Camargo, Douglas County, Illinois Property Taxes

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

Median CAMARGO, IL effective property tax rate: 2.20%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median CAMARGO, IL home value: $114,444
Median annual CAMARGO, IL tax bill: $2,457, $57 higher than the national median property tax bill of $2,400.

How are property taxes in Douglas calculated?

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

Last Updated March 1, 2025

Camargo, Douglas County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.2%

Estimate Property Tax Bill

$2,518

$2,336

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

Property Tax Rates Across Camargo, Douglas 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. Below, you can compare Camargo’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Camargo, located in Douglas County, has an effective property tax rate that stands out when compared to the national median. Illinois, known for its higher-than-average property tax rates, reflects this in Camargo’s rate as well. The median property tax rate in Illinois is significantly higher than the national median property tax rate of 1.02%. Such differences highlight the importance of understanding local property tax rates, as they can greatly impact homeowners' annual expenses. By analyzing these rates, property owners can make informed decisions about their investments and potential tax liabilities.

Property Tax Rates Across Camargo, Douglas County, Illinois

Source: Ownwell

2.09%

2.27%

2.45%

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 Camargo Tax Rate

2.20%

Median Effective Douglas County Tax Rate

2.16%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Camargo, Douglas County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61919	1.29%	1.95%	2.20%	2.39%	2.71%

Source: Ownwell

Property Tax Assessment Values Across Camargo, Douglas County, Illinois

When examining property taxes in Camargo, 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 Douglas County Assessor 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 Douglas 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 Camargo.

For example, the median home price in Camargo is $114,444, with tax bills ranging significantly across the county. 61919 has the highest median home price at $114,444.

Property Tax Assessment Values Across Camargo, Douglas County, Illinois

Source: Ownwell

$28,260

$78,968

$129,675

Median Camargo Market Value

$114,444

Median Douglas County Market Value

$101,652

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Camargo, Douglas County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61919	$34,396	$76,787	$114,444	$169,640	$273,228

Source: Ownwell

Property Tax Bills Across Camargo, Douglas County, Illinois

In Camargo, located in Douglas County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Local tax rates are applied to this assessed value to determine the tax bill. The median home price in the area is $114,444, and property taxes can range significantly. The 25th percentile tax bill is $1,395, while the 75th percentile reaches $3,944, and the 90th percentile can be as high as $6,044. These figures highlight the potential burden on homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell assists homeowners by offering property tax appeal and exemption services, helping to ensure that they are not overpaying. By reviewing assessments and identifying potential errors or opportunities for exemptions, Ownwell can help reduce property tax bills, providing significant savings and easing the financial burden on homeowners in Camargo.

Property Tax Bills Across Camargo, Douglas County, Illinois

Source: Ownwell

$435

$1,555

$2,675

Median Camargo Tax Bill

$2,457

Median Douglas County Tax Bill

$2,157

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Camargo, Douglas County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61919	$599	$1,395	$2,457	$3,944	$6,044

Source: Ownwell