Highland, Bond County, Illinois Property Taxes
Property Taxes in Highland, Illinois
Median Highland, Illinois effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Highland, Illinois home value: $135,980
Median annual Highland, Illinois tax bill: $2,596, $196 higher than the national median property tax bill of $2,400.
How are property taxes in Bond calculated?
Property taxes in Highland, Illinois 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 Highland's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Highland, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Highland, Bond County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.9%
Estimate Property Tax Bill
$2,584
$2,398
How Does the Highland Property Tax Calculator Work?
Use this Highland property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Highland's median effective tax rate of 1.90% — based on actual property records in Bond County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Highland's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Highland's property tax rate is higher than the Illinois median tax rate of 2.33%, and the median property tax bill is $2,596, which is $196 higher than the national median bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Highland.
About Highland Property Taxes
About Property Taxes in Highland, Bond, Illinois
Highland’s median effective property tax rate of 1.90% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Bond County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Highland. Homeowners in different parts of the city can face different tax burdens because school district boundaries and local assessment districts are drawn across Bond County. Understanding which part of Highland you live in can make a meaningful difference to your annual tax bill.
Highland homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Highland, Bond County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Highland's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
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 Highland Tax Rate
1.90%
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%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Highland, Bond County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62249 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Highland, Bond County, Illinois
When examining property taxes in Highland, 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 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 the month when notices are sent.
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 Highland.
For example, the median home price in Highland is $135,980, with tax bills ranging significantly across the county. The median tax bill is $2,596, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Highland, Bond County, Illinois
Source: Ownwell
$21,256
$60,411
$99,565
Median Highland Market Value
$135,980
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 Highland, Bond County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62249 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Highland, Bond County, Illinois
How are property tax bills calculated in Highland?
Property tax bills in Highland are based on the assessed value of a home, not its market listing price. Local taxing authorities apply the property tax rate to that assessed value, which means a higher assessment can lead to a larger bill. The amount homeowners pay is shaped by factors such as the home’s value, local tax rates, and any exemptions or appeals that may reduce the taxable amount.
What does this mean for homeowners in Highland?
With a median home price of $135,980, property taxes can still represent a meaningful annual expense. The 25th percentile tax bill is $2,355, while the 75th percentile tax bill is $2,838 and the 90th percentile tax bill is $2,983. That places many Highland homeowners close to or above the national median property tax bill of $2,400. Because tax bills are tied to assessed value and local rates, even small changes in valuation can affect what homeowners owe each year.
Median Highland Tax Bill
$2,596
Median Bond County Tax Bill
$1,042
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Highland, Bond County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62249 | 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 |