Liverpool, Fulton County, Illinois Property Taxes
Property Taxes in Liverpool, Illinois
Median Liverpool, Illinois effective property tax rate: 3.09%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Liverpool, Illinois home value: $27,988
Median annual Liverpool, Illinois tax bill: $501, $1,899 lower than the national median property tax bill of $2,400.
How are property taxes in Fulton calculated?
Property taxes in Liverpool, 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 Liverpool's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Liverpool, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Liverpool, Fulton County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.09%
Estimate Property Tax Bill
$865
$803
How Does the Liverpool Property Tax Calculator Work?
Use this Liverpool property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and the calculator applies Liverpool’s median effective tax rate of 3.09% — based on actual property records in Fulton County — to generate your estimate.
What is the assessed value used for property taxes? Enter your property’s estimated assessed value — the figure used to calculate your bill and one that reflects any exemptions you hold, typically lower than market value.
How does Liverpool compare with Illinois? Liverpool’s 3.09% median effective tax rate is higher than the 2.33% state median tax rate and well above the 1.02% national median property tax rate.
What is the median property tax bill in Liverpool? The median property tax bill is $501, which is $1,899 lower than the Illinois median tax bill and below the $2,400 national median property tax bill.
Your bill may vary by ZIP code within Liverpool, but the median tax bill is $501 in 61543.
About Liverpool Property Taxes
About Property Taxes in Liverpool, Fulton, Illinois
Liverpool’s median effective property tax rate of 3.09% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Fulton County levy and local taxing districts that shape property taxes in the area.
Property tax rates are not uniform across Liverpool. Homeowners in the 61543 ZIP code carry a median effective rate of 3.09%, while those in the same ZIP code also pay 3.09%. This means there is no spread across the city, but the rate remains well above the national median and the Illinois median.
Liverpool 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 Liverpool, 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 Liverpool'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 Ă· 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 Liverpool Tax Rate
3.09%
Our median effective property tax rate (tax bill Ă· 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 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 Liverpool, Fulton County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61543 | 1.07% | 1.85% | 3.09% | 3.12% | 3.12% |
Source: Ownwell
Property Tax Assessment Values Across Liverpool, Fulton County, Illinois
When examining property taxes in Liverpool, 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 Liverpool.
For example, the median home price in Liverpool is $27,988, with tax bills ranging significantly across the county. Zip code 61543 has the highest median home price at $27,988.
Property Tax Assessment Values Across Liverpool, Fulton County, Illinois
Source: Ownwell
$27,988
$70,188
$112,388
Median Liverpool Market Value
$27,988
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 Liverpool, Fulton County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61543 | $4,685 | $8,642 | $27,988 | $51,442 | $78,000 |
Source: Ownwell
Property Tax Bills Across Liverpool, Fulton County, Illinois
Liverpool property tax bills are calculated by multiplying the home’s assessed value by the local tax rate, then applying any exemptions or adjustments allowed by Fulton County and the state. The assessed value is based on the market value of the property, so changes in neighborhood demand, home condition, and local assessments can all affect the final bill.
For Liverpool homeowners, this means a tax bill can rise or fall even when the mortgage stays the same. The median home price in the area is $27,988, which helps explain why property taxes can feel manageable compared with the national median property tax bill of $2,400. In Liverpool, the median tax bill is $501, with the 25th percentile at $226 and the 75th percentile at $1,029. The 90th percentile reaches $1,909.
Because property taxes are tied to assessed value, homeowners should review their assessment carefully to make sure it reflects the property fairly.
Median Liverpool Tax Bill
$501
Median Fulton County Tax Bill
$1,787
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Liverpool, Fulton County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61543 | $118 | $226 | $501 | $1,029 | $1,909 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Fulton Tax Assessor | |
| Website | fultonil.devnetwedge.com |