Sparta, Perry County, Illinois Property Taxes

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

Median Sparta, IL effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Sparta, IL home value: $117,294
Median annual Sparta, IL tax bill: $1,734, $666 lower than the national median property tax bill of $2,400.

How are property taxes in Perry County calculated?

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

Last Updated March 1, 2025

Sparta, Perry County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.36%

Estimate Property Tax Bill

$1,749

$1,623

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

Property Tax Rates Across Sparta, Perry County, Illinois

Local government entities in Sparta, located in Perry County, Illinois, set property tax rates that can vary widely within the state. Each year, Perry County estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the basic annual process.

Sparta's effective property tax rate can be compared to other cities in Illinois and the national median. Illinois has a median property tax rate of 1.45%, which is higher than the national median of 1.02%. This means residents in Sparta may experience higher property tax bills compared to the national average. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively. By appealing property assessments or applying for exemptions, homeowners in Sparta can potentially reduce their property tax burden, aligning more closely with their financial goals.

Property Tax Rates Across Sparta, Perry County, Illinois

Source: Ownwell

1.61%

1.75%

1.89%

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 Sparta Tax Rate

1.36%

Median Effective Perry County Tax Rate

1.76%

Median Effective Illinois Tax Rate

2.33%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sparta, Perry County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62286	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Sparta, Perry County, Illinois

When examining property taxes in Sparta, 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 Perry 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 Perry 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 Sparta. For example, the median home price in Sparta is $117,294, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Sparta, Perry County, Illinois

Source: Ownwell

$51,690

$92,390

$133,090

Median Sparta Market Value

$128,602

Median Perry County Market Value

$91,395

Median Illinois Market Value

$227,888

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sparta, Perry County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62286	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Sparta, Perry County, Illinois

In Sparta, located in Perry County, IL, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local assessor and is a percentage of the market value of the property. Homeowners in Sparta face a median property tax bill that often exceeds the national median of $2,400. For instance, the 75th percentile tax bill in Sparta is $2,022, indicating that many homeowners pay significantly more than the national median rate of 1.02%. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. High property taxes can be a burden for homeowners, affecting affordability and financial planning. Ownwell offers a valuable service by helping homeowners appeal their property tax assessments. By analyzing property data and market trends, Ownwell identifies opportunities for tax reductions, potentially saving homeowners hundreds of dollars annually. This service ensures that homeowners only pay their fair share, alleviating financial stress.

Property Tax Bills Across Sparta, Perry County, Illinois

Source: Ownwell

$827

$1,624

$2,420

Median Sparta Tax Bill

$1,770

Median Perry County Tax Bill

$1,599

Median Illinois Tax Bill

$5,277

Median United States Tax Bill

$2,400

Property Tax Bills Across Sparta, Perry County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62286	N/A	N/A	N/A	N/A	N/A

Source: Ownwell