Ogden, Vermilion County, Illinois Property Taxes
Median Ogden, IL effective property tax rate: 2.35%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Ogden, IL home value: $97,713
Median annual Ogden, IL tax bill: $2,204, $196 lower than the national median property tax bill of $2,400.
How are property taxes in Vermilion calculated?
Property taxes in Ogden, 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 Ogden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ogden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ogden, Vermilion County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.35%
Estimate Property Tax Bill
$2,296
$2,131
Property Tax Rates Across Ogden, Vermilion County, Illinois
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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.
Ogden in Vermilion County, Illinois, offers a unique perspective on property tax rates. The effective property tax rate here is notably higher than the national median, reflecting the local government's budgetary needs and the value of taxable properties. This rate is consistent across the county, making it a significant factor for property owners to consider.
Comparing Ogden’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. provides valuable insights. Understanding these differences can be crucial for homeowners and potential buyers, offering a clearer picture of the financial landscape in Ogden.
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 Ogden Tax Rate
2.35%
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 Vermilion County Tax Rate
2.53%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ogden, Vermilion County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61859 | 1.93% | 2.17% | 2.35% | 2.65% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Ogden, Vermilion County, Illinois
When examining property taxes in Ogden, 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 Vermilion 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.
Assessment notices: In Vermilion 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 Ogden.
For example, the median home price in Ogden is $97,713, with tax bills ranging significantly across the county. Zip code 61859 has the highest median home price at $97,713.
Property Tax Assessment Values Across Ogden, Vermilion County, Illinois
Source: Ownwell
$28,646
$72,481
$116,316
Median Ogden Market Value
$97,713
Median Vermilion County Market Value
$59,223
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ogden, Vermilion County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61859 | $60,492 | $83,347 | $97,713 | $201,928 | $256,770 |
Source: Ownwell
Property Tax Bills Across Ogden, Vermilion County, Illinois
Median Ogden Tax Bill
$2,204
Median Vermilion County Tax Bill
$1,325
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Ogden, Vermilion County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61859 | $870 | $1,803 | $2,204 | $4,883 | $6,561 |
Source: Ownwell