Logan, Franklin County, Illinois Property Taxes
Property Taxes in Logan, Illinois
Median Logan, Illinois effective property tax rate: 2.26%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Logan, Illinois home value: $37,365
Median annual Logan, Illinois tax bill: $562, lower than the national median property tax bill of $2,400.
How are property taxes in Franklin calculated?
Property taxes in Logan, 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 Logan's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Logan, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Logan, Franklin County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.26%
Estimate Property Tax Bill
$844
$784
How Does the Logan Property Tax Calculator Work?
Use this Logan property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Logan's median effective tax rate of 2.26% — based on actual property records in Franklin County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal 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 Logan'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 Logan: rates range from 2.26% in 62856 to 2.26% in 62856, 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 Logan.
About Logan Property Taxes
About Property Taxes in Logan, Franklin, Illinois
Logan’s median effective property tax rate of 2.26% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Franklin 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 Logan. Homeowners in the 62856 ZIP code carry a median effective rate of 2.26%, while the same ZIP also reflects a median tax bill of $562. That consistency shows how local taxing districts can shape what homeowners pay, even within a single community.
Logan homeowners who believe their assessed value is too high can file a formal appeal with the Franklin County Tax Assessor before the June 1, 2026 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 Logan, Franklin 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 Logan'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 Logan Tax Rate
2.26%
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 Franklin County Tax Rate
2.43%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Logan, Franklin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62856 | 0.23% | 0.88% | 2.26% | 2.66% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Logan, Franklin County, Illinois
When examining property taxes in Logan, 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 Franklin County appraisal district 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 Franklin 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 Logan.
For example, the median home price in Logan is $37,365, with tax bills ranging significantly across the county. ZIP code 62856 has the highest median home price at $37,365.
Property Tax Assessment Values Across Logan, Franklin County, Illinois
Source: Ownwell
$29,422
$61,504
$93,585
Median Logan Market Value
$37,365
Median Franklin County Market Value
$58,980
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Logan, Franklin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62856 | $3,837 | $7,444 | $37,365 | $62,426 | $90,951 |
Source: Ownwell
Property Tax Bills Across Logan, Franklin County, Illinois
Property tax bills in Logan are based on the assessed value of a home and the local tax rates set by taxing authorities. The bill is determined by applying those rates to the property’s assessed market value, so changes in either the assessment or the rate can affect what a homeowner owes. With a median home price of $37,365, even modest shifts in value can influence the final tax bill.
For homeowners, this means property taxes are closely tied to how the home is valued and how local budgets are funded. In Franklin County, the 25th percentile tax bill is $61, while the 75th percentile is $1,638 and the 90th percentile is $1,900. The median tax bill in the highest and lowest ZIP code listed, 62856, is $562.00. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Logan homeowners often see lower bills, but the amount still depends on the assessed value and local tax rates.
Median Logan Tax Bill
$562
Median Franklin County Tax Bill
$1,556
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Logan, Franklin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62856 | $25 | $61 | $562 | $1,638 | $1,900 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Franklin Tax Assessor | |
| Website | franklinil.devnetwedge.com |