Washington County Property Taxes
The median property tax rate in Washington County is 2.25%, which is significantly higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Washington County, the typical annual property tax bill reaches $660, which is considerably lower than the national median of $2,690. Property taxes in Washington County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Washington County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Nashville or another part of Washington County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Washington County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.25%
Estimate Property Tax Bill
$863
$801
Ownwell’s Washington County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Washington County using just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Washington County to provide an accurate property tax bill estimate. This tool offers valuable insight into your potential tax liabilities, helping you make informed decisions. For more localized trends and information, scroll down to explore data at the city level. Remember, your property’s assessed value is determined by the county and includes any applicable exemptions, ensuring a precise calculation of your property taxes.
Property Tax Rates Across Washington County, Illinois
Property taxes in Washington County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Washington County is 2.25%, which is higher than the U.S. national median of 0.99%. Local government entities within Washington County set these rates annually, and they can vary significantly between different areas within the county. Each year, Washington County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Venedey has one of the higher property tax rates in Illinois at 4.29%, while the city of Addieville boasts one of the lowest at 1.63%. Analyzing how Washington County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Washington County Tax Rate
2.25%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washington County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Addieville | 0.58% | 1.03% | 1.63% | 2.22% | 2.60% |
Ashley | 1.21% | 1.72% | 2.42% | 2.90% | 2.90% |
Centralia | 1.24% | 1.96% | 2.14% | 3.37% | 3.81% |
Coulterville | 0.26% | 1.12% | 2.03% | 2.46% | 2.77% |
Du Bois | 1.08% | 1.84% | 2.80% | 2.80% | 2.80% |
Hoyleton | 1.23% | 1.55% | 2.65% | 2.65% | 2.92% |
Irvington | 0.49% | 1.67% | 3.17% | 3.17% | 3.17% |
Lenzburg | 2.68% | 2.68% | 2.68% | 2.68% | 2.68% |
Marissa | 0.76% | 1.26% | 2.19% | 2.94% | 2.95% |
Nashville | 1.29% | 1.78% | 2.64% | 2.97% | 3.05% |
Oakdale | 0.89% | 1.39% | 1.83% | 2.49% | 2.70% |
Okawville | 0.76% | 1.42% | 2.37% | 2.53% | 2.60% |
Radom | 1.77% | 2.20% | 2.90% | 2.90% | 3.01% |
Richview | 0.83% | 1.55% | 2.11% | 3.06% | 3.06% |
Venedy | 4.29% | 4.29% | 4.29% | 4.29% | 4.29% |
Source: Ownwell
Property Tax Assessment Values Across Washington County, Illinois
In Washington County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Washington County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Washington County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Washington County homeowners face a wide range of tax bills, with Lenzburg having the highest median tax bill at $4,044 and Irvington the lowest at $294. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Washington County, Illinois
Source: Ownwell
$22,533
$86,663
$150,792
Average Washington County Assessed Value
$38,358
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washington County, Illinois
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Addieville | $8,161 | $19,843 | $51,452 | $71,371 | $95,687 |
Ashley | $6,505 | $19,342 | $39,327 | $65,412 | $84,408 |
Centralia | $8,175 | $15,951 | $41,451 | $56,559 | $73,614 |
Coulterville | $7,732 | $23,823 | $41,910 | $86,871 | $125,060 |
Du Bois | $1,830 | $6,756 | $24,309 | $45,204 | $76,379 |
Hoyleton | $2,681 | $6,357 | $30,351 | $55,743 | $79,046 |
Irvington | $6,260 | $8,988 | $22,533 | $42,836 | $69,366 |
Lenzburg | $150,792 | $150,792 | $150,792 | $150,792 | $150,792 |
Marissa | $2,258 | $14,594 | $31,754 | $68,096 | $105,598 |
Nashville | $4,466 | $12,097 | $44,656 | $66,280 | $90,711 |
Oakdale | $4,773 | $21,084 | $50,430 | $70,320 | $85,170 |
Okawville | $5,110 | $11,344 | $36,174 | $61,668 | $79,706 |
Radom | $5,170 | $16,154 | $44,600 | $60,412 | $81,732 |
Richview | $6,239 | $15,872 | $38,266 | $58,762 | $74,897 |
Venedy | $57,204 | $57,204 | $57,204 | $57,204 | $57,204 |
Source: Ownwell
Property Tax Bills Across Washington County, Illinois
Property tax bills in Washington County, IL, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The county's median home price stands at $38,358. Various factors, such as property location, improvements, and market conditions, influence the assessed value. The tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Washington County experience a wide range of tax bills. For instance, the tax bill at the 25th percentile is $229, while at the 75th percentile, it rises to $1,252. The 90th percentile tax bill can reach up to $1,893. Interestingly, Lenzburg has the highest median tax bill at $4,044, whereas Irvington has the lowest at $294. Comparatively, the national median property tax rate is 0.99%, making Washington County's property taxes relatively moderate. These taxes fund essential local services such as schools, infrastructure, and emergency services, directly impacting the quality of life for residents.
Average Washington County Tax Bill
$660
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Washington County, Illinois
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Addieville | $128 | $254 | $665 | $1,228 | $1,838 |
Ashley | $128 | $302 | $753 | $1,252 | $1,755 |
Centralia | $199 | $540 | $991 | $1,297 | $1,584 |
Coulterville | $84 | $278 | $468 | $1,856 | $2,675 |
Du Bois | $45 | $137 | $423 | $994 | $1,514 |
Hoyleton | $70 | $155 | $601 | $1,086 | $1,416 |
Irvington | $146 | $193 | $294 | $833 | $1,347 |
Lenzburg | $4,044 | $4,044 | $4,044 | $4,044 | $4,044 |
Marissa | $65 | $145 | $401 | $1,164 | $4,043 |
Nashville | $159 | $326 | $830 | $1,378 | $2,198 |
Oakdale | $108 | $226 | $721 | $1,254 | $1,706 |
Okawville | $107 | $180 | $442 | $1,053 | $1,641 |
Radom | $150 | $357 | $857 | $1,728 | $1,810 |
Richview | $68 | $242 | $622 | $1,226 | $1,419 |
Venedy | $2,452 | $2,452 | $2,452 | $2,452 | $2,452 |
Source: Ownwell