Montrose, Jasper County, Illinois Property Taxes
Property Taxes in Montrose, Illinois
Median Montrose, Illinois effective property tax rate: 7.79%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Montrose, Illinois home value: $48,835
Median annual Montrose, Illinois tax bill: $3,527, $1,127 higher than the national median property tax bill of $2,400.
How are property taxes in Jasper calculated?
Property taxes in Montrose, 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 Montrose's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montrose, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montrose, Jasper County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
7.79%
Estimate Property Tax Bill
$3,804
$3,530
How Does the Montrose Property Tax Calculator Work?
Use this Montrose property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montrose's median effective tax rate of 7.79% — based on actual property records in Jasper County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Montrose'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 Montrose: rates range from 7.79% in 62445 to 7.79% in 62445, 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 Montrose.
About Montrose Property Taxes
About Property Taxes in Montrose, Jasper, Illinois
Montrose’s median effective property tax rate of 7.79% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Jasper 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 Montrose. Homeowners in ZIP code 62445 carry a median effective rate of 7.79%, while those in the same ZIP code also pay 7.79%. This spread of 0.00 percentage points reflects how school district boundaries and local assessment districts are drawn across Jasper County. Understanding where you live in Montrose can make a meaningful difference to your annual tax bill.
Montrose homeowners who believe their assessed value is too high can file a formal appeal with the Jasper County Tax Assessor before February 27, 2026. Notices are sent in January.
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 Montrose, Jasper 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 Montrose'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 Montrose Tax Rate
7.79%
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 Jasper County Tax Rate
7.35%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montrose, Jasper County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62445 | 3.92% | 6.77% | 7.79% | 8.30% | 9.05% |
Source: Ownwell
Property Tax Assessment Values Across Montrose, Jasper County, Illinois
When examining property taxes in Montrose, 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 Jasper 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 Jasper County, assessment notices are sent in January each year. They'll typically reach your mailbox by the middle of January.
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 Montrose.
For example, the median home price in Montrose is $48,835, with tax bills ranging significantly across the county. 62445 has the highest median home price at $48,835.
Property Tax Assessment Values Across Montrose, Jasper County, Illinois
Source: Ownwell
$22,760
$36,350
$49,940
Median Montrose Market Value
$48,835
Median Jasper County Market Value
$34,878
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montrose, Jasper County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62445 | $15,301 | $29,340 | $48,835 | $61,575 | $84,288 |
Source: Ownwell
Property Tax Bills Across Montrose, Jasper County, Illinois
Property tax bills in Montrose are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For homeowners in Jasper County, the size of the bill depends on how the home is valued, the tax rate set by local taxing authorities, and any exemptions that may reduce the taxable amount. With a median home price of $48,835, property taxes can still vary widely from one household to another.
The tax burden in Montrose is meaningful for many homeowners because the median property tax bill is $3,527, which is above the national median property tax bill of $2,400 and also higher than the national median property tax rate of 1.02%. Bills in the area range from $1,949 at the 25th percentile to $4,912 at the 75th percentile, with the 90th percentile reaching $6,524. These differences show how changes in assessed value and local rates can significantly affect what homeowners owe each year.
Median Montrose Tax Bill
$3,527
Median Jasper County Tax Bill
$2,236
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Montrose, Jasper County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62445 | $669 | $1,949 | $3,527 | $4,912 | $6,524 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 27 |
Links | |
|---|---|
| Jasper Tax Assessor | |
| Website | jasperil.devnetwedge.com |