Clifton, Ford County, Illinois Property Taxes

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

Median Clifton, IL effective property tax rate: 2.74%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Clifton, IL home value: $274,530
Median annual Clifton, IL tax bill: $7,759, $5,359 higher than the national median property tax bill of $2,400.

How are property taxes in Ford County calculated?

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

Last Updated March 1, 2025

Clifton, Ford County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.74%

Estimate Property Tax Bill

$7,522

$6,980

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

Property Tax Rates Across Clifton, Ford County, Illinois

Local government entities set tax rates, which can vary significantly within a state. This variation is because each county, such as Ford County in Illinois, annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process. In Clifton, the effective property tax rate reflects this calculation. When comparing Clifton’s property tax rate to other cities in Illinois and the national median, it's important to note the differences. The median property tax rate in Illinois is considerably higher than the national median, highlighting the state's reliance on property taxes for local funding. Understanding these rates can help property owners in Clifton and beyond make informed decisions about their investments and potential tax liabilities. By staying informed, property owners can better navigate the complexities of property taxes and potentially benefit from appeal and exemption services.

Property Tax Rates Across Clifton, Ford County, Illinois

Source: Ownwell

2.27%

2.72%

3.17%

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 Clifton Tax Rate

2.74%

Median Effective Ford County Tax Rate

2.52%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clifton, Ford County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60927	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Clifton, Ford County, Illinois

When examining property taxes in Clifton, 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 Ford County appraisal district 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 Ford 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 Clifton. For example, the median home price in Clifton is $274,530, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Clifton, Ford County, Illinois

Source: Ownwell

$34,920

$115,628

$196,335

Median Clifton Market Value

$274,530

Median Ford County Market Value

$93,960

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clifton, Ford County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60927	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Clifton, Ford County, Illinois

In Clifton, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Clifton is $274,530, and homeowners can expect property tax bills that vary significantly, ranging from the 25th percentile at $5,646 to the 90th percentile at $11,141. These figures are notably higher than the national median property tax bill of $2,400, reflecting the higher property tax rates in the area. Factors such as changes in the housing market, property improvements, and local government budgets can influence the assessed value and, consequently, the tax bill. Homeowners in Clifton may find themselves paying more than the national average, which can strain finances. Ownwell offers a solution by providing property tax appeal services. By reviewing assessments and identifying potential errors or overvaluations, Ownwell can help homeowners reduce their property tax bills, offering significant savings.

Property Tax Bills Across Clifton, Ford County, Illinois

Source: Ownwell

$753

$3,138

$5,522

Median Clifton Tax Bill

$7,759

Median Ford County Tax Bill

$2,272

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Clifton, Ford County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60927	N/A	N/A	N/A	N/A	N/A

Source: Ownwell