Emden, Tazewell County, Illinois Property Taxes

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

Median EMDEN, IL effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median EMDEN, IL home value: $106,710
Median annual EMDEN, IL tax bill: $2,602, $202 higher than the national median property tax bill of $2,400.

How are property taxes in Tazewell calculated?

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

Last Updated March 1, 2025

Emden, Tazewell County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.51%

Estimate Property Tax Bill

$2,678

$2,486

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

Property Tax Rates Across Emden, Tazewell County, Illinois

Local government entities determine tax rates, which can significantly differ within a state. The process involves each county estimating its necessary budget to provide essential services and dividing this by the total value of all taxable property within its jurisdiction. This calculation establishes the property tax rate. Though votes and laws play a role in setting tax rates and budgets, this is essentially the annual procedure.

In EMDEN, located in Tazewell County, IL, the effective property tax rate is considerably higher than the national median of 1.02%. This higher rate reflects the county's approach to meeting its budgetary needs. The median property tax rate in Illinois is also higher than the national median, indicating a statewide trend of elevated property tax rates. Comparing EMDEN’s tax rate with other cities in Illinois and the overall U.S. median provides valuable insights into local tax burdens. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Emden, Tazewell County, Illinois

Source: Ownwell

1.96%

2.38%

2.80%

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 Emden Tax Rate

2.51%

Median Effective Tazewell County Tax Rate

2.46%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Emden, Tazewell County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62635	1.98%	2.13%	2.51%	2.62%	2.92%

Source: Ownwell

Property Tax Assessment Values Across Emden, Tazewell County, Illinois

When examining property taxes in EMDEN, 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 Tazewell 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 Tazewell County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the spring season. 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 EMDEN. For example, the median home price in EMDEN is $106,710, with tax bills ranging significantly across the county. Zip code 62635 has the highest median home price at $106,710.

Property Tax Assessment Values Across Emden, Tazewell County, Illinois

Source: Ownwell

$67,290

$196,785

$326,280

Median Emden Market Value

$106,710

Median Tazewell County Market Value

$127,050

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Emden, Tazewell County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62635	$20,889	$97,268	$106,710	$153,368	$278,310

Source: Ownwell

Property Tax Bills Across Emden, Tazewell County, Illinois

In Emden, located in Tazewell County, Illinois, property tax bills are calculated based on the assessed value of a home, which is a fraction of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Emden face a median property tax bill of $2,602, which is slightly above the national median of $2,400. This figure can vary significantly, with the 25th percentile tax bill at $1,733 and the 75th percentile reaching $3,870, while the top 10% of tax bills can soar to $7,204. These variations are influenced by factors such as property location, size, and improvements. For homeowners burdened by high property taxes, Ownwell offers a solution by helping appeal property assessments and secure exemptions. By leveraging local expertise and a deep understanding of tax regulations, Ownwell can potentially reduce tax liabilities, ensuring homeowners pay only their fair share.

Property Tax Bills Across Emden, Tazewell County, Illinois

Source: Ownwell

$1,564

$4,524

$7,483

Median Emden Tax Bill

$2,602

Median Tazewell County Tax Bill

$3,118

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Emden, Tazewell County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62635	$523	$1,733	$2,602	$3,870	$7,204

Source: Ownwell