Tampico, Whiteside County, Illinois Property Taxes

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

Median Tampico, IL effective property tax rate: 2.08%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Tampico, IL home value: $84,609
Median annual Tampico, IL tax bill: $1,586, $814 lower than the national median property tax bill of $2,400.

How are property taxes in Whiteside calculated?

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

Last Updated March 1, 2025

Tampico, Whiteside County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.08%

Estimate Property Tax Bill

$1,760

$1,633

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

By entering your property's estimated assessed value, our calculator applies Tampico’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 Tampico, Whiteside County, Illinois

Local government entities are responsible for setting tax rates, which can significantly differ within a state. Each county annually estimates the budget needed to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although the process involves votes and laws, this is essentially how it works each year.

For instance, in Tampico, located in Whiteside County, Illinois, the effective property tax rate is 2.08%, which is considerably higher than the national median of 1.02%. This rate is reflective of the county's budgetary needs and the value of taxable property. When compared to other regions, Tampico's rate highlights the variation in property tax burdens across different areas. While some areas in Illinois may have lower rates, Tampico's rate is among the highest in the state, emphasizing the importance of understanding local tax obligations. Knowing these rates can help property owners anticipate their tax liabilities and explore potential appeals or exemptions to manage their financial responsibilities effectively.

Property Tax Rates Across Tampico, 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 Tampico Taxx Rate

2.08%

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 Tampico, Whiteside County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61283	1.24%	1.75%	2.08%	2.36%	2.68%

Source: Ownwell

Property Tax Assessment Values Across Tampico, Whiteside County, Illinois

When examining property taxes in Tampico, 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 Tampico. For example, the median home price in Tampico is $84,609, with tax bills ranging significantly across the county. Zip code 61283 has the highest median home price at $84,609.

Property Tax Assessment Values Across Tampico, Whiteside County, Illinois

Source: Ownwell

$80,166

$105,994

$131,822

Median Tampico Market Value

$84,609

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 Tampico, Whiteside County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61283	$28,762	$58,059	$84,609	$110,733	$135,565

Source: Ownwell

Property Tax Bills Across Tampico, Whiteside County, Illinois

In Tampico, located in Whiteside County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $84,609. Property tax rates are determined by local taxing authorities and are applied to the assessed value to calculate the tax bill. With a median tax bill of $1,586, homeowners in Tampico pay below the national median property tax bill of $2,400. Tax bills can vary significantly, with the 25th percentile at $1,034 and the 90th percentile reaching $2,947, illustrating how property value and local tax rates influence the amount owed. Homeowners may face financial strain if their tax bills are high relative to their income or home value. Ownwell offers property tax appeal and exemption services to help homeowners in Tampico potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in appealing over-assessed values, ensuring homeowners pay only their fair share.

Property Tax Bills Across Tampico, Whiteside County, Illinois

Source: Ownwell

$1,439

$2,254

$3,069

Median Tampico Tax Bill

$1,586

Median Whiteside County Tax Bill

$2,245

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Tampico, Whiteside County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61283	$556	$1,034	$1,586	$2,286	$2,947

Source: Ownwell