Stephenson County, Illinois Property Taxes

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

Median Stephenson County effective property tax rate: 3.21%, significantly higher than the national median of 1.02%. Median Stephenson County home value: $60,276. Median annual Stephenson County tax bill: $1,883, $517 lower than the national median property tax bill of $2,400.

How are property taxes in Stephenson County calculated?

Property taxes in Stephenson County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Freeport or another part of Stephenson County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Stephenson County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.21%

Estimate Property Tax Bill

$1,935

$1,795

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

Property Tax Rates Across Stephenson County, Illinois

Local government entities determine tax rates, and these can differ significantly within a state. Each year, counties estimate the budget needed for services and divide it by the total value of taxable property in their area, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. You can compare Stephenson County's effective property tax rate to other counties in Illinois or the U.S. median property tax rate.

Property Tax Rates Across Stephenson County, Illinois

Source: Ownwell

2.57%

3.02%

3.48%

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 Stephenson County Tax Rate

3.21%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Stephenson County, Illinois

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Dakota	2.74%	3.37%	3.48%	3.49%	3.69%
Davis	2.31%	2.46%	2.75%	3.21%	3.23%
Freeport	1.91%	2.52%	3.32%	4.14%	4.14%
Lena	2.12%	2.46%	2.65%	3.20%	3.20%
Orangeville	2.29%	2.51%	3.25%	3.66%	3.82%
Pearl City	1.98%	2.32%	2.57%	2.97%	3.21%
Baileyville	N/A	N/A	N/A	N/A	N/A
Cedarville	N/A	N/A	N/A	N/A	N/A
German Valley	N/A	N/A	N/A	N/A	N/A
Kent	N/A	N/A	N/A	N/A	N/A
Leaf River	N/A	N/A	N/A	N/A	N/A
Mc Connell	N/A	N/A	N/A	N/A	N/A
Pecatonica	N/A	N/A	N/A	N/A	N/A
Ridott	N/A	N/A	N/A	N/A	N/A
Rock City	N/A	N/A	N/A	N/A	N/A
Shannon	N/A	N/A	N/A	N/A	N/A
Winslow	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Stephenson County, Illinois

When examining property taxes in Stephenson County, 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 Stephenson County Assessor's Office 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 Stephenson 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 Stephenson County. For example, the median tax bill in Stephenson County is $2,400, with tax bills ranging significantly across the county. Lena has the highest median home price at $151,449.

Property Tax Assessment Values Across Stephenson County, Illinois

Source: Ownwell

$51,878

$101,664

$151,449

Median Stephenson County Market Value

$60,276

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Stephenson County, Illinois

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Dakota	$20,436	$58,748	$78,687	$110,958	$165,255
Davis	$44,961	$62,848	$86,078	$132,008	$194,700
Freeport	$21,886	$33,200	$51,878	$104,248	$147,905
Lena	$66,812	$121,080	$151,449	$174,501	$201,970
Orangeville	$57,330	$77,316	$93,480	$119,378	$169,980
Pearl City	$45,750	$69,375	$92,499	$128,313	$225,903
Baileyville	N/A	N/A	N/A	N/A	N/A
Cedarville	N/A	N/A	N/A	N/A	N/A
German Valley	N/A	N/A	N/A	N/A	N/A
Kent	N/A	N/A	N/A	N/A	N/A
Leaf River	N/A	N/A	N/A	N/A	N/A
Mc Connell	N/A	N/A	N/A	N/A	N/A
Pecatonica	N/A	N/A	N/A	N/A	N/A
Ridott	N/A	N/A	N/A	N/A	N/A
Rock City	N/A	N/A	N/A	N/A	N/A
Shannon	N/A	N/A	N/A	N/A	N/A
Winslow	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Stephenson County, Illinois

In Stephenson County, IL, property tax bills are calculated based on the assessed value of a property, which is typically a percentage of its market value. Local taxing authorities apply a tax rate to this assessed value to determine the tax bill. The median home price in Stephenson County is $60,276, and the property tax rate is influenced by various factors, including local government budgets and public service funding needs. As a result, homeowners in this county may experience varying tax bills. For instance, the 25th percentile tax bill is $1,028, while the 75th percentile tax bill is $3,373, and the 90th percentile reaches $5,044. In Lena, the highest median tax bill is $4,016, significantly above the national median property tax bill of $2,400, while Freeport has the lowest median tax bill at $1,662. Understanding these factors is crucial for homeowners, as property taxes can significantly impact household budgets and influence decisions about buying or selling property in the area.

Property Tax Bills Across Stephenson County, Illinois

Source: Ownwell

$1,662

$2,839

$4,016

Median Stephenson County Tax Bill

$1,883

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Stephenson County, Illinois

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Dakota	$665	$1,757	$2,740	$3,999	$6,091
Davis	$1,247	$1,827	$2,392	$3,107	$4,961
Freeport	$552	$972	$1,662	$3,108	$4,814
Lena	$2,013	$2,736	$4,016	$4,749	$5,428
Orangeville	$2,140	$2,240	$2,797	$3,448	$4,819
Pearl City	$1,470	$1,778	$2,279	$3,453	$5,247
Baileyville	N/A	N/A	N/A	N/A	N/A
Cedarville	N/A	N/A	N/A	N/A	N/A
German Valley	N/A	N/A	N/A	N/A	N/A
Kent	N/A	N/A	N/A	N/A	N/A
Leaf River	N/A	N/A	N/A	N/A	N/A
Mc Connell	N/A	N/A	N/A	N/A	N/A
Pecatonica	N/A	N/A	N/A	N/A	N/A
Ridott	N/A	N/A	N/A	N/A	N/A
Rock City	N/A	N/A	N/A	N/A	N/A
Shannon	N/A	N/A	N/A	N/A	N/A
Winslow	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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