Dixon, Illinois Property Taxes
Real Estate Values and Property Tax Valuation in Dixon, Illinois
Dixon has 760 properties with a cumulative value of $125.4M, representing 4.76% of all real estate value in Ogle County. Property taxes in Dixon totaled $2.8M, with an average homeowner paying $3,774 in property taxes compared to the county average of $3,677. The average property tax rate in Dixon is 2.27%, lower than the county average of 2.53%. Property taxes are 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 | |
|---|---|
| Ogle Assessor | (815) 732-1150 |
| Ogle Treasurer | (815) 732-1100 |
| 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 |
Reduce your property tax bill with Ownwell
Real Estate Statistics in Dixon, Illinois
Residential Property Tax by ZIP code in Dixon, Illinois
Property taxes in Dixon, Illinois are collected at an average rate of 2.27%, which is slightly lower than the average rate of 2.53% for Ogle County. This means that Dixon residents pay slightly less in property taxes than the rest of the county. However, property tax rates can vary significantly across different ZIP codes in Dixon. For example, the ZIP code 61021 has an effective property tax rate of 2.27%, while other ZIP codes may have higher or lower rates. This is because property values can vary significantly across different ZIP codes, and property taxes are based on the value of the property. Therefore, it is important to consider the property tax rate when looking at homes in different ZIP codes in Dixon.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each ZIP code in Dixon, Illinois. 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.
| ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61021 | $78,876 | $115,455 | $157,426 | $207,223 | $253,226 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each ZIP code in Dixon, Illinois.
| ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61021 | $1,349 | $2,309 | $3,524 | $4,831 | $6,279 |
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.
| ZIP Code | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61021 | 1.71% | 2.00% | 2.24% | 2.33% | 2.48% |
Reduce your property tax bill with Ownwell
Real Estate Values in Dixon, Illinois
We currently do not have this data but we are working to add this soon.
Average Home Value in Dixon, Illinois
Last updated: November 2023
Average home value over time in Dixon, Illinois
Last updated: November 2023
Total unique home listings in Dixon, Illinois
Last updated: November 2023
Reduce your property taxes every year with Ownwell!
Housing Expenses in Dixon, Illinois
Housing expenses are a major part of the average household budget in the state. In fact, housing expenses account for nearly one-third of total expenses for the average household. As inflation continues, housing expenses continue to rise, eating up an ever-increasing portion of the household budget. Property taxes are the second largest component of housing expenses for the average property owner in the state, making up a significant portion of the total housing expenses. As housing expenses continue to rise, it is important for households to budget carefully and plan for the future to ensure they can afford their housing expenses.
Monthly Consumer Expenses for Midwest region
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.