Ashley, Washington County, Illinois Property Taxes
Median ASHLEY, IL effective property tax rate: 2.42%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median ASHLEY, IL home value: $39,327
Median annual ASHLEY, IL tax bill: $753, $1,647 lower than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in ASHLEY, 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 ASHLEY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ASHLEY, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ashley, Washington County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.42%
Estimate Property Tax Bill
$952
$883
Property Tax Rates Across Ashley, Washington County, Illinois
Local government entities determine property tax rates, which can differ significantly within a state. The process involves each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its borders. This calculation yields the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is essentially the annual procedure.
In Ashley, located in Washington County, Illinois, the effective property tax rate is notably high. The median property tax rate here is 2.42%, which is significantly above the national median of 1.02%. This means homeowners in Ashley face a higher tax burden compared to many other parts of the country. When you consider that the national median property tax bill is $2,400, it's clear that Ashley residents may be paying considerably more.
Understanding these rates is crucial for homeowners looking to manage their expenses effectively. By comparing Ashley’s effective property tax rate to other cities in Illinois and the national average, residents can gain valuable insights into their financial commitments and explore potential avenues for property tax appeals or exemptions.
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 Ashley Taxx Rate
2.42%
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 Washington County Taxx Rate
2.25%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Ashley, Washington County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62808 | 1.21% | 1.72% | 2.42% | 2.90% | 2.90% |
Source: Ownwell
Property Tax Assessment Values Across Ashley, Washington County, Illinois
When examining property taxes in Ashley, 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 Washington 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 Washington County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Ashley. For example, the median home price in Ashley is $39,327, with tax bills ranging significantly across the county. Zip code 62808 has the highest median home price at $39,327.
Property Tax Assessment Values Across Ashley, Washington County, Illinois
Source: Ownwell
$22,533
$36,993
$51,452
Median Ashley Market Value
$39,327
Median Washington County Market Value
$38,358
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Ashley, Washington County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62808 | $6,505 | $19,342 | $39,327 | $65,412 | $84,408 |
Source: Ownwell
Property Tax Bills Across Ashley, Washington County, Illinois
Median Ashley Tax Bill
$753
Median Washington County Tax Bill
$660
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Ashley, Washington County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62808 | $128 | $302 | $753 | $1,252 | $1,755 |
Source: Ownwell