Coleta, Whiteside County, Illinois Property Taxes

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

Median Coleta, IL effective property tax rate: 1.88%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Coleta, IL home value: $80,877
Median annual Coleta, IL tax bill: $1,439, $961 lower than the national median property tax bill of $2,400.

How are property taxes in Whiteside County calculated?

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

Last Updated March 1, 2025

Coleta, Whiteside County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.88%

Estimate Property Tax Bill

$1,520

$1,411

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

Property Tax Rates Across Coleta, 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 Coleta’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Property Tax Rates Across Coleta, Whiteside County, Illinois

Source: Ownwell

1.83%

2.30%

2.76%

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 Coleta Tax Rate

1.88%

Median Effective Whiteside County Tax Rate

2.37%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Coleta, Whiteside County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61081	0.95%	1.51%	1.88%	2.31%	2.36%

Source: Ownwell

Property Tax Assessment Values Across Coleta, Whiteside County, Illinois

When examining property taxes in Coleta, 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 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 Coleta.

For example, the median home price in Coleta is $80,877, with tax bills ranging significantly across the county. 61081 has the highest median home price at $80,877.

Property Tax Assessment Values Across Coleta, Whiteside County, Illinois

Source: Ownwell

$80,166

$105,994

$131,822

Median Coleta Market Value

$80,877

Median Whiteside County Market Value

$92,852

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Coleta, Whiteside County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61081	$41,108	$60,178	$80,877	$101,348	$126,605

Source: Ownwell

Property Tax Bills Across Coleta, Whiteside County, Illinois

In Coleta, Whiteside County, IL, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to calculate the tax bill. Factors such as local government budgets, school funding needs, and public services influence the tax rate. The median home price in Coleta is $80,877, with tax bills ranging from $811 at the 25th percentile to $2,468 at the 90th percentile, showing a significant variance. The median property tax bill is $1,439, which is below the national median of $2,400, offering a relatively lower tax burden for homeowners compared to other regions. Ownwell assists homeowners by identifying potential discrepancies in property assessments and exploring exemption opportunities, which can lead to significant tax savings. By leveraging expert knowledge and local insights, Ownwell helps homeowners ensure they are not overpaying on their property taxes, providing peace of mind and financial relief.

Property Tax Bills Across Coleta, Whiteside County, Illinois

Source: Ownwell

$1,439

$2,254

$3,069

Median Coleta Tax Bill

$1,439

Median Whiteside County Tax Bill

$2,245

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Coleta, Whiteside County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61081	$526	$811	$1,439	$1,935	$2,468

Source: Ownwell