Grayville, White County, Illinois Property Taxes

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

Median Grayville, IL effective property tax rate: 2.18%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Grayville, IL home value: $45,477
Median annual Grayville, IL tax bill: $916, $1,484 lower than the national median property tax bill of $2,400.

How are property taxes in White County calculated?

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

Last Updated March 1, 2025

Grayville, White County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$991

$920

Ownwell’s Grayville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grayville with just two data points.

By entering your property's estimated assessed value, our calculator applies Grayville’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 White County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grayville, White 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.

Below, you can compare Grayville’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Grayville, located in White County, has a property tax rate that stands out in Illinois. This rate is notably higher than the national median, which reflects how property taxes can vary significantly even within the same state. The county's approach to budgeting and tax rate determination plays a crucial role in these differences. It's essential to understand how these rates are set, as they directly impact property owners. By staying informed, property owners can better navigate their tax responsibilities and potentially seek appeals or exemptions where applicable.

Property Tax Rates Across Grayville, White County, Illinois

Source: Ownwell

1.59%

1.94%

2.28%

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 Grayville Tax Rate

2.18%

Median Effective White County Tax Rate

1.88%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grayville, White County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62844	0.86%	1.59%	2.18%	3.30%	3.30%

Source: Ownwell

Property Tax Assessment Values Across Grayville, White County, Illinois

When examining property taxes in Grayville, 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 White 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 White 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 Grayville.

For example, the median home price in Grayville is $45,477, with tax bills ranging significantly across the county. Zip code 62844 has the highest median home price at $45,477.

Property Tax Assessment Values Across Grayville, White County, Illinois

Source: Ownwell

$16,317

$37,758

$59,198

Median Grayville Market Value

$45,477

Median White County Market Value

$52,311

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grayville, White County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62844	$13,140	$26,544	$45,477	$64,524	$97,977

Source: Ownwell

Property Tax Bills Across Grayville, White County, Illinois

In Grayville, located in White County, IL, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Grayville is $45,477, and the tax bill varies significantly across different percentiles. For instance, homeowners in the 25th percentile pay approximately $461, while those in the 75th percentile see bills around $1,447. The 90th percentile tax bill is notably higher at $2,237. These figures highlight how property taxes can impact homeowners differently, depending on their property's assessed value and applicable exemptions. The median property tax bill in Grayville stands at $916, which is below the national median of $2,400, offering some relief to local homeowners. However, even with lower bills, the burden can still be significant for many. Here, Ownwell can assist by evaluating property assessments for potential errors, identifying eligible exemptions, and appealing over-assessed values, ultimately helping homeowners reduce their tax burden and save money.

Property Tax Bills Across Grayville, White County, Illinois

Source: Ownwell

$217

$630

$1,042

Median Grayville Tax Bill

$916

Median White County Tax Bill

$910

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Grayville, White County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62844	$212	$461	$916	$1,447	$2,237

Source: Ownwell