Ashland, Sangamon County, Illinois Property Taxes

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

Median Ashland, IL effective property tax rate: 2.07%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Ashland, IL home value: $81,366
Median annual Ashland, IL tax bill: $1,682, $718 lower than the national median property tax bill of $2,400.

How are property taxes in Sangamon calculated?

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

Last Updated March 1, 2025

Ashland, Sangamon County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.07%

Estimate Property Tax Bill

$1,684

$1,563

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

Property Tax Rates Across Ashland, Sangamon County, Illinois

Local government entities set tax rates, which can vary widely within Illinois. Each year, counties estimate the budget needed to provide essential services and divide this figure by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Ashland, located in Cass County, the effective property tax rate reflects these calculations. The median property tax rate in Illinois is notably higher than the national median rate of 1.02%. This means that residents in Ashland may experience property tax bills that exceed the national median bill of $2,400. Understanding these figures can help property owners in Ashland make informed decisions about property tax appeals or exemptions. By comparing Ashland's property tax rate to other cities in Illinois and the national median, property owners can better assess their tax liabilities and explore potential savings.

Property Tax Rates Across Ashland, Sangamon County, Illinois

Source: Ownwell

1.74%

2.36%

2.99%

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 Ashland Tax Rate

2.07%

Median Effective Sangamon County Tax Rate

2.31%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ashland, Sangamon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62612	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Ashland, Sangamon County, Illinois

When examining property taxes in Ashland, IL, 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 Sangamon 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. Assessment notices: In Sangamon 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 Ashland. For example, the median home price in Ashland is $81,366, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Ashland, Sangamon County, Illinois

Source: Ownwell

$56,421

$155,278

$254,134

Median Ashland Market Value

$81,366

Median Sangamon County Market Value

$144,820

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ashland, Sangamon County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62612	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Ashland, Sangamon County, Illinois

In Ashland, located in Sangamon County, IL, property tax bills are calculated based on the assessed value of homes, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. With a median home price of $81,366, homeowners in Ashland face property tax bills that can be significant, with the 25th, 75th, and 90th percentiles all at $1,682. This amount is below the national median property tax bill of $2,400, making it relatively manageable for local residents. However, property taxes can still be a burden for many homeowners, especially when the local tax rate is above the national median rate of 1.02%. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and apply for exemptions, potentially leading to reduced tax bills. By leveraging their expertise, homeowners can ensure they are not overpaying and take advantage of any available savings opportunities.

Property Tax Bills Across Ashland, Sangamon County, Illinois

Source: Ownwell

$1,004

$3,692

$6,380

Median Ashland Tax Bill

$1,682

Median Sangamon County Tax Bill

$3,283

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Ashland, Sangamon County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62612	N/A	N/A	N/A	N/A	N/A

Source: Ownwell