Scales Mound, Jo Daviess County, Illinois Property Taxes
Median SCALES MOUND, IL effective property tax rate: 2.44%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median SCALES MOUND, IL home value: $98,611
Median annual SCALES MOUND, IL tax bill: $1,829, $571 lower than the national median property tax bill of $2,400.
How are property taxes in Jo Daviess calculated?
Property taxes in SCALES MOUND, 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 SCALES MOUND’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SCALES MOUND, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Scales Mound, Jo Daviess County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.11%
Estimate Property Tax Bill
$3,582
$3,324
Property Tax Rates Across Scales Mound, Jo Daviess County, 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 Scales Mound Tax Rate
2.11%
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 Jo Daviess County Tax Rate
2.07%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Scales Mound, Jo Daviess County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61075 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Scales Mound, Jo Daviess County, Illinois
When examining property taxes in Scales Mound, 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 Jo Daviess 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 Jo Daviess County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Scales Mound. For example, the median home price in Scales Mound is $98,611, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Scales Mound, Jo Daviess County, Illinois
Source: Ownwell
$40,446
$142,838
$245,229
Median Scales Mound Market Value
$169,758
Median Jo Daviess County Market Value
$193,008
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Scales Mound, Jo Daviess County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61075 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Scales Mound, Jo Daviess County, Illinois
In Scales Mound, located in Jo Daviess County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $98,611. Homeowners can expect their property tax bills to vary widely, with the 25th percentile at $1,476 and the 75th percentile reaching $3,633. At the 90th percentile, tax bills can rise to $4,835, reflecting the significant impact of property taxes on household finances. Compared to the national median property tax bill of $2,400, homeowners in Scales Mound may find their bills higher or lower, depending on their property's assessed value and the local tax rate.
Factors such as local government budgets, school funding, and public services influence these tax rates, directly affecting homeowners' financial obligations. Ownwell offers a solution by providing expert property tax appeal services. By reviewing and challenging incorrect assessments, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. This service can be a critical financial relief for many homeowners in the area.
Median Scales Mound Tax Bill
$3,563
Median Jo Daviess County Tax Bill
$4,046
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Scales Mound, Jo Daviess County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61075 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | October 17 |
Links | |
|---|---|
| Jo Daviess Tax Assessor | |
| Website | jodaviessil.devnetwedge.com |