Chadwick, Whiteside County, Illinois Property Taxes
Median Chadwick, IL effective property tax rate: 2.52%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Chadwick, IL home value: $131,822
Median annual Chadwick, IL tax bill: $3,069, $669 higher than the national median property tax bill of $2,400.
How are property taxes in Whiteside calculated?
Property taxes in Chadwick, 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 Chadwick’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chadwick, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chadwick, Whiteside County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.52%
Estimate Property Tax Bill
$3,322
$3,083
Property Tax Rates Across Chadwick, Whiteside County, Illinois
Local government entities set tax rates, which can vary widely within a state. 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 Chadwick’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Chadwick, located in Whiteside County, has a median property tax rate of 2.52%. This is significantly higher than the national median property tax rate of 1.02%. In fact, Chadwick’s rate is among the highest in Illinois, a state known for its relatively high property tax rates. The median property tax bill in Chadwick can be substantially higher than the national median bill of $2400, reflecting the area’s higher tax rate. Comparing Chadwick’s rate to both state and national figures highlights the importance of understanding local tax obligations and exploring potential avenues for 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 Chadwick Taxx Rate
2.52%
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 Whiteside County Taxx Rate
2.37%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Chadwick, Whiteside County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61014 | 1.83% | 2.30% | 2.52% | 2.68% | 2.97% |
Source: Ownwell
Property Tax Assessment Values Across Chadwick, Whiteside County, Illinois
When examining property taxes in Chadwick, 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 Whiteside 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 Whiteside 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 Chadwick.
For example, the median home price in Chadwick is $131,822, with tax bills ranging significantly across the county. Zip code 61014 has the highest median home price at $131,822.
Property Tax Assessment Values Across Chadwick, Whiteside County, Illinois
Source: Ownwell
$80,166
$105,994
$131,822
Median Chadwick Market Value
$131,822
Median Whiteside County Market Value
$92,852
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Chadwick, Whiteside County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61014 | $54,894 | $95,852 | $131,822 | $175,433 | $209,102 |
Source: Ownwell
Property Tax Bills Across Chadwick, Whiteside County, Illinois
In Chadwick, located in Whiteside County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, and local tax rates are set by various taxing authorities to fund public services. With a median home price of $131,822, the property tax bill can vary significantly. For instance, the 25th percentile tax bill is $2,067, while the 75th percentile reaches $4,476, and the 90th percentile hits $5,663. These figures highlight the impact of property taxes on homeowners, with bills often exceeding the national median of $2,400.
Ownwell assists homeowners by offering property tax appeal services, potentially reducing these burdensome bills. By analyzing property data and identifying discrepancies in assessments, Ownwell can help ensure homeowners are not overpaying. This service is crucial in areas like Chadwick, where tax bills can be substantial, providing a pathway to significant savings and financial relief.
Median Chadwick Tax Bill
$3,069
Median Whiteside County Tax Bill
$2,245
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Chadwick, Whiteside County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61014 | $1,178 | $2,067 | $3,069 | $4,476 | $5,663 |
Source: Ownwell