Ivesdale, Douglas County, Illinois Property Taxes

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

Median Ivesdale, IL effective property tax rate: 2.10%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Ivesdale, IL home value: $154,302
Median annual Ivesdale, IL tax bill: $3,273, $873 higher than the national median property tax bill of $2,400.

How are property taxes in Douglas calculated?

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

Last Updated March 1, 2025

Ivesdale, Douglas County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.1%

Estimate Property Tax Bill

$3,240

$3,007

Ownwell’s Ivesdale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ivesdale with just two data points. By entering your property's estimated assessed value, our calculator applies Ivesdale’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 Ivesdale, Douglas County, Illinois

Local government entities are responsible for setting property tax rates, which can vary significantly within Illinois. Each year, counties like Champaign estimate their required budget for public services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. Although there are votes and laws that influence these rates and budgets, this is essentially how the annual process works.

Ivesdale in Champaign County has an effective property tax rate that reflects these calculations. When comparing Ivesdale's rate to other cities in Illinois, it's important to note that Illinois has a median property tax rate of 2.10%, which is significantly higher than the national median of 1.02%. This means that property owners in Ivesdale might face higher tax bills compared to the national average, given the state's overall higher rate. Understanding these local variations can help property owners make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Ivesdale, 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 Ivesdale Tax Rate

2.10%

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 Ivesdale, Douglas County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61851	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Ivesdale, Douglas County, Illinois

When examining property taxes in Ivesdale, 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. Douglas County 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 Ivesdale. For example, the median home price in Ivesdale is $154,302, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Ivesdale, Douglas County, Illinois

Source: Ownwell

$28,260

$78,968

$129,675

Median Ivesdale Market Value

$154,302

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 Ivesdale, Douglas County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61851	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Ivesdale, Douglas County, Illinois

In Ivesdale, 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. With a median home price of $154,302, the property tax rate significantly influences the final bill. Tax bills can vary, with the 25th percentile at $2,811, the 75th percentile at $3,734, and the 90th percentile reaching $4,012, which is notably above the national median property tax bill of $2,400. Several factors contribute to this variation, including local government budgets, school funding requirements, and municipal services. For homeowners, these tax bills can represent a substantial financial obligation. This is where Ownwell steps in to assist. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners potentially lower their tax liabilities. Through a thorough analysis of property assessments and market conditions, Ownwell identifies opportunities for savings, ensuring homeowners pay only their fair share in property taxes.

Property Tax Bills Across Ivesdale, Douglas County, Illinois

Source: Ownwell

$435

$1,555

$2,675

Median Ivesdale Tax Bill

$3,273

Median Douglas County Tax Bill

$2,157

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Ivesdale, Douglas County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61851	N/A	N/A	N/A	N/A	N/A

Source: Ownwell