Davis, Winnebago County, Illinois Property Taxes

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

Median Davis, IL effective property tax rate: 2.41%, significantly higher than the national median of 1.02%, but slightly higher than the Illinois state median of 2.35%.
Median Davis, IL home value: $165,921
Median annual Davis, IL tax bill: $3,872, $1,472 higher than the national median property tax bill of $2,400.

How are property taxes in Winnebago calculated?

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

Last Updated March 1, 2025

Davis, Winnebago County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.41%

Estimate Property Tax Bill

$3,999

$3,711

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

Property Tax Rates Across Davis, Winnebago County, Illinois

Local government entities in Davis, located in county 17201, IL, are responsible for setting property tax rates, which can differ significantly across the state. Annually, each county estimates its budget needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While the process involves votes and legislation, this is the core annual procedure. Comparing Davis’s effective property tax rate to other cities in Illinois, it is noteworthy that the median property tax rate in Illinois is 2.41%, significantly higher than the national median of 1.02%. This positions Illinois as one of the higher property tax states in the nation. Homeowners in Davis may find their property tax bills considerably higher than the national median of $2400. Understanding these dynamics can help residents anticipate their financial obligations and explore potential property tax appeal or exemption services to alleviate their tax burden.

Property Tax Rates Across Davis, Winnebago County, Illinois

Source: Ownwell

2.30%

2.80%

3.30%

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 Davis Tax Rate

2.41%

Median Effective Winnebago County Tax Rate

2.78%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Davis, Winnebago County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61019	1.67%	2.21%	2.41%	2.72%	2.72%

Source: Ownwell

Property Tax Assessment Values Across Davis, Winnebago County, Illinois

When examining property taxes in Davis, 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 Winnebago 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.

Assessment notices are sent in the spring each year in Winnebago County. 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 Davis. For example, the median home price in Davis is $165,921, with tax bills ranging significantly across the county. Zip code 61019 has the highest median home price at $165,921.

Property Tax Assessment Values Across Davis, Winnebago County, Illinois

Source: Ownwell

$48,324

$139,401

$230,478

Median Davis Market Value

$165,921

Median Winnebago County Market Value

$119,208

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Davis, Winnebago County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61019	$109,857	$135,996	$165,921	$211,728	$268,268

Source: Ownwell

Property Tax Bills Across Davis, Winnebago County, Illinois

In Davis, located in Winnebago County, IL, property tax bills are calculated based on the assessed value of a home, which typically represents a percentage of its market value. Local tax authorities determine this assessed value and apply the local tax rate to compute the tax bill. For homeowners in Davis, the median home price stands at $165,921, with tax bills varying significantly. While the national median property tax rate is 1.02%, Davis residents often face higher tax bills, with the 25th percentile at $2,848 and the 75th percentile reaching $5,173. This discrepancy can significantly impact homeowners, making property taxes a substantial financial consideration. Ownwell offers a solution by providing expert property tax appeal and exemption services. By leveraging local expertise and a deep understanding of the tax code, Ownwell can help homeowners in Davis potentially reduce their tax liabilities. This can lead to significant savings, easing the financial burden and ensuring that homeowners pay only their fair share.

Property Tax Bills Across Davis, Winnebago County, Illinois

Source: Ownwell

$1,249

$4,034

$6,818

Median Davis Tax Bill

$3,872

Median Winnebago County Tax Bill

$3,116

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Davis, Winnebago County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61019	$2,126	$2,848	$3,872	$5,173	$6,820

Source: Ownwell