Buncombe, Johnson County, Illinois Property Taxes
Property Taxes in Buncombe, Illinois
Median Buncombe, Illinois effective property tax rate: 2.14%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Buncombe, Illinois home value: $73,314
Median annual Buncombe, Illinois tax bill: $1,309, lower than the national median property tax bill of $2,400.
How are property taxes in Johnson calculated?
Property taxes in Buncombe, 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 Buncombe's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buncombe, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Buncombe, Johnson County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.14%
Estimate Property Tax Bill
$1,569
$1,456
How Does the Buncombe Property Tax Calculator Work?
Use this Buncombe property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Buncombe's median effective tax rate of 2.14% — based on actual property records in Johnson County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Buncombe'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 Buncombe: rates range from 2.14% in 62912 to 2.14% in 62912, primarily due to differences in school district levies and local assessment districts.
Buncombe's median effective tax rate is lower than the Illinois median of 2.33%, but the median property tax bill of $1,309 is also lower than the national median property tax bill of $2,400 by $1,091. For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Buncombe.
About Buncombe Property Taxes
About Property Taxes in Buncombe, Johnson, Illinois
Buncombe’s median effective property tax rate of 2.14% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Johnson 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 Buncombe. Homeowners in the 62912 ZIP code carry a median effective rate of 2.14%, while those in the same ZIP also pay 2.14%. This reflects how school district boundaries and local assessment districts are drawn across Johnson County, even when the spread is limited. Understanding where you live in Buncombe can still help you better anticipate your annual tax bill.
Buncombe homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the September 27, 2024 deadline each year.
If your estimated bill 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 Buncombe, Johnson 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 Buncombe'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 ÷ 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 Buncombe Tax Rate
2.14%
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 Johnson County Tax Rate
2.08%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Buncombe, Johnson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62912 | 1.13% | 1.72% | 2.14% | 2.41% | 2.41% |
Source: Ownwell
Property Tax Assessment Values Across Buncombe, Johnson County, Illinois
When examining property taxes in Buncombe, 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 Johnson 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 Johnson 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. For example, the median home price in Buncombe is $73,314, with tax bills ranging significantly across the county. 62912 has the highest median home price at $73,314.
Property Tax Assessment Values Across Buncombe, Johnson County, Illinois
Source: Ownwell
$46,122
$74,330
$102,537
Median Buncombe Market Value
$73,314
Median Johnson County Market Value
$72,777
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Buncombe, Johnson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62912 | $13,049 | $28,976 | $73,314 | $130,278 | $190,146 |
Source: Ownwell
Property Tax Bills Across Buncombe, Johnson County, Illinois
Property tax bills in Buncombe are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill can rise or fall as the assessed value changes, even if the tax rate stays the same. In Johnson County, the median home price is $73,314, which helps explain why property tax bills can vary widely from one home to another.
What a homeowner pays also depends on local taxing jurisdictions and any exemptions that may reduce the taxable amount. In Buncombe, the 25th percentile tax bill is $508, while the 75th percentile is $2,488 and the 90th percentile is $3,873. That spread shows how different property values and assessments can affect annual costs. The median tax bill in ZIP code 62912 is $1,309, which is below the national median property tax bill of $2,400.
Median Buncombe Tax Bill
$1,309
Median Johnson County Tax Bill
$1,260
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Buncombe, Johnson County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62912 | $250 | $508 | $1,309 | $2,488 | $3,873 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | September 27 |
Links | |
|---|---|
| Johnson Tax Assessor | |
| Website | johnsonil.devnetwedge.com |