San Jose, Tazewell County, Illinois Property Taxes

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

Median San Jose, IL effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median San Jose, IL home value: $157,620. Median annual San Jose, IL tax bill: $2,658, $258 higher than the national median property tax bill of $2,400.

How are property taxes in Tazewell calculated?

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

Last Updated March 1, 2025

San Jose, Tazewell County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.11%

Estimate Property Tax Bill

$3,326

$3,086

Ownwell’s San Jose Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in San Jose with just two data points.

By entering your property's estimated assessed value, our calculator applies San Jose’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 Tazewell County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across San Jose, Tazewell County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 essentially the annual process. In San Jose, located in Tazewell County, the effective property tax rate is notably higher compared to the national median rate of 1.02%. The median property tax rate in Illinois is also significantly above the national average, reflecting the state's approach to funding local services. This can impact homeowners in San Jose as they navigate their property tax obligations. Comparing San Jose’s rate to other cities within Illinois and the national median offers valuable insights for property owners. Understanding these differences is crucial for making informed decisions about property investments and managing tax liabilities effectively.

Property Tax Rates Across San Jose, Tazewell County, Illinois

Source: Ownwell

1.96%

2.38%

2.80%

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 San Jose Tax Rate

2.11%

Median Effective Tazewell County Tax Rate

2.46%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across San Jose, Tazewell County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62682	1.69%	1.76%	2.11%	2.13%	2.66%

Source: Ownwell

Property Tax Assessment Values Across San Jose, Tazewell County, Illinois

When examining property taxes in San Jose, 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 Tazewell 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 Tazewell 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 San Jose.

For example, the median home price in San Jose is $157,620, with tax bills ranging significantly across the county. Zip code 62682 has the highest median home price at $157,620.

Property Tax Assessment Values Across San Jose, Tazewell County, Illinois

Source: Ownwell

$67,290

$196,785

$326,280

Median San Jose Market Value

$157,620

Median Tazewell County Market Value

$127,050

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across San Jose, Tazewell County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62682	$85,260	$104,355	$157,620	$197,040	$221,580

Source: Ownwell

Property Tax Bills Across San Jose, Tazewell County, Illinois

In San Jose, property tax bills are calculated based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is determined by local assessors. For homeowners in Tazewell County, with a median home price of $157,620, this assessed value plays a crucial role in determining the tax bill. The property tax rate in this region can result in varying tax bills, with the 25th percentile tax bill at $1,842 and the 75th percentile reaching $4,179. Comparatively, the national median property tax bill is $2,400, highlighting how local assessments can significantly impact homeowners.

Ownwell offers a valuable service to homeowners by helping them navigate the complexities of property tax appeals and exemptions. By identifying potential inaccuracies in property assessments or uncovering applicable exemptions, Ownwell can assist in reducing tax burdens. This service not only provides financial relief but also ensures that homeowners are paying a fair amount based on accurate property valuations.

Property Tax Bills Across San Jose, Tazewell County, Illinois

Source: Ownwell

$1,564

$4,524

$7,483

Median San Jose Tax Bill

$2,658

Median Tazewell County Tax Bill

$3,118

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across San Jose, Tazewell County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62682	$1,818	$1,842	$2,658	$4,179	$6,498

Source: Ownwell