Forsyth, Macon County, Illinois Property Taxes
Property Taxes in Forsyth, Illinois
Median Forsyth, Illinois effective property tax rate: 2.36%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Forsyth, Illinois home value: $284,983
Median annual Forsyth, Illinois tax bill: $6,656, $4,256 higher than the national median property tax bill of $2,400.
How are property taxes in Macon calculated?
Property taxes in Forsyth, 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 Forsyth's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Forsyth, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Forsyth, Macon County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.36%
Estimate Property Tax Bill
$6,726
$6,241
How Does the Forsyth Property Tax Calculator Work?
Use this Forsyth property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Forsyth's median effective tax rate of 2.36% — based on actual property records in Macon 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 Forsyth'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 Forsyth: rates range from 2.36% in 62535 to 2.36% in 62535, 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 Forsyth.
About Forsyth Property Taxes
About Property Taxes in Forsyth, Macon, Illinois
Forsyth’s median effective property tax rate of 2.36% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Macon County 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 Forsyth. Homeowners in the 62535 ZIP code carry a median effective rate of 2.36%, while those in the same ZIP code also pay 2.36%. This reflects how school district boundaries and local assessment districts are drawn across Macon County. Understanding where you live in Forsyth can still matter for your annual tax bill.
Forsyth homeowners who believe their assessed value is too high can file a formal appeal with the 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 Forsyth, Macon 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 Forsyth'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 Forsyth Tax Rate
2.36%
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 Macon County Tax Rate
2.49%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Forsyth, Macon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62535 | 2.04% | 2.25% | 2.36% | 2.44% | 2.54% |
Source: Ownwell
Property Tax Assessment Values Across Forsyth, Macon County, Illinois
When examining property taxes in Forsyth, 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 Macon 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 Macon 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 Forsyth.
For example, the median home price in Forsyth is $284,983, with tax bills ranging significantly across the county. 62535 has the highest median home price at $284,983.
Property Tax Assessment Values Across Forsyth, Macon County, Illinois
Source: Ownwell
$77,131
$189,499
$301,866
Median Forsyth Market Value
$284,983
Median Macon County Market Value
$102,602
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Forsyth, Macon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62535 | $124,216 | $184,184 | $284,983 | $366,187 | $448,284 |
Source: Ownwell
Property Tax Bills Across Forsyth, Macon County, Illinois
Property tax bills in Forsyth 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 a homeowner owes to local taxing authorities, including schools, county services, and municipal needs. For a home with a median home price of $284,983, the property tax bill can vary widely depending on the exact assessment and any applicable exemptions.
In Forsyth, the median property tax bill is $6,656, which is well above the national median property tax bill of $2,400 and reflects the higher cost of homeownership in the area. Bills also vary across homeowners, with the 25th percentile at $4,021 and the 75th percentile at $8,799, while the 90th percentile reaches $10,829. This means property taxes can have a major impact on monthly housing costs and long-term affordability for homeowners.
Median Forsyth Tax Bill
$6,656
Median Macon County Tax Bill
$2,391
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Forsyth, Macon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62535 | $2,398 | $4,021 | $6,656 | $8,799 | $10,829 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Macon Tax Assessor | |
| Website | www.propertytax.maconcounty.illinois.gov |