Elliott, Ford County, Illinois Property Taxes
Property Taxes in Elliott, Illinois
Median Elliott, Illinois effective property tax rate: 1.99%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Elliott, Illinois home value: $77,520
Median annual Elliott, Illinois tax bill: $1,403, lower than the national median property tax bill of $2,400.
How are property taxes in Ford County calculated?
Property taxes in Elliott, 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 Elliott's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elliott, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elliott, Ford County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.99%
Estimate Property Tax Bill
$1,543
$1,432
How Does the Elliott Property Tax Calculator Work?
Use this Elliott property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elliott's median effective tax rate of 1.99% — based on actual property records in Ford County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Elliott'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 Elliott: rates range from 1.99% in 60933 to 1.99% in 60933, 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 Elliott.
About Elliott Property Taxes
About Property Taxes in Elliott, Ford, Illinois
Elliott's median effective property tax rate of 1.99% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Ford County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Elliott. Homeowners in the 60933 ZIP code carry a median effective rate of 1.99%, while those in the same ZIP code pay 1.99%. This spread reflects how school district boundaries and local assessment districts are drawn across Ford County. Understanding which part of Elliott you live in can make a meaningful difference to your annual tax bill.
Elliott homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
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 Elliott, Ford 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 Elliott'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 Elliott Tax Rate
1.99%
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 Ford County Tax Rate
2.39%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elliott, Ford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60933 | 0.79% | 1.50% | 1.99% | 2.31% | 2.64% |
Source: Ownwell
Property Tax Assessment Values Across Elliott, Ford County, Illinois
When examining property taxes in Elliott, 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 Ford 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 Ford 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 Elliott.
For example, the median home price in Elliott is $77,520, with tax bills ranging significantly across the county. 60933 has the highest median home price at $77,520.
Property Tax Assessment Values Across Elliott, Ford County, Illinois
Source: Ownwell
$38,805
$112,658
$186,510
Median Elliott Market Value
$77,520
Median Ford County Market Value
$108,705
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elliott, Ford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60933 | $24,324 | $48,750 | $77,520 | $111,960 | $133,932 |
Source: Ownwell
Property Tax Bills Across Elliott, Ford County, Illinois
Property tax bills in Elliott are calculated by applying local tax rates to a home’s assessed value, which is based on the market value of the property. For homeowners, that means the bill reflects both what the home is worth and the tax rates set by local taxing authorities in Ford County.
With a median home price of $77,520, bills can vary widely depending on the property and its location. The 25th percentile tax bill is $662, while the 75th percentile tax bill is $2,082. At the higher end, the 90th percentile tax bill reaches $3,021, showing how quickly costs can rise for homes with higher assessed values or in areas with higher tax rates.
For many homeowners, property taxes are a major ongoing expense that can affect monthly budgets and long-term affordability. In Elliott, understanding how assessed value and local rates work together is key to anticipating what a tax bill may look like each year.
Median Elliott Tax Bill
$1,403
Median Ford County Tax Bill
$2,483
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Elliott, Ford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60933 | $129 | $662 | $1,403 | $2,082 | $3,021 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Ford Tax Assessor | |
| Website | fordil.devnetwedge.com |