Moro, Madison County, Illinois Property Taxes
Property Taxes in Moro, Illinois
Median Moro, Illinois effective property tax rate: 1.96%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Moro, Illinois home value: $183,060
Median annual Moro, Illinois tax bill: $3,336, $936 higher than the national median property tax bill of $2,400.
How are property taxes in Madison County calculated?
Property taxes in Moro, 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 Moro's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Moro, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Moro, Madison County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.96%
Estimate Property Tax Bill
$3,588
$3,330
How Does the Moro Property Tax Calculator Work?
Use this Moro property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Moro's median effective tax rate of 1.96% — based on actual property records in Madison 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 Moro'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 Moro: rates range from 1.96% in 62067 to 1.96% in 62067, 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 Moro.
About Moro Property Taxes
About Property Taxes in Moro, Madison, Illinois
Moro’s median effective property tax rate of 1.96% 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 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 Moro. Homeowners in ZIP code 62067 carry a median effective rate of 1.96%, while the lowest rate is also 1.96%. This reflects how school district boundaries and local assessment districts are drawn across Madison County. Understanding where you live in Moro can make a meaningful difference to your annual tax bill.
Moro homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Moro, 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 Moro'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 Ă· 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 Moro Tax Rate
1.96%
Our median effective property tax rate (tax bill Ă· 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 Moro, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62067 | 1.40% | 1.80% | 1.96% | 2.11% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Moro, Madison County, Illinois
When examining property taxes in Moro, 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 assessment office 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. 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 Moro.
For example, the median home price in Moro is $183,060, with tax bills ranging significantly across the county. 62067 has the highest median home price at $183,060.
Property Tax Assessment Values Across Moro, Madison County, Illinois
Source: Ownwell
$25,755
$170,746
$315,736
Median Moro Market Value
$183,060
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 Moro, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62067 | $86,244 | $124,890 | $183,060 | $284,325 | $389,790 |
Source: Ownwell
Property Tax Bills Across Moro, Madison County, Illinois
How are property tax bills calculated in Moro, Madison County, Illinois?
Property tax bills in Moro are based on the assessed value of a home, which is tied to its market value and then taxed at the local rate set by taxing authorities. The amount a homeowner owes depends on how much the property is worth, along with the tax rates applied in Madison County and the city’s local districts. For a home with a median value of $183,060, the property tax bill can vary widely depending on the assessment and applicable levies.
What factors affect the bill?
Homeowners with lower assessed values may see bills closer to $2,170, while higher-value homes can face bills of $5,901 or even $8,098. The median tax bill in the area is $3,336, which is above the national median property tax bill of $2,400. That means property taxes can take a larger share of a homeowner’s budget, especially when assessments rise or local tax rates increase.
Median Moro Tax Bill
$3,336
Median Madison County Tax Bill
$3,074
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Moro, Madison County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62067 | $1,355 | $2,170 | $3,336 | $5,901 | $8,098 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Madison Tax Assessor | |
| Website | madisonil.devnetwedge.com |