Bond County, Illinois Property Taxes
Property Taxes in Bond County, Illinois
Median Bond County effective property tax rate: 2.38%, significantly higher than the national median of 1.02%.
Median Bond County home value: $46,862
Median annual Bond County tax bill: $1,042, lower than the national median property tax bill of $2,400.
How are property taxes in Bond County calculated?
Property taxes in Bond County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Bond or another part of Bond County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bond County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.38%
Estimate Property Tax Bill
$1,115
$1,035
How Does the Bond County Property Tax Calculator Work?
Use this Bond County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bond County's median effective tax rate of 2.38% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Bond County's median tax rate is higher than the Illinois median tax rate of 2.33%, while the county's median tax bill of $1,042 is lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Bond County.
Property Tax Rates Across Bond County, Illinois
What Are Effective Property Tax Rates Across Bond County?
Local government entities set tax rates, which vary widely across Bond County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Bond County's effective property tax rate to other counties in Illinois or the U.S. median of 1.02%.
Bond County's median effective rate stands at 2.38%, which is higher than the national median of 1.02%. Within Bond County, the highest rate is found in Panama at 2.48%, while New Douglas has the lowest at 1.81%.
These variations reflect differences in local school district levies, Special service areas (SSAs) assessments, and special district bonds — which compound the base county rate.
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 Bond County Tax Rate
2.38%
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 Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bond County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Donnellson | 1.55% | 1.84% | 2.24% | 2.36% | 2.42% |
| Greenville | 1.80% | 2.23% | 2.44% | 2.90% | 2.90% |
| Keyesport | 1.31% | 1.75% | 2.20% | 2.20% | 2.35% |
| Mulberry Grove | 1.06% | 1.93% | 2.35% | 2.63% | 2.63% |
| New Douglas | 1.34% | 1.78% | 1.81% | 2.23% | 2.37% |
| Panama | 0.70% | 1.26% | 2.48% | 2.48% | 2.48% |
| Pierron | 1.25% | 1.79% | 2.29% | 2.29% | 2.29% |
| Pocahontas | 1.28% | 1.85% | 2.42% | 2.61% | 2.88% |
| Smithboro | 1.46% | 2.01% | 2.36% | 2.50% | 2.55% |
| Sorento | 0.57% | 1.80% | 2.37% | 3.05% | 3.05% |
| Carlyle | N/A | N/A | N/A | N/A | N/A |
| Coffeen | N/A | N/A | N/A | N/A | N/A |
| Highland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Bond County, Illinois
When examining property taxes in Bond County, 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 Bond County assessment 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.
Assessment notices:
In Bond 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 Bond County.
For example, the median tax bill in Bond County is $1,042, with tax bills ranging significantly across the county. Donnellson has the highest median home price at $99,565.
Median Bond County Market Value
$46,862
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bond County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Donnellson | $16,544 | $32,760 | $99,565 | $135,185 | $187,856 |
| Greenville | $9,447 | $28,301 | $65,018 | $136,690 | $248,811 |
| Keyesport | $5,342 | $11,044 | $32,685 | $72,431 | $117,108 |
| Mulberry Grove | $3,404 | $7,784 | $21,256 | $67,886 | $126,101 |
| New Douglas | $18,064 | $59,422 | $87,964 | $102,528 | $113,889 |
| Panama | $3,092 | $9,326 | $33,224 | $64,282 | $100,483 |
| Pierron | $8,765 | $22,003 | $34,610 | $83,590 | $150,231 |
| Pocahontas | $6,628 | $18,206 | $51,384 | $96,868 | $174,922 |
| Smithboro | $3,351 | $9,571 | $34,073 | $91,823 | $169,801 |
| Sorento | $2,153 | $10,051 | $30,865 | $77,093 | $138,066 |
| Carlyle | N/A | N/A | N/A | N/A | N/A |
| Coffeen | N/A | N/A | N/A | N/A | N/A |
| Highland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Bond County, Illinois
Property tax bills in Bond County are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, which means two homes with similar market values can still receive different bills if their assessments differ. For homeowners, the final bill reflects both the property’s value and the mix of local services funded by property taxes.
The county’s median home price is $46,862, and tax bills vary widely across households. The 25th percentile tax bill is $352, while the 75th percentile is $2,168 and the 90th percentile reaches $4,545. That spread shows how assessment levels and local tax rates can create very different outcomes for homeowners.
Across Bond County, the median tax bill is $1,753.00 in Donnellson and $405.00 in Mulberry Grove, highlighting how location within the county can affect what homeowners pay each year.
Median Bond County Tax Bill
$1,042
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Bond County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Donnellson | $391 | $750 | $1,753 | $2,679 | $4,112 |
| Greenville | $314 | $755 | $1,448 | $3,269 | $6,176 |
| Keyesport | $113 | $208 | $445 | $1,209 | $2,033 |
| Mulberry Grove | $67 | $132 | $405 | $1,299 | $2,720 |
| New Douglas | $249 | $798 | $1,655 | $1,874 | $2,125 |
| Panama | $77 | $189 | $411 | $696 | $2,145 |
| Pierron | $201 | $504 | $753 | $1,193 | $2,970 |
| Pocahontas | $165 | $403 | $925 | $1,783 | $3,684 |
| Smithboro | $77 | $218 | $657 | $1,513 | $4,435 |
| Sorento | $71 | $161 | $424 | $1,420 | $2,702 |
| Carlyle | N/A | N/A | N/A | N/A | N/A |
| Coffeen | N/A | N/A | N/A | N/A | N/A |
| Highland | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Bond Tax Assessor | |
| Website | bondil.devnetwedge.com |