Jonesboro, Alexander County, Illinois Property Taxes

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

Median Jonesboro, IL effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Jonesboro, IL home value: $51,418
Median annual Jonesboro, IL tax bill: $704, $1,696 lower than the national median property tax bill of $2,400.

How are property taxes in Alexander County calculated?

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

Last Updated March 1, 2025

Jonesboro, Alexander County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$1,054

$978

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

Property Tax Rates Across Jonesboro, Alexander County, Illinois

Local government entities set tax rates, which can vary widely within a state. Annually, 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.

Jonesboro in Alexander County, IL, has an effective property tax rate of 2.05%. This is significantly higher than the national median property tax rate of 1.02%. When comparing property tax rates, Jonesboro's rate stands out not only within Illinois but also on a national scale. The higher rate reflects the county's budgeting needs and the total assessed property values.

Understanding these rates is crucial for property owners, as they directly impact annual property tax bills. While property taxes are essential for funding local services, being informed about how these rates are determined can help residents make better financial decisions.

Property Tax Rates Across Jonesboro, Alexander County, Illinois

Source: Ownwell

2.04%

3.92%

5.81%

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 Jonesboro Tax Rate

2.05%

Median Effective Alexander County Tax Rate

2.47%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jonesboro, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62952	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Jonesboro, Alexander County, Illinois

When examining property taxes in Jonesboro, 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 Alexander 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 Alexander 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 Jonesboro. For example, the median home price in Jonesboro is $51,418, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Jonesboro, Alexander County, Illinois

Source: Ownwell

$9,579

$32,363

$55,146

Median Jonesboro Market Value

$51,418

Median Alexander County Market Value

$44,430

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jonesboro, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62952	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Jonesboro, Alexander County, Illinois

In Jonesboro, located in Alexander County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is a percentage of the property's market value. Homeowners in Jonesboro face a median property tax bill that can vary significantly. For instance, those in the 25th percentile pay around $325, while those in the 75th percentile see bills close to $1,815. The 90th percentile reaches around $2,127. These figures are influenced by various factors, including the local tax rate and the assessed value of the property. Compared to the national median property tax rate of 1.02% and a median bill of $2,400, Jonesboro's figures suggest a range of tax burdens. Ownwell can assist homeowners in reducing their property tax bills by identifying potential discrepancies in assessments and filing appeals on behalf of homeowners. This service not only helps in lowering tax liabilities but also ensures that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Jonesboro, Alexander County, Illinois

Source: Ownwell

$457

$1,145

$1,833

Median Jonesboro Tax Bill

$704

Median Alexander County Tax Bill

$956

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Jonesboro, Alexander County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62952	N/A	N/A	N/A	N/A	N/A

Source: Ownwell