Fillmore, Fayette County, Illinois Property Taxes
Median Fillmore, IL effective property tax rate: 2.12%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Fillmore, IL home value: $44,768
Median annual Fillmore, IL tax bill: $804, $1,596 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Fillmore, 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 Fillmore’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fillmore, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fillmore, Fayette County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.12%
Estimate Property Tax Bill
$949
$881
Property Tax Rates Across Fillmore, Fayette County, Illinois
Local government entities determine tax rates, which can significantly differ within a state. This happens because every year, each county calculates its necessary budget to fund services and divides that by the total value of all taxable property within its boundaries. This calculation results in the property tax rate. While votes and legislation play a role in determining tax rates and budgets, this is essentially the yearly procedure.
You can compare Fillmore’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Fillmore, located in Fayette County, has a property tax rate that stands out in Illinois. The median property tax rate in Illinois is notably higher than the national median, which is 1.02%. In contrast, the national median property tax bill is $2,400. It's essential to understand how these rates impact your finances and property value. Knowing the differences in property tax rates can help you make informed decisions about property investment and ownership in Fillmore and throughout Illinois.
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 Fillmore Tax Rate
2.12%
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 Fayette County Tax Rate
2.13%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fillmore, Fayette County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62032 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Fillmore, Fayette County, Illinois
When examining property taxes in Fillmore, 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 Fayette County Assessor's 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.
In Fayette County, assessment notices 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 Fillmore.
For example, the median home price in Fillmore is $44,768, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Fillmore, Fayette County, Illinois
Source: Ownwell
$37,206
$63,704
$90,201
Median Fillmore Market Value
$44,768
Median Fayette County Market Value
$73,758
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fillmore, Fayette County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62032 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Fillmore, Fayette County, Illinois
In Fillmore, located in Fayette County, IL, property tax bills are determined by the assessed value of a property, which is a percentage of its market value, multiplied by the local tax rate. The median home price in Fillmore is $44,768, and homeowners can expect their property tax bills to vary significantly. While the national median property tax bill stands at $2,400, homeowners in Fillmore experience a range from the 25th percentile tax bill of $540 to the 90th percentile tax bill of $1,758. This variation is influenced by factors such as property location, size, and improvements. These property taxes can be a significant annual expense for homeowners, impacting their overall financial planning.
Ownwell can assist homeowners in Fillmore by evaluating their property tax assessments and identifying potential savings. By leveraging expertise in property tax appeals and exemptions, Ownwell helps ensure that homeowners are not overpaying on their tax bills, potentially saving them hundreds or even thousands of dollars annually. This service provides homeowners with peace of mind and financial relief.
Median Fillmore Tax Bill
$804
Median Fayette County Tax Bill
$1,347
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Fillmore, Fayette County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62032 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell