Garrett, Douglas County, Illinois Property Taxes
Median Garrett, IL effective property tax rate: 3.32%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Garrett, IL home value: $6,836
Median annual Garrett, IL tax bill: $227, $2,173 lower than the national median property tax bill of $2,400.
How are property taxes in Douglas calculated?
Property taxes in Garrett, 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 Garrett’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Garrett, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Garrett, Douglas County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.32%
Estimate Property Tax Bill
$227
$211
Property Tax Rates Across Garrett, Douglas County, Illinois
Local government entities set tax rates, which can vary significantly within Illinois. This variation occurs because each county annually estimates the budget required to provide services and divides that by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the annual process works.
Garrett in Douglas County, Illinois, serves as a prime example of this process. The effective property tax rate in Garrett stands out when compared to other cities in Illinois and even against the national median property tax rate. With the national median property tax rate at 1.02% and the median property tax bill at $2400, Illinois exhibits a notably higher rate. Such differences highlight the importance of understanding local tax dynamics and seeking professional assistance to navigate potential tax savings. For property owners in Garrett, this insight underscores the value of exploring property tax appeals and exemptions to potentially reduce their tax burden.
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 Garrett Tax Rate
3.32%
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 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 Garrett, Douglas County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61913 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Garrett, Douglas County, Illinois
When examining property taxes in Garrett, 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.
Assessment notices: Assessment notices in Douglas County 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 Garrett. For example, the median home price in Garrett is $6,836, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Garrett, Douglas County, Illinois
Source: Ownwell
$28,260
$78,968
$129,675
Median Garrett Market Value
$6,836
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 Garrett, Douglas County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61913 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Garrett, Douglas County, Illinois
In Garrett, located in Douglas County, IL, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor's office and represents a percentage of the property's market value. For homeowners in Garrett, property tax bills can vary, with the 25th percentile at $227 and the 75th and 90th percentiles both at $228. These figures indicate that property taxes in Garrett are relatively low compared to the national median property tax bill of $2400.
Several factors influence property tax bills, including the local tax rate and any applicable exemptions. Homeowners in Garrett may find that even minor changes in assessed value can significantly impact their tax obligations due to the relatively modest range of tax bills.
Ownwell assists homeowners by reviewing their property assessments and identifying potential inaccuracies or opportunities for exemptions. By appealing assessments or applying for eligible exemptions, Ownwell helps reduce the property tax burden, ensuring homeowners pay only their fair share.
Median Garrett Tax Bill
$227
Median Douglas County Tax Bill
$2,157
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Garrett, Douglas County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61913 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell