Effingham, Shelby County, Illinois Property Taxes

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

Median Effingham, IL effective property tax rate: 2.02%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Effingham, IL home value: $109,617
Median annual Effingham, IL tax bill: $2,210, $190 lower than the national median property tax bill of $2,400.

How are property taxes in Shelby County calculated?

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

Last Updated March 1, 2025

Effingham, Shelby County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.02%

Estimate Property Tax Bill

$2,214

$2,055

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

Property Tax Rates Across Effingham, Shelby 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 Effingham’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Effingham, located in Shelby County, experiences a median property tax rate of 2.02%, which is considerably higher than the national median of 1.02%. This suggests that property owners in Effingham might face higher tax bills compared to other regions across the country. With the national median property tax bill at $2400, the implications for property owners in Effingham are significant. Understanding these differences is crucial for property owners looking to manage their expenses effectively.

Property Tax Rates Across Effingham, Shelby County, Illinois

Source: Ownwell

1.82%

2.19%

2.57%

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 Effingham Taxx Rate

2.02%

Median Effective Shelby County Taxx Rate

2.20%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Effingham, Shelby County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62401	1.73%	1.92%	2.02%	2.29%	2.78%

Source: Ownwell

Property Tax Assessment Values Across Effingham, Shelby County, Illinois

When examining property taxes in Effingham, 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 Shelby 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 Shelby 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 Effingham.

For example, the median home price in Effingham is $109,617, with tax bills ranging significantly across the county. Zip code 62401 has the highest median home price at $109,617.

Property Tax Assessment Values Across Effingham, Shelby County, Illinois

Source: Ownwell

$65,006

$147,534

$230,062

Median Effingham Market Value

$109,617

Median Shelby County Market Value

$99,420

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Effingham, Shelby County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62401	$2,548	$36,069	$109,617	$154,893	$209,648

Source: Ownwell

Property Tax Bills Across Effingham, Shelby County, Illinois

In Effingham, located 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. The tax rate is then applied to this assessed value to determine the annual tax bill. Various factors, including local government budgets and school funding needs, influence the tax rate. Homeowners in Effingham experience a median property tax bill of $2,210, which is slightly below the national median of $2,400. This indicates that while Effingham's property tax rate is competitive, the financial burden can still be significant for some homeowners. The 25th percentile tax bill is $1,337, while the 75th percentile reaches $3,238, highlighting the variability in tax obligations. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging local expertise and understanding of property tax laws, Ownwell ensures homeowners pay only their fair share, potentially reducing their tax bills and easing financial pressure.

Property Tax Bills Across Effingham, Shelby County, Illinois

Source: Ownwell

$1,295

$3,351

$5,407

Median Effingham Tax Bill

$2,210

Median Shelby County Tax Bill

$2,114

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Effingham, Shelby County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62401	$274	$1,337	$2,210	$3,238	$4,270

Source: Ownwell