Nachusa, Lee County, Illinois Property Taxes

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

Median Nachusa, IL effective property tax rate: 2.50%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Nachusa, IL home value: $89,578
Median annual Nachusa, IL tax bill: $2,474, $74 higher than the national median property tax bill of $2,400.

How are property taxes in Lee County calculated?

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

Last Updated March 1, 2025

Nachusa, Lee County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.5%

Estimate Property Tax Bill

$2,239

$2,078

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

Property Tax Rates Across Nachusa, Lee County, Illinois

Local government entities establish tax rates, and these can differ significantly even within the same state. This variation occurs because each county annually estimates the budget necessary to deliver public services. The total budget is then divided by the cumulative value of all taxable properties within the county, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this process essentially summarizes the annual procedure.

In Nachusa, located in Lee County, Illinois, the effective property tax rate is notably higher than the national median of 1.02%. Illinois itself has a median property tax rate of 2.50%, which is among the highest in the United States. This means homeowners in Nachusa face a substantially higher property tax burden compared to the national median. Comparing this to other cities in Illinois, it becomes evident that property tax rates can have a significant impact on homeowners' expenses. Understanding these rates can help residents make informed financial decisions and explore potential property tax appeal and exemption opportunities.

Property Tax Rates Across Nachusa, Lee County, Illinois

Source: Ownwell

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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 Nachusa Tax Rate

2.50%

Median Effective Lee County Tax Rate

2.68%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Nachusa, Lee County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61057	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Nachusa, Lee County, Illinois

When examining property taxes in Nachusa, 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 Lee County appraisal authority 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 Lee County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Nachusa. For example, the median home price in Nachusa is $89,578, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Nachusa, Lee County, Illinois

Source: Ownwell

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Median Nachusa Market Value

$89,578

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Nachusa, Lee County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61057	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Nachusa, Lee County, Illinois

In Nachusa, located in Lee County, Illinois, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $89,578, homeowners in Nachusa face property tax bills that can vary significantly. The 25th percentile tax bill is $1,471, while those in the 75th percentile pay around $3,477, and the 90th percentile sees bills as high as $4,079. These figures indicate that property taxes in Nachusa can be burdensome, especially compared to the national median property tax bill of $2,400. Homeowners in Nachusa can benefit from Ownwell's expertise in property tax appeals and exemptions. By analyzing property assessments and identifying potential savings, Ownwell helps homeowners reduce their tax burden. This not only provides financial relief but also ensures that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Nachusa, Lee County, Illinois

Source: Ownwell

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Median Nachusa Tax Bill

$2,474

Median Lee County Tax Bill

$3,754

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Nachusa, Lee County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61057	N/A	N/A	N/A	N/A	N/A

Source: Ownwell