Earlville, Lasalle County, Illinois Property Taxes
Median Earlville, IL effective property tax rate: 3.03%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Earlville, IL home value: $106,578
Median annual Earlville, IL tax bill: $2,862, $462 higher than the national median property tax bill of $2,400.
How are property taxes in LaSalle County calculated?
Property taxes in Earlville, IL 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 Earlville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Earlville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Earlville, Lasalle County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.03%
Estimate Property Tax Bill
$3,229
$2,997
Property Tax Rates Across Earlville, Lasalle County, Illinois
Local government entities set property tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget annually to provide essential 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, this is the annual process in a nutshell.
In Earlville, located in LaSalle County, Illinois, the effective property tax rate stands out compared to other cities in the state. With a median property tax rate of 3.03%, Earlville's rate is significantly higher than the national median property tax rate of 1.02%. Additionally, the median property tax bill in Earlville surpasses the national median of $2400. This difference highlights the importance of understanding local tax dynamics and seeking potential property tax appeal and exemption opportunities to mitigate costs.
By comparing Earlville's property tax rate to both state and national medians, property owners can better assess their tax obligations and explore ways to manage their property tax expenses effectively.
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 Earlville Tax Rate
3.03%
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 Lasalle County Tax Rate
3.01%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Earlville, Lasalle County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60518 | 1.25% | 2.87% | 3.03% | 3.03% | 3.03% |
Source: Ownwell
Property Tax Assessment Values Across Earlville, Lasalle County, Illinois
When examining property taxes in Earlville, IL, 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 LaSalle 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.
In LaSalle County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Earlville. For example, the median home price in Earlville is $106,578, with tax bills ranging significantly across the county. Zip code 60518 has the highest median home price at $106,578.
Property Tax Assessment Values Across Earlville, Lasalle County, Illinois
Source: Ownwell
$47,830
$136,637
$225,444
Median Earlville Market Value
$106,578
Median Lasalle County Market Value
$83,415
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Earlville, Lasalle County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60518 | $77,014 | $84,070 | $106,578 | $129,737 | $179,483 |
Source: Ownwell
Property Tax Bills Across Earlville, Lasalle County, Illinois
Median Earlville Tax Bill
$2,862
Median Lasalle County Tax Bill
$2,340
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Earlville, Lasalle County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60518 | $1,910 | $2,320 | $2,862 | $3,913 | $4,568 |
Source: Ownwell