Rock Falls, Whiteside County, Illinois Property Taxes
Median Rock Falls, IL effective property tax rate: 2.76%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Rock Falls, IL home value: $81,042
Median annual Rock Falls, IL tax bill: $2,267, $133 lower than the national median property tax bill of $2,400.
How are property taxes in Whiteside County calculated?
Property taxes in Rock Falls, 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 Rock Falls’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rock Falls, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rock Falls, Whiteside County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.76%
Estimate Property Tax Bill
$2,237
$2,076
Property Tax Rates Across Rock Falls, 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 Rock Falls' effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
In Rock Falls, located in Whiteside County, property owners encounter a median tax rate of 2.76%. This is significantly higher than the national median property tax rate of 1.02%. The property tax rate in Rock Falls is not only the highest in Whiteside County but also aligns with the county's lowest rate, emphasizing a uniformity in tax rates within the area. When compared to the national median property tax bill of $2400, property owners in Rock Falls may find themselves facing higher tax bills due to the elevated tax rate, highlighting the importance of exploring potential tax appeals or exemptions to mitigate costs.
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 Rock Falls Taxx Rate
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 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 Rock Falls, Whiteside County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61071 | 1.68% | 2.32% | 2.76% | 3.16% | 3.85% |
Source: Ownwell
Property Tax Assessment Values Across Rock Falls, Whiteside County, Illinois
When examining property taxes in Rock Falls, 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 Whiteside 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 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 Rock Falls. For example, the median home price in Rock Falls is $81,042, with tax bills ranging significantly across the county. Zip code 61071 has the highest median home price at $81,042.
Property Tax Assessment Values Across Rock Falls, Whiteside County, Illinois
Source: Ownwell
$80,166
$105,994
$131,822
Median Rock Falls Market Value
$81,042
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 Rock Falls, Whiteside County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61071 | $41,823 | $60,252 | $81,042 | $117,729 | $164,517 |
Source: Ownwell
Property Tax Bills Across Rock Falls, Whiteside County, Illinois
In Rock Falls, located in Whiteside County, IL, property tax bills are determined by assessing the property's market value and applying the local tax rate. The assessed value is a percentage of the market value, and the tax rate is set by local taxing authorities. Homeowners in Rock Falls face a median property tax bill of $2,267, which is slightly below the national median of $2,400. However, the tax bill can vary, with the 25th percentile at $1,490 and the 75th percentile reaching $3,237, highlighting the variability based on property value and location within the city.
High property taxes can significantly impact homeowners' finances, making it crucial to ensure that assessments are accurate. Ownwell offers a solution by providing expert property tax appeal and exemption services, helping homeowners potentially reduce their tax liabilities. By analyzing property assessments and identifying discrepancies, Ownwell assists in lowering property tax bills and alleviating financial burdens, ensuring homeowners only pay what is fair and just.
Median Rock Falls Tax Bill
$2,267
Median Whiteside County Tax Bill
$2,245
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Rock Falls, Whiteside County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61071 | $837 | $1,490 | $2,267 | $3,237 | $4,598 |
Source: Ownwell