Springerton, White County, Illinois Property Taxes

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

Median Springerton, IL effective property tax rate: 1.59%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Springerton, IL home value: $41,308. Median annual Springerton, IL tax bill: $506, $1,894 lower than the national median property tax bill of $2,400.

How are property taxes in White County calculated?

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

Last Updated March 1, 2025

Springerton, White County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.59%

Estimate Property Tax Bill

$657

$609

Ownwell’s Springerton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Springerton with just two data points. By entering your property's estimated assessed value, our calculator applies Springerton’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 Springerton, White County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting 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 Springerton, located in White County, Illinois, the effective property tax rate is notable. When comparing Springerton's rate to other cities in Illinois, it aligns with the state's median property tax rate, which stands at 1.59%. This is significantly higher than the national median property tax rate of 1.02%. The property tax rate in Springerton is particularly noteworthy as it is both the highest and lowest median tax rate in the area, highlighting a unique uniformity within the zip code 62887. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Springerton, 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 Springerton Tax Rate

1.59%

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 Springerton, White County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62887	0.53%	1.19%	1.59%	1.98%	1.98%

Source: Ownwell

Property Tax Assessment Values Across Springerton, White County, Illinois

When examining property taxes in Springerton, 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 White County Assessor's Office 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 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 Springerton.

For example, the median home price in Springerton is $41,308, with tax bills ranging significantly across the county. Zip code 62887 has the highest median home price at $41,308.

Property Tax Assessment Values Across Springerton, White County, Illinois

Source: Ownwell

$16,317

$37,758

$59,198

Median Springerton Market Value

$41,308

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 Springerton, White County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62887	$8,169	$23,453	$41,308	$56,557	$88,328

Source: Ownwell

Property Tax Bills Across Springerton, White County, Illinois

In Springerton, located in White County, IL, property tax bills are calculated 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 determine the tax bill. Homeowners in Springerton face varying tax bills, with the 25th percentile at $203 and the 75th percentile at $866, reflecting differences in property values and tax rates. The 90th percentile sees tax bills as high as $1,483. Compared to the national median property tax bill of $2,400, Springerton's figures are significantly lower, offering some relief to homeowners. However, even with lower tax bills, ensuring they are fair and accurate is crucial. This is where Ownwell can make a difference. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Our team reviews property assessments, identifies discrepancies, and navigates the appeal process, ensuring homeowners pay only their fair share.

Property Tax Bills Across Springerton, White County, Illinois

Source: Ownwell

$217

$630

$1,042

Median Springerton Tax Bill

$506

Median White County Tax Bill

$910

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Springerton, White County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62887	$97	$203	$506	$866	$1,483

Source: Ownwell