Malden, Bureau County, Illinois Property Taxes
Property Taxes in Malden, Illinois
Median Malden, Illinois effective property tax rate: 2.02%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Malden, Illinois home value: $91,974
Median annual Malden, Illinois tax bill: $1,620, lower than the national median property tax bill of $2,400.
How are property taxes in Bureau calculated?
Property taxes in Malden, 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 Malden's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Malden, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Malden, Bureau County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.02%
Estimate Property Tax Bill
$1,858
$1,724
How Does the Malden Property Tax Calculator Work?
Use this Malden property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Malden's median effective tax rate of 2.02% — based on actual property records in Bureau County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Malden'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 Malden: rates range from 2.02% in 61337 to 2.02% in 61337, 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 Malden.
About Malden Property Taxes
About Property Taxes in Malden, Bureau, Illinois
Malden’s median effective property tax rate of 2.02% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Bureau County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Malden. Homeowners in the 61337 ZIP code carry a median effective rate of 2.02%, while those in the same ZIP also pay 2.02% at the median. This reflects how school district boundaries and local assessment districts are drawn across Bureau County, and understanding where you live can still help you better interpret your annual tax bill.
Malden homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the January 1, 1900 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 Malden, Bureau 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 Malden'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 Ă· 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 Malden Tax Rate
2.02%
Our median effective property tax rate (tax bill Ă· 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 Bureau County Tax Rate
2.27%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Malden, Bureau County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61337 | 1.07% | 1.62% | 2.02% | 2.28% | 2.52% |
Source: Ownwell
Property Tax Assessment Values Across Malden, Bureau County, Illinois
When examining property taxes in Malden, 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 Bureau County tax authority 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 Bureau County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Malden.
For example, the median home price in Malden is $91,974, with tax bills ranging significantly across the county. 61337 has the highest median home price at $91,974.
Property Tax Assessment Values Across Malden, Bureau County, Illinois
Source: Ownwell
$46,100
$145,140
$244,179
Median Malden Market Value
$91,974
Median Bureau County Market Value
$105,186
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Malden, Bureau County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61337 | $30,549 | $55,071 | $91,974 | $126,117 | $166,143 |
Source: Ownwell
Property Tax Bills Across Malden, Bureau County, Illinois
How are property tax bills calculated in Malden?
Property tax bills in Malden are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessed value to determine the final bill, so two homes with different assessments can owe very different amounts even if they are in the same area.
What factors are considered in the tax bill?
The main factors are the home’s assessed value, the local tax rate, and any exemptions that may reduce taxable value. With a median home price of $91,974, property taxes can still vary widely across homeowners. In Bureau County, the 25th percentile tax bill is $940, the median tax bill is $1,620, the 75th percentile is $2,598, and the 90th percentile is $3,379.
How does this affect homeowners?
Higher assessed values or higher tax rates can raise annual costs, while exemptions can help lower them. For many homeowners, the tax bill is a meaningful part of housing expenses and can affect affordability year to year.
Median Malden Tax Bill
$1,620
Median Bureau County Tax Bill
$2,296
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Malden, Bureau County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61337 | $395 | $940 | $1,620 | $2,598 | $3,379 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Bureau Tax Assessor | |
| Website | propertytaxonline.org |