Lovington, Macon County, Illinois Property Taxes
Property Taxes in Lovington, Illinois
Median Lovington, Illinois effective property tax rate: 2.00%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Lovington, Illinois home value: $215,436
Median annual Lovington, Illinois tax bill: $4,773, higher than the national median property tax bill of $2,400.
How are property taxes in Macon calculated?
Property taxes in Lovington, 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 Lovington's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lovington, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Lovington, Macon County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2%
Estimate Property Tax Bill
$4,309
$3,998
How Does the Lovington Property Tax Calculator Work?
Use this Lovington property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Lovington's median effective tax rate of 2.00% — based on actual property records in Macon County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Lovington'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 Lovington: rates range from 2.00% in 61937 to 2.00% in 61937, 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 Lovington.
About Lovington Property Taxes
About Property Taxes in Lovington, Macon, Illinois
Lovington’s median effective property tax rate of 2.00% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Macon 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 Lovington. Homeowners in ZIP code 61937 carry a median effective rate of 2.00%, while those in the same ZIP code also pay 2.00% at the low end, showing no local spread in this data. Lovington’s median home price is $215,436, and the median property tax bill is $4,773, which is higher than the national median property tax bill of $2,400.
Lovington homeowners who believe their assessed value is too high can file a formal appeal with the Macon 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 Lovington, 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 Lovington'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 Lovington Tax Rate
2.00%
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 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 Lovington, Macon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61937 | 1.66% | 1.92% | 2.00% | 2.21% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Lovington, Macon County, Illinois
When examining property taxes in Lovington, 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 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 Macon County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. The median home price in Lovington is $215,436, with a median tax bill of $4,773. The highest median home price is in 61937 at $215,436.
Property Tax Assessment Values Across Lovington, Macon County, Illinois
Source: Ownwell
$77,131
$189,499
$301,866
Median Lovington Market Value
$215,436
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 Lovington, Macon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61937 | $115,435 | $144,478 | $215,436 | $258,488 | $392,075 |
Source: Ownwell
Property Tax Bills Across Lovington, Macon County, Illinois
Property tax bills in Lovington are calculated from the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, which means the final bill depends on both the property’s valuation and the tax rates set in Macon County and other local jurisdictions.
For homeowners, this can make a big difference from year to year. A higher assessed value can lead to a larger bill, while lower assessments may reduce what is owed. In Lovington, the median home price is $215,436, and the median property tax bill is $4,773 in ZIP code 61937. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Because property taxes are tied to assessed value, homeowners should review their assessments carefully. Even small changes in valuation can affect the amount due and influence long-term housing costs.
Median Lovington Tax Bill
$4,773
Median Macon County Tax Bill
$2,391
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Lovington, Macon County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61937 | $2,005 | $2,607 | $4,773 | $5,264 | $8,554 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Macon Tax Assessor | |
| Website | www.propertytax.maconcounty.illinois.gov |