Speer, Stark County, Illinois Property Taxes
Property Taxes in Speer, Illinois
Median Speer, Illinois effective property tax rate: 2.54%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Speer, Illinois home value: $256,356
Median annual Speer, Illinois tax bill: $6,359, higher than the national median property tax bill of $2,400.
How are property taxes in Stark calculated?
Property taxes in Speer, 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 Speer’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Speer, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Speer, Stark County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.54%
Estimate Property Tax Bill
$6,511
$6,042
How Does the Speer Property Tax Calculator Work?
Use this Speer property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Speer’s median effective tax rate of 2.54% — based on actual property records in Stark County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Speer’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 Speer: rates range from 2.54% in 61479 to 2.54% in 61479, 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 Speer.
About Speer Property Taxes
About Property Taxes in Speer, Stark, Illinois
Speer’s median effective property tax rate of 2.54% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Stark County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Speer. Homeowners in the 61479 ZIP code carry a median effective rate of 2.54%, while those in the same ZIP code pay 2.54%. This spread reflects how school district boundaries and local assessment districts are drawn across Stark County. Understanding which part of Speer you live in can make a meaningful difference to your annual tax bill.
Speer homeowners who believe their assessed value is too high can file a formal appeal with the 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 Speer, Stark 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 Speer’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 Speer Tax Rate
2.54%
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 Stark County Tax Rate
2.47%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Speer, Stark County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61479 | 2.41% | 2.48% | 2.54% | 2.56% | 2.66% |
Source: Ownwell
Property Tax Assessment Values Across Speer, Stark County, Illinois
When examining property taxes in Speer, 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 Stark 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 are sent in the spring each year and typically reach your mailbox by the middle of the season. 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.
For example, the median home price in Speer is $256,356, with a median property tax bill of $6,359. That is well above the national median property tax bill of $2,400.
Property Tax Assessment Values Across Speer, Stark County, Illinois
Source: Ownwell
$151,448
$210,612
$269,775
Median Speer Market Value
$256,356
Median Stark County Market Value
$164,277
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Speer, Stark County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61479 | $60,636 | $184,524 | $256,356 | $359,649 | $432,369 |
Source: Ownwell
Property Tax Bills Across Speer, Stark County, Illinois
Property tax bills in Speer are based on the assessed value of a home and the local tax rate set by taxing authorities in Stark County. When a home’s market value rises, the assessed value can increase as well, which can lead to a higher tax bill. For a home with a median market value of $256,356, the property tax burden can vary widely depending on exemptions, local levies, and how the property is classified.
In Speer, the median property tax bill is $6,359, which is well above the national median property tax bill of $2,400. Bills at the 25th percentile are $3,753, while the 75th percentile reaches $9,045 and the 90th percentile climbs to $10,350. That means two homeowners with similar homes can still pay very different amounts. For many homeowners, a higher tax bill can put pressure on monthly budgets and make it important to review whether the assessed value is accurate.
Median Speer Tax Bill
$6,359
Median Stark County Tax Bill
$3,805
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Speer, Stark County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61479 | $1,547 | $3,753 | $6,359 | $9,045 | $10,350 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Stark Tax Assessor | |
| Website | propertytaxonline.org |