Mineral, Bureau County, Illinois Property Taxes
Property Taxes in Mineral, Illinois
Median Mineral, Illinois effective property tax rate: 2.13%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Mineral, Illinois home value: $69,486
Median annual Mineral, Illinois tax bill: $1,372, $1,028 lower than the national median property tax bill of $2,400.
How are property taxes in Bureau calculated?
Property taxes in Mineral, 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 Mineral's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Mineral, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Mineral, Bureau County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.13%
Estimate Property Tax Bill
$1,480
$1,373
How Does the Mineral Property Tax Calculator Work?
Use this Mineral property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Mineral's median effective tax rate of 2.13% — based on actual property records in Bureau 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 Mineral'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 Mineral: rates range from 2.13% in 61344 to 2.13% in 61344, 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 Mineral.
About Mineral Property Taxes
About Property Taxes in Mineral, Bureau, Illinois
Mineral's median effective property tax rate of 2.13% 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 and local taxing districts that shape property taxes across the city.
Property tax rates are not uniform across Mineral. Homeowners in the 61344 ZIP code carry a median effective rate of 2.13%, and the same ZIP code also has a median property tax bill of $1,372. Understanding your assessed value and local tax district can make a meaningful difference to your annual tax bill.
Mineral homeowners who believe their assessed value is too high can file a formal appeal with the Bureau County 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 Mineral, 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 Mineral'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 Mineral Tax Rate
2.13%
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 Mineral, Bureau County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61344 | 0.88% | 1.50% | 2.13% | 2.55% | 2.87% |
Source: Ownwell
Property Tax Assessment Values Across Mineral, Bureau County, Illinois
When examining property taxes in Mineral, 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 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 Bureau 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. The median home price in Mineral is $69,486, with tax bills centered at $1,372. Mineral’s median property tax bill is below the national median property tax bill of $2,400, and the county’s median tax bill is $1,372.
Property Tax Assessment Values Across Mineral, Bureau County, Illinois
Source: Ownwell
$46,100
$145,140
$244,179
Median Mineral Market Value
$69,486
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 Mineral, Bureau County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61344 | $28,634 | $43,662 | $69,486 | $98,718 | $131,620 |
Source: Ownwell
Property Tax Bills Across Mineral, Bureau County, Illinois
Property tax bills in Mineral are based on the assessed value of a home and the local tax rate set by taxing authorities in Bureau County. When a property’s market value changes, the assessed value can also change, which affects the final bill. Homeowners in Mineral may see different tax amounts depending on where they live within the city and which local services their taxes support.
The median home price in Mineral is $69,486, and the median property tax bill is $1,372. That is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. Tax bills can still vary widely, with the 25th percentile at $699 and the 75th percentile at $2,048. For higher-value or differently assessed homes, the 90th percentile reaches $2,862. These differences show how property taxes can affect homeowners unevenly, even within the same city.
Median Mineral Tax Bill
$1,372
Median Bureau County Tax Bill
$2,296
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Mineral, Bureau County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61344 | $375 | $699 | $1,372 | $2,048 | $2,862 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Bureau Tax Assessor | |
| Website | propertytaxonline.org |