17,032 | $48,025 | $98,832 | $161,275 | $209,629 |
| Shumway | $28,830 | $74,056 | $124,788 | $173,330 | $232,014 |
| Sigel | $14,907 | $36,286 | $95,457 | $177,884 | $231,081 |
| Stewardson | $19,302 | $49,339 | $107,703 | $163,382 | $219,270 |
| Strasburg | $27,365 | $73,668 | $114,618 | $160,923 | $236,717 |
| Sullivan | $67,873 | $84,354 | $111,822 | $163,113 | $193,888 |
| Tower Hill | $15,404 | $40,192 | $81,416 | $129,142 | $182,922 |
| Westervelt | $16,719 | $16,719 | $16,719 | $16,719 | $16,719 |
| Windsor | $20,440 | $58,982 | $113,472 | $173,324 | $230,693 |
Source: Ownwell
Property Tax Bills Across Shelby County, Illinois
In Shelby County, IL, property tax bills are calculated based on the assessed value of a home, which typically represents a percentage of its market value. Local tax rates, set by various taxing authorities such as school districts and municipalities, are then applied to this assessed value to determine the tax bill. Homeowners in Shelby County experience a range of property tax bills, with the 25th percentile at $976 and the 75th percentile reaching $3,493. For those in the 90th percentile, tax bills can be as high as $5,022. Factors influencing the tax bill include the property's assessed value, the local tax rate, and any exemptions for which the homeowner might qualify. Compared to the national median property tax rate of 0.99%, Shelby County's tax rates can vary significantly, impacting homeowners differently based on their property's location within the county. For example, Bethany has the highest median tax bill at $5,407, while Westervelt has the lowest at $366. This variability underscores the importance of understanding local tax policies and assessments.
Average Shelby County Tax Bill
$2,114
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Shelby County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Assumption | $727 | $1,279 | $2,347 | $4,531 | $5,583 |
| Beecher City | $221 | $463 | $1,295 | $2,580 | $4,331 |
| Bethany | $1,170 | $2,910 | $5,407 | $8,731 | $15,275 |
| Cowden | $211 | $574 | $1,601 | $2,540 | $3,476 |
| Effingham | $274 | $1,337 | $2,210 | $3,238 | $4,270 |
| Findlay | $688 | $1,796 | $3,359 | $5,096 | $8,131 |
| Gays | $748 | $1,163 | $1,835 | $3,573 | $4,243 |
| Herrick | $262 | $599 | $1,342 | $2,579 | $3,575 |
| Lakewood | $276 | $610 | $1,413 | $2,492 | $3,602 |
| Macon | $1,746 | $1,746 | $1,746 | $1,746 | $1,746 |
| Mode | $317 | $797 | $2,042 | $3,027 | $4,038 |
| Moweaqua | $744 | $1,585 | $2,826 | $5,076 | $8,093 |
| Neoga | $254 | $888 | $1,980 | $3,097 | $4,040 |
| Oconee | $572 | $1,211 | $2,224 | $3,636 | $5,423 |
| Pana | $383 | $1,421 | $2,876 | $3,696 | $5,043 |
| Ramsey | $334 | $548 | $904 | $1,128 | $1,262 |
| Shelbyville | $434 | $1,105 | $2,073 | $3,391 | $4,608 |
| Shumway | $659 | $1,704 | $2,753 | $3,982 | $5,500 |
| Sigel | $462 | $988 | $2,433 | $3,881 | $5,094 |
| Stewardson | $376 | $1,063 | $2,198 | $3,403 | $4,780 |
| Strasburg | $680 | $1,395 | $2,242 | $3,642 | $4,977 |
| Sullivan | $1,415 | $1,909 | $2,733 | $4,268 | $5,189 |
| Tower Hill | $367 | $801 | $1,998 | $3,142 | $4,658 |
| Westervelt | $366 | $366 | $366 | $366 | $366 |
| Windsor | $518 | $1,027 | $2,156 | $3,466 | $5,004 |
Source: Ownwell