Montrose, Effingham County, Illinois Property Taxes
Property Taxes in Montrose, Illinois
Median Montrose, Illinois effective property tax rate: 2.01%, significantly higher than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Montrose, Illinois home value: $92,895
Median annual Montrose, Illinois tax bill: $1,529, $871 lower than the national median property tax bill of $2,400.
How are property taxes in Effingham calculated?
Property taxes in Montrose, 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 Montrose's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montrose, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montrose, Effingham County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.01%
Estimate Property Tax Bill
$1,867
$1,733
How Does the Montrose Property Tax Calculator Work?
Use this Montrose property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montrose's median effective tax rate of 2.01% — based on actual property records in Effingham County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Montrose's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Montrose: rates range from 1529.00 in 62445 to 1529.00 in 62445, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Montrose.
About Montrose Property Taxes
About Property Taxes in Montrose, Effingham, Illinois
Montrose’s median effective property tax rate of 2.01% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Effingham 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 Montrose. Homeowners in the 62445 ZIP code carry a median effective rate of 2.01%, while those in the same ZIP also pay 2.01% at the median. This reflects how school district boundaries and local assessment districts are drawn across Effingham County. Understanding where you live in Montrose can make a meaningful difference to your annual tax bill.
Montrose 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 Montrose, Effingham 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 Montrose'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 Montrose Tax Rate
2.01%
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 Effingham County Tax Rate
1.88%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montrose, Effingham County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62445 | 1.13% | 1.53% | 2.01% | 2.40% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across Montrose, Effingham County, Illinois
When examining property taxes in Montrose, 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. Effingham 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.
Assessment notices:
In Effingham County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month.
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. For Montrose, the median home price is $92,895, and the median tax bill is $1,529. That is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. The highest median home price is in 62445, at $92,895.
Property Tax Assessment Values Across Montrose, Effingham County, Illinois
Source: Ownwell
$92,895
$159,503
$226,110
Median Montrose Market Value
$92,895
Median Effingham County Market Value
$171,690
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montrose, Effingham County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62445 | $28,980 | $55,515 | $92,895 | $139,492 | $216,345 |
Source: Ownwell
Property Tax Bills Across Montrose, Effingham County, Illinois
Property tax bills in Montrose are based on the assessed value of a home and the local tax rate set by taxing authorities in Effingham County. When a property’s market value changes, the assessed value can change too, which can raise or lower the bill. Homeowners in Montrose should also consider that local budgets, school funding, and other public services all influence the final amount owed.
For a home with a median value of $92,895, the property tax bill can vary widely. The 25th percentile tax bill is $894, while the 75th percentile is $2,739 and the 90th percentile reaches $3,905. The median tax bill is $1,529. That means some homeowners pay below the national median property tax bill of $2,400, while others pay more depending on their assessed value and local tax rate. Understanding how property taxes are calculated can help homeowners better anticipate costs and spot opportunities to challenge an unfair assessment.
Median Montrose Tax Bill
$1,529
Median Effingham County Tax Bill
$3,031
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Montrose, Effingham County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62445 | $381 | $894 | $1,529 | $2,739 | $3,905 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Effingham Tax Assessor | |
| Website | effinghamil.devnetwedge.com |