Johnsonville, Wayne County, Illinois Property Taxes
Median Johnsonville, IL effective property tax rate: 2.06%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Johnsonville, IL home value: $65,254
Median annual Johnsonville, IL tax bill: $1,617, $783 lower than the national median property tax bill of $2,400.
How are property taxes in Wayne County calculated?
Property taxes in Johnsonville, 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 Johnsonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Johnsonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Johnsonville, Wayne County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.06%
Estimate Property Tax Bill
$1,344
$1,247
Property Tax Rates Across Johnsonville, Wayne County, Illinois
Local government entities determine property tax rates, which can vary significantly within Illinois. The process involves each county estimating the budget needed for public services and dividing it by the total assessed value of all taxable property in the area. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this annual process is the core of how property taxes are calculated.
In Johnsonville, located in Wayne County, the effective property tax rate is a point of interest. Compared to other cities in Illinois, Johnsonville's rate is reflective of the state's approach to property taxation. With Illinois having a median property tax rate significantly higher than the national median of 1.02%, property owners in Johnsonville experience a tax rate that mirrors this trend. This comparison highlights the variance in property tax burdens across different regions and underscores the importance of understanding local tax rates when managing property expenses.
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 Johnsonville Tax Rate
2.06%
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 Wayne County Tax Rate
2.01%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Johnsonville, Wayne County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62850 | 1.02% | 1.79% | 2.06% | 2.27% | 2.90% |
Source: Ownwell
Property Tax Assessment Values Across Johnsonville, Wayne County, Illinois
When examining property taxes in JOHNSONVILLE, 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 Wayne 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 Wayne County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 JOHNSONVILLE.
For example, the median home price in JOHNSONVILLE is $65,254, with tax bills ranging significantly across the county. ZIP code 62850 has the highest median home price at $65,254.
Property Tax Assessment Values Across Johnsonville, Wayne County, Illinois
Source: Ownwell
$55,174
$78,362
$101,550
Median Johnsonville Market Value
$65,254
Median Wayne County Market Value
$66,714
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Johnsonville, Wayne County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62850 | $2,104 | $27,494 | $65,254 | $132,850 | $187,282 |
Source: Ownwell
Property Tax Bills Across Johnsonville, Wayne County, Illinois
Median Johnsonville Tax Bill
$1,617
Median Wayne County Tax Bill
$1,458
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Johnsonville, Wayne County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62850 | $442 | $610 | $1,617 | $3,058 | $5,441 |
Source: Ownwell