Radom, Washington County, Illinois Property Taxes

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

Median Radom, IL effective property tax rate: 2.90%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Radom, IL home value: $44,600
Median annual Radom, IL tax bill: $857, $1,543 lower than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

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

Last Updated March 1, 2025

Radom, Washington County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.9%

Estimate Property Tax Bill

$1,293

$1,200

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

Property Tax Rates Across Radom, Washington County, Illinois

Local government entities set tax rates, which can vary widely within a state. The reason for this variation is that 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.

In Radom, located in Washington County, Illinois, the effective property tax rate is a reflection of these calculations. Illinois, known for having higher property tax rates compared to the national average, sees Radom with a median tax rate of 2.90%. This is significantly higher than the national median property tax rate of 1.02%. Such a rate highlights the importance of understanding property tax implications for homeowners in Radom and throughout Illinois. By comparing Radom’s effective property tax rate to those in other cities within Illinois, as well as the median property tax rates in Illinois and the U.S., homeowners can better grasp their property tax responsibilities and explore potential savings through appeals and exemptions.

Property Tax Rates Across Radom, Washington County, Illinois

Source: Ownwell

1.63%

2.40%

3.17%

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 Radom Taxx Rate

2.90%

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 Radom, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62876	1.77%	2.20%	2.90%	2.90%	3.01%

Source: Ownwell

Property Tax Assessment Values Across Radom, Washington County, Illinois

When examining property taxes in Radom, 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 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 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 Radom. For example, the median home price in Radom is $44,600, with tax bills ranging significantly across the county. Zip code 62876 has the highest median home price at $44,600.

Property Tax Assessment Values Across Radom, Washington County, Illinois

Source: Ownwell

$22,533

$36,993

$51,452

Median Radom Market Value

$44,600

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 Radom, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62876	$5,170	$16,154	$44,600	$60,412	$81,732

Source: Ownwell

Property Tax Bills Across Radom, Washington County, Illinois

In Radom, Washington County, IL, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Radom, the median home price is $44,600, resulting in a median tax bill significantly lower than the national median of $2,400. Tax bills vary, with the 25th percentile at $357 and the 75th percentile at $1,728, indicating a range of property values and tax burdens in the area. Homeowners may face financial strain if their property taxes increase or if the assessed value of their home is inaccurately high. Ownwell can assist homeowners by reviewing their property assessments and identifying potential errors or opportunities for exemptions, potentially lowering their tax bills. By navigating the appeal process on behalf of homeowners, Ownwell helps ensure they pay only their fair share, offering peace of mind and potential savings.

Property Tax Bills Across Radom, Washington County, Illinois

Source: Ownwell

$294

$643

$991

Median Radom Tax Bill

$857

Median Washington County Tax Bill

$660

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Radom, Washington County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62876	$150	$357	$857	$1,728	$1,810

Source: Ownwell