Dorsey, Madison County, Illinois Property Taxes
Property Taxes in Dorsey, Illinois
Median Dorsey, Illinois effective property tax rate: 2.02%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Dorsey, Illinois home value: $208,365
Median annual Dorsey, Illinois tax bill: $4,095, $1,695 higher than the national median property tax bill of $2,400.
How are property taxes in Madison calculated?
Property taxes in Dorsey, 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 Dorsey's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dorsey, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Dorsey, Madison County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.02%
Estimate Property Tax Bill
$4,209
$3,906
How Does the Dorsey Property Tax Calculator Work?
Use this Dorsey property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dorsey's median effective tax rate of 2.02% — based on actual property records in Madison County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Dorsey'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 Dorsey: rates range from 2.02% in 62021 to 2.02% in 62021, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Dorsey.
About Dorsey Property Taxes
About Property Taxes in Dorsey, Madison, Illinois
Dorsey’s median effective property tax rate of 2.02% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Madison County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Dorsey. Homeowners in ZIP code 62021 carry a median effective rate of 2.02%, and the same ZIP code also shows the lowest median rate of 2.02%. That means the city’s tax burden is consistent within the available data, but it still depends on how assessed values and local levies are applied.
Dorsey homeowners who believe their assessed value is too high can file a formal appeal with the Madison County Tax Assessor before the June 1, 2026 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 Dorsey, Madison 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 Dorsey'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 Dorsey Tax Rate
2.02%
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 Madison County Tax Rate
2.11%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dorsey, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62021 | 1.58% | 1.86% | 2.02% | 2.19% | 2.41% |
Source: Ownwell
Property Tax Assessment Values Across Dorsey, Madison County, Illinois
When examining property taxes in Dorsey, 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 Madison County assessor 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 Madison County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. The median home price in Dorsey is $208,365, with tax bills centered at $4,095. That is above the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Dorsey, Madison County, Illinois
Source: Ownwell
$25,755
$170,746
$315,736
Median Dorsey Market Value
$208,365
Median Madison County Market Value
$152,490
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dorsey, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62021 | $98,730 | $140,595 | $208,365 | $281,351 | $368,835 |
Source: Ownwell
Property Tax Bills Across Dorsey, Madison County, Illinois
Property tax bills in Dorsey are based on the assessed value of a home and the local tax rate set by taxing authorities in Madison County. When a property’s market value changes, the assessed value can change too, which affects the final bill homeowners receive. The amount owed is also influenced by local budgets and the mix of services funded by property taxes, including schools and public infrastructure.
With a median home price of $208,365, the median property tax bill in the area is $4,095, which is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $2,548 and the 75th percentile at $6,013, showing how much location and assessment differences can affect what homeowners pay. For many homeowners, even small changes in assessed value can lead to a noticeably different tax bill each year.
Median Dorsey Tax Bill
$4,095
Median Madison County Tax Bill
$3,074
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Dorsey, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62021 | $1,639 | $2,548 | $4,095 | $6,013 | $7,662 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Madison Tax Assessor | |
| Website | madisonil.devnetwedge.com |