Strasburg, Shelby County, Illinois Property Taxes

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

Median Strasburg, IL effective property tax rate: 2.06%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Strasburg, IL home value: $114,618
Median annual Strasburg, IL tax bill: $2,242, $158 lower than the national median property tax bill of $2,400.

How are property taxes in Shelby calculated?

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

Last Updated March 1, 2025

Strasburg, Shelby County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.06%

Estimate Property Tax Bill

$2,361

$2,191

Ownwell’s Strasburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Strasburg with just two data points. By entering your property's estimated assessed value, our calculator applies Strasburg’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 Strasburg, Shelby County, Illinois

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this annual calculation forms the basis of the property tax system.

In Strasburg, located in Shelby County, Illinois, the effective property tax rate is a reflection of this process. Strasburg's rate aligns with the highest and lowest median tax rates in the state, both recorded at 2.06% in the 62465 zip code. This is notably higher than the national median property tax rate of 1.02%. For residents, this means that while they may benefit from well-funded local services, they also face higher property tax bills compared to the national median. Understanding these rates can help property owners in Strasburg make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Strasburg, 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 Strasburg Taxx Rate

2.06%

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 Strasburg, Shelby County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62465	1.51%	1.81%	2.06%	2.31%	2.60%

Source: Ownwell

Property Tax Assessment Values Across Strasburg, Shelby County, Illinois

When examining property taxes in Strasburg, 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 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 Strasburg. For example, the median home price in Strasburg is $114,618, with tax bills ranging significantly across the county. Zip code 62465 has the highest median home price at $114,618.

Property Tax Assessment Values Across Strasburg, Shelby County, Illinois

Source: Ownwell

$65,006

$147,534

$230,062

Median Strasburg Market Value

$114,618

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 Strasburg, Shelby County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62465	$27,365	$73,668	$114,618	$160,923	$236,717

Source: Ownwell

Property Tax Bills Across Strasburg, Shelby County, Illinois

In Strasburg, located in Shelby County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. This assessed value is a percentage of the market value of the property. Homeowners in Strasburg can expect a median property tax bill that aligns closely with the national median of $2,400, as the median tax bill in the area is approximately $2,242. Factors such as the local tax rate, which can vary, and any applicable exemptions or deductions, influence the final tax bill. Homeowners in the 25th percentile pay around $1,395, while those in the 75th percentile see bills closer to $3,642. For those at the 90th percentile, tax bills can reach $4,977. Ownwell assists homeowners by reviewing their property assessments to identify inaccuracies or overvaluations, potentially leading to significant savings. By appealing property tax assessments, Ownwell can help homeowners ensure they are not overpaying, providing financial relief and peace of mind.

Property Tax Bills Across Strasburg, Shelby County, Illinois

Source: Ownwell

$1,295

$3,351

$5,407

Median Strasburg Tax Bill

$2,242

Median Shelby County Tax Bill

$2,114

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Strasburg, Shelby County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62465	$680	$1,395	$2,242	$3,642	$4,977

Source: Ownwell