Average Tax Assessment in Jefferson County
Real Estate Values and Property Tax Valuation in Jefferson County, Illinois
Jefferson County has 11,307 properties with a cumulative value of $878.9M, representing 0.13% of all real estate value in Illinois. The total property taxes collected in Jefferson County was $18.7M, with an average homeowner paying $1,651 in property taxes compared to the state average of $5,405. The average property tax rate in Jefferson County is 2.12%, lower than the state average of 2.47%. Property taxes are calculated based on the assessed value of the property, which is typically lower than the market value.
In Illinois, property taxes are based on the value of the property as of January 1st. Property owners have the option to appeal their property taxes between June and December, or within 30 days of when the notices are published. Property tax bills are issued on February 1st and July 1st, with the first installment due on June 1st in Cook County. This first installment is estimated at 55% of the prior year's tax bill, with taxes paid in arrears.
Updated November 01, 2023
| Important Links | |
|---|---|
| TexasFile Clerk Records | - |
| Jefferson Clerk | (409) 835-8475 |
| Jefferson Treasurer | (303) 271-8330 |
| Jefferson Appraiser | (785) 403-0000 4 |
| Important Dates | |
|---|---|
| Property Valuation Date: | January 1st |
| Property Tax Appeal Deadline: | June - December or 30 days after notices are published |
| Property Tax Bills Issued: | February 1st and July 1st |
| Real Property Tax Bill Due (1st of #): | June, Two installments but due dates may vary by county March 1st, Cook County - 1st half installment, estimated at 55% of prior year tax bill with taxes paid in arrears. |
| Real Property Tax Bill Due (2nd of #): | September, Two installments but due dates may vary by county August 1, Cook County - 2nd half installment - TARGETED but may be delayed - due 30 days after being issued. Reconciled installment using the BOR certified AV, actual local tax rate, and final state equalization factor, less the estimated 1st installment with taxes paid in arrears |
| Available Exemptions | |
|---|---|
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Jefferson County
Residential Property Taxes by Cities in Jefferson County
Jefferson County has an average property tax rate of 2.12%, which is slightly lower than the national average of 2.18%. This rate is applied to all properties in the county, regardless of location. However, the effective property tax rate can vary significantly from city to city. For example, the city of Mount Vernon has an effective property tax rate of 2.25%, which is higher than the county average. On the other hand, the city of Waltonville has an effective property tax rate of 1.52%, which is lower than the county average. This means that property owners in Waltonville will pay less in property taxes than those in Mount Vernon.
Overall, Jefferson County has a relatively low property tax rate compared to other counties in the state. However, the effective property tax rate can vary significantly from city to city, so it is important for property owners to research the rates in their area before making a purchase.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Jefferson County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Rive | $8,922 | $26,584 | $59,084 | $100,142 | $139,712 |
| Bluford | $4,872 | $18,430 | $48,500 | $90,905 | $132,056 |
| Bonnie | $6,273 | $17,726 | $40,986 | $74,096 | $108,836 |
| Dix | $3,292 | $19,578 | $59,030 | $101,434 | $143,920 |
| Mount Vernon | $14,130 | $25,985 | $60,915 | $113,880 | $173,390 |
| Opdyke | $9,701 | $22,184 | $58,758 | $100,363 | $143,761 |
| Waltonville | $9,792 | $22,257 | $51,486 | $102,580 | $147,799 |
| Woodlawn | $12,278 | $32,217 | $75,984 | $126,639 | $173,751 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Jefferson County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Rive | $42 | $318 | $908 | $1,819 | $2,735 |
| Bluford | $19 | $149 | $761 | $1,651 | $2,572 |
| Bonnie | $0 | $135 | $533 | $1,212 | $2,089 |
| Dix | $29 | $166 | $836 | $1,773 | $2,781 |
| Mount Vernon | $140 | $450 | $1,206 | $2,616 | $4,183 |
| Opdyke | $58 | $266 | $969 | $1,938 | $2,958 |
| Waltonville | $25 | $212 | $697 | $1,567 | $2,578 |
| Woodlawn | $57 | $360 | $1,289 | $2,412 | $3,588 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Rive | 0.47% | 1.20% | 1.54% | 1.82% | 1.96% |
| Bluford | 0.39% | 0.81% | 1.57% | 1.82% | 1.95% |
| Bonnie | 0.00% | 0.76% | 1.30% | 1.64% | 1.92% |
| Dix | 0.88% | 0.85% | 1.42% | 1.75% | 1.93% |
| Mount Vernon | 0.99% | 1.73% | 1.98% | 2.30% | 2.41% |
| Opdyke | 0.60% | 1.20% | 1.65% | 1.93% | 2.06% |
| Waltonville | 0.26% | 0.95% | 1.35% | 1.53% | 1.74% |
| Woodlawn | 0.46% | 1.12% | 1.70% | 1.90% | 2.07% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Jefferson County
The median home price in Jefferson County, Illinois decreased by 6.15% from October 2022 to October 2023, from $213.0K to $199.9K. Home inventory in Jefferson County remained unchanged during this period. This indicates that the housing market in Jefferson County is stable, with no significant changes in home prices or inventory.
Average Home Value in Jefferson County, Illinois
Last updated: November 2023
Percent Change in Total Home Sales in Jefferson County
Last updated: November 2023
Percent Change in New Home Listings in Jefferson County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Jefferson County
Home mortgages in Jefferson County are a significant part of the local economy, with a total outstanding loan amount of $213.9M. This represents a significant portion of the total home value in the county, and demonstrates the importance of mortgages in the area. The number of outstanding loans in Jefferson County is 2.5K, indicating a high level of activity in the mortgage market.
The median mortgage rate in Jefferson County varies across cities, with Waltonville having the highest rate of 4.56%, and Belle Rive having the lowest rate of 4.21%. This variation in rates is indicative of the competitive nature of the mortgage market in Jefferson County, and suggests that borrowers should shop around for the best rate. Overall, mortgages in Jefferson County are an important part of the local economy, and borrowers should take advantage of the competitive market to find the best rate for their needs.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Jefferson County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Rive | $15,009 | $39,550 | $53,127 | $83,402 | $156,515 |
| Bluford | $15,297 | $38,489 | $59,769 | $84,722 | $109,695 |
| Bonnie | $17,078 | $26,028 | $51,704 | $77,452 | $101,251 |
| Dix | $18,150 | $43,530 | $57,701 | $92,097 | $154,156 |
| Mount Vernon | $22,780 | $43,282 | $69,649 | $108,091 | $153,482 |
| Opdyke | $23,683 | $35,561 | $66,834 | $103,761 | $137,500 |
| Waltonville | $21,307 | $34,665 | $63,478 | $95,386 | $128,454 |
| Woodlawn | $25,830 | $53,510 | $87,147 | $123,222 | $164,645 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Jefferson County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belle Rive | 2.80% | 3.10% | 4.21% | 5.77% | 6.50% |
| Bluford | 3.00% | 3.75% | 4.50% | 5.78% | 6.52% |
| Bonnie | 2.80% | 3.20% | 4.25% | 5.99% | 6.71% |
| Dix | 3.00% | 3.66% | 4.44% | 6.05% | 6.50% |
| Mount Vernon | 2.90% | 3.50% | 4.33% | 5.50% | 6.37% |
| Opdyke | 3.23% | 3.75% | 4.30% | 5.67% | 6.83% |
| Waltonville | 2.96% | 3.40% | 4.56% | 5.50% | 6.42% |
| Woodlawn | 3.10% | 3.74% | 4.36% | 5.02% | 6.12% |
Housing Expenses in Jefferson County, Illinois
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.