Leland, Lasalle County, Illinois Property Taxes

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

Median Leland, IL effective property tax rate: 2.95%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Leland, IL home value: $134,556
Median annual Leland, IL tax bill: $3,584, $1,184 higher than the national median property tax bill of $2,400.

How are property taxes in LaSalle calculated?

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

Last Updated March 1, 2025

Leland, Lasalle County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.95%

Estimate Property Tax Bill

$3,969

$3,683

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

Property Tax Rates Across Leland, Lasalle County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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.

Leland in LaSalle County, IL, stands out with a notably high effective property tax rate of 2.95%, significantly above the national median of 1.02%. This rate is consistent across the region, making it one of the highest in Illinois. For homeowners in Leland, this means potentially higher property tax bills compared to other parts of the state and the country. The median property tax rate in Illinois is 2.95%, reflecting the high rates found in Leland. When compared to the national median property tax bill of $2400, residents in Leland may find themselves paying substantially more. Understanding these rates is crucial for homeowners considering property tax appeals or exemptions, as they navigate the financial landscape of property ownership in Illinois.

Property Tax Rates Across Leland, Lasalle County, Illinois

Source: Ownwell

2.19%

3.11%

4.03%

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 Leland Tax Rate

2.95%

Median Effective Lasalle County Tax Rate

3.01%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Leland, Lasalle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60531	1.20%	2.71%	2.95%	3.09%	3.10%

Source: Ownwell

Property Tax Assessment Values Across Leland, Lasalle County, Illinois

When examining property taxes in Leland, 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 LaSalle 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 LaSalle 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 Leland.

For example, the median home price in Leland is $134,556, with tax bills ranging significantly across the county. Zip code 60531 has the highest median home price at $134,556.

Property Tax Assessment Values Across Leland, Lasalle County, Illinois

Source: Ownwell

$47,830

$136,637

$225,444

Median Leland Market Value

$134,556

Median Lasalle County Market Value

$83,415

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Leland, Lasalle County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60531	$22,918	$93,207	$134,556	$165,234	$190,831

Source: Ownwell

Property Tax Bills Across Leland, Lasalle County, Illinois

In Leland, located in LaSalle County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value typically represents a percentage of the home's market value, which is influenced by factors such as location, size, and market conditions. Homeowners in Leland face a median tax bill of approximately $3,584, which is significantly higher than the national median of $2,400. This can be attributed to the local tax rate and assessed values that drive up the tax bills. The tax bill can vary widely, with the 25th percentile at $1,410 and the 90th percentile reaching $5,636. Such variability can significantly impact homeowners' financial planning. Ownwell offers valuable assistance by reviewing property assessments and identifying potential discrepancies or opportunities for exemptions. By appealing assessments or securing exemptions, Ownwell helps homeowners reduce their property tax bills, potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Leland, Lasalle County, Illinois

Source: Ownwell

$1,329

$3,289

$5,248

Median Leland Tax Bill

$3,584

Median Lasalle County Tax Bill

$2,340

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Leland, Lasalle County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60531	$262	$1,410	$3,584	$4,842	$5,636

Source: Ownwell