Versailles, Brown County, Illinois Property Taxes
Property Taxes in Versailles, Illinois
Median Versailles, Illinois effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Versailles, Illinois home value: $85,500
Median annual Versailles, Illinois tax bill: $2,310, $90 lower than the national median property tax bill of $2,400.
How are property taxes in Brown calculated?
Property taxes in Versailles, 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 Versailles's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Versailles, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Versailles, Brown County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.89%
Estimate Property Tax Bill
$2,471
$2,293
How Does the Versailles Property Tax Calculator Work?
Use this Versailles property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Versailles's median effective tax rate of 2.89% — based on actual property records in Brown County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Versailles's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Versailles's median effective tax rate is higher than Illinois's 2.33% state median tax rate and the national median property tax rate of 1.02%. The city's median property tax bill is $2,310, which is $90 lower than the state median bill and below the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Versailles.
About Versailles Property Taxes
About Property Taxes in Versailles, Brown, Illinois
Versailles’s median effective property tax rate of 2.89% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Brown County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Versailles. Homeowners in the 62378 ZIP code carry a median effective rate of 2.89%, while those in the same ZIP code also pay 2.89%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Brown County. Understanding which part of Versailles you live in can make a meaningful difference to your annual tax bill.
Versailles homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the deadline each year.
If your estimated bill above 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 Versailles, Brown 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 Versailles'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 Versailles Tax Rate
2.89%
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 Brown County Tax Rate
2.76%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Versailles, Brown County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62378 | 1.85% | 2.41% | 2.89% | 3.17% | 3.37% |
Source: Ownwell
Property Tax Assessment Values Across Versailles, Brown County, Illinois
When examining property taxes in Versailles, 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 Brown 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:
In Brown County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Versailles.
For example, the median home price in Versailles is $85,500, with tax bills ranging significantly across the county. 62378 has the highest median home price at $85,500.
Property Tax Assessment Values Across Versailles, Brown County, Illinois
Source: Ownwell
$63,202
$90,979
$118,755
Median Versailles Market Value
$85,500
Median Brown County Market Value
$91,365
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Versailles, Brown County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62378 | $18,014 | $45,405 | $85,500 | $123,191 | $190,575 |
Source: Ownwell
Property Tax Bills Across Versailles, Brown County, Illinois
How are property tax bills calculated in Versailles?
Property tax bills in Versailles are based on the assessed value of a home and the local tax rate set by taxing authorities. The assessed value is determined from the market value of the property, and that figure is used to calculate the amount owed each year. Factors such as the home’s value and the applicable tax rate both play a role in the final bill.
What affects homeowners in Versailles?
With a median home price of $85,500, property taxes can have a meaningful impact on homeowners, especially when values rise. The median property tax bill in Brown County is $2,310, which is below the national median property tax bill of $2,400 and slightly below the national median property tax rate of 1.02%. Bills vary widely, with the 25th percentile at $1,335, the 75th percentile at $3,513, and the 90th percentile at $5,463. This means some homeowners pay much less, while others face significantly higher annual property tax bills.
Median Versailles Tax Bill
$2,310
Median Brown County Tax Bill
$2,451
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Versailles, Brown County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62378 | $628 | $1,335 | $2,310 | $3,513 | $5,463 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Brown Tax Assessor | |
| Website | brownil.devnetwedge.com |