Fiatt, Fulton County, Illinois Property Taxes

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Property Taxes in Fiatt, Illinois

Median Fiatt, Illinois effective property tax rate: 2.17%, significantly higher than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Fiatt, Illinois home value: $45,465
Median annual Fiatt, Illinois tax bill: $863, lower than the national median property tax bill of $2,400.

How are property taxes in Fulton calculated?

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

Last Updated April 13, 2026

Fiatt, Fulton County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.17%

Estimate Property Tax Bill

$987

$916

How Does the Fiatt Property Tax Calculator Work?

Use this Fiatt property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fiatt's median effective tax rate of 2.17% — based on actual property records in Fulton County — to generate your estimate.

Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fiatt'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 Fiatt: rates range from 2.17% in 61433 to 2.17% in 61433, 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 Fiatt.

About Fiatt Property Taxes

About Property Taxes in Fiatt, Fulton, Illinois

Fiatt’s median effective property tax rate of 2.17% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Fulton 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 Fiatt. Homeowners in the 61433 ZIP code carry a median effective rate of 2.17%, while those in the same ZIP code pay 2.17%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Fulton County. Understanding which part of Fiatt you live in can make a meaningful difference to your annual tax bill.

Fiatt 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 Fiatt, Fulton 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 Fiatt's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Property Tax Rates Across Fiatt, Fulton County, Illinois

Source: Ownwell

1.95%

2.58%

3.20%

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 Fiatt Tax Rate

2.17%

Median Effective Fulton County Tax Rate

2.65%

Median Effective Illinois Tax Rate

2.33%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fiatt, Fulton County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61433	1.25%	1.70%	2.17%	2.92%	2.92%

Source: Ownwell

Property Tax Assessment Values Across Fiatt, Fulton County, Illinois

When examining property taxes in FIATT, 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. The Fulton 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.

Assessment notices:

In Fulton County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.

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 FIATT.

For example, the median home price in FIATT is $45,465, with tax bills ranging significantly across the county. 61433 has the highest median home price at $45,465.

Property Tax Assessment Values Across Fiatt, Fulton County, Illinois

Source: Ownwell

$27,988

$70,188

$112,388

Median Fiatt Market Value

$45,465

Median Fulton County Market Value

$72,042

Median Illinois Market Value

$227,888

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fiatt, Fulton County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61433	$19,754	$30,136	$45,465	$57,042	$65,712

Source: Ownwell

Property Tax Bills Across Fiatt, Fulton County, Illinois

FIATT property tax bills are calculated by taking the assessed value of a home and applying the local property tax rate set by taxing authorities in Fulton County, Illinois. The assessed value is based on the market value of the property, and exemptions or other adjustments can affect the final amount a homeowner owes.

For FIATT homeowners, the size of the tax bill depends on both the home’s value and the tax rate applied to it. With a median home price of $45,465, property taxes can still vary widely from one property to another. The 25th percentile tax bill is $649, while the 75th percentile tax bill is $1,380 and the 90th percentile tax bill is $1,729. The median tax bill is $863, which is well below the national median property tax bill of $2,400.

These bills directly affect monthly housing costs and long-term affordability, making it important for homeowners to understand how assessed value, tax rates, and exemptions work together.

Property Tax Bills Across Fiatt, Fulton County, Illinois

Source: Ownwell

$501

$1,501

$2,501

Median Fiatt Tax Bill

$863

Median Fulton County Tax Bill

$1,787

Median Illinois Tax Bill

$5,277

Median United States Tax Bill

$2,400

Property Tax Bills Across Fiatt, Fulton County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61433	$391	$649	$863	$1,380	$1,729

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	July 1

Links
Fulton Tax Assessor
Website	fultonil.devnetwedge.com

Frequently Asked Property Tax Questions in Fiatt, Illinois

How are property taxes calculated in Fiatt, Illinois?

Property taxes in Fiatt, Illinois are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Fiatt, Illinois?

To appeal your property taxes in Fiatt, Illinois, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Fiatt, Illinois?

Common property tax exemptions in Fiatt, Illinois include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Fiatt, Illinois?

Property tax deadlines in Fiatt, Illinois vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Fiatt, Illinois?

Ownwell provides professional property tax appeal services in Fiatt, Illinois. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.