Teutopolis, Jasper County, Illinois Property Taxes
Property Taxes in Teutopolis, Illinois
Median Teutopolis, Illinois effective property tax rate: 7.86%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Teutopolis, Illinois home value: $47,722
Median annual Teutopolis, Illinois tax bill: $3,687, $1,287 higher than the national median property tax bill of $2,400.
How are property taxes in Jasper County calculated?
Property taxes in Teutopolis, 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 Teutopolis's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Teutopolis, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Teutopolis, Jasper County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
7.86%
Estimate Property Tax Bill
$3,751
$3,481
How Does the Teutopolis Property Tax Calculator Work?
Use this Teutopolis property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Teutopolis's median effective tax rate of 7.86% — based on actual property records in Jasper 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 Teutopolis'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 Teutopolis: rates range from 7.86% in 62467 to 7.86% in 62467, 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 Teutopolis.
About Teutopolis Property Taxes
About Property Taxes in Teutopolis, Jasper, Illinois
Teutopolis’s median effective property tax rate of 7.86% 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 Teutopolis. Homeowners in the 62467 ZIP code carry a median effective rate of 7.86%, while those in the same ZIP code pay 7.86%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Jasper County. Understanding which part of Teutopolis you live in can make a meaningful difference to your annual tax bill.
Teutopolis homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the February 27, 2026 deadline each year.
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 Teutopolis, 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 Teutopolis'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 Teutopolis Tax Rate
7.86%
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 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 Teutopolis, Jasper County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62467 | 4.62% | 7.10% | 7.86% | 8.27% | 8.99% |
Source: Ownwell
Property Tax Assessment Values Across Teutopolis, Jasper County, Illinois
When examining property taxes in Teutopolis, 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 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 Jasper County, assessment notices are sent in the spring 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 Teutopolis.
For example, the median home price in Teutopolis is $47,722, with tax bills ranging significantly across the county. 62467 has the highest median home price at $47,722.
Property Tax Assessment Values Across Teutopolis, Jasper County, Illinois
Source: Ownwell
$22,760
$36,350
$49,940
Median Teutopolis Market Value
$47,722
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 Teutopolis, Jasper County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62467 | $26,112 | $28,800 | $47,722 | $57,692 | $111,446 |
Source: Ownwell
Property Tax Bills Across Teutopolis, Jasper County, Illinois
Property tax bills in Teutopolis are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much tax the homeowner owes to local taxing authorities. Factors such as the home’s value, local tax rates, and any exemptions can all affect the final bill.
In Teutopolis, the median home price is $47,722, and the median property tax bill is $3,687. That figure is higher than the national median property tax bill of $2,400, which means homeowners here often face a heavier tax burden than the typical U.S. homeowner. Tax bills can vary widely, with the 25th percentile at $2,281, the 75th percentile at $4,668, and the 90th percentile reaching $6,327. For homeowners, this can have a meaningful impact on monthly housing costs and long-term affordability.
Median Teutopolis Tax Bill
$3,687
Median Jasper County Tax Bill
$2,236
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Teutopolis, Jasper County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62467 | $1,867 | $2,281 | $3,687 | $4,668 | $6,327 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 27 |
Links | |
|---|---|
| Jasper Tax Assessor | |
| Website | jasperil.devnetwedge.com |