Washburn, Marshall County, Illinois Property Taxes
Property Taxes in Washburn, Illinois
Median Washburn, Illinois effective property tax rate: 2.97%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Washburn, Illinois home value: $125,392
Median annual Washburn, Illinois tax bill: $3,855, $1,455 higher than the national median property tax bill of $2,400.
How are property taxes in Marshall calculated?
Property taxes in Washburn, 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 Washburn's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Washburn, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Washburn, Marshall County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.97%
Estimate Property Tax Bill
$3,724
$3,456
How Does the Washburn Property Tax Calculator Work?
Use this Washburn property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Washburn's median effective tax rate of 2.97% — based on actual property records in Marshall 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 Washburn'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 Washburn: rates range from 2.97% in 61570 to 2.97% in 61570, 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 Washburn.
About Washburn Property Taxes
About Property Taxes in Washburn, Marshall, Illinois
Washburn’s median effective property tax rate of 2.97% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Marshall County levy and local taxing districts that shape what homeowners pay across the city.
Property tax rates are not uniform across Washburn. In this case, the median rate is 2.97% in the 61570 ZIP code, so there is no spread within the city based on the data provided. That means location within Washburn does not change the median tax rate here, but the rate itself remains well above the national median.
Washburn homeowners who believe their assessed value is too high can file a formal appeal with the Marshall County Tax Assessor before the June 1, 2026 deadline.
The median home price is $125,392, and the median tax bill is $3,855, which is $1,455 higher than the state median tax bill. If your 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 Washburn, Marshall 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 Washburn'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 Washburn Tax Rate
2.97%
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 Marshall County Tax Rate
2.89%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Washburn, Marshall County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61570 | 2.19% | 2.64% | 2.97% | 3.22% | 3.53% |
Source: Ownwell
Property Tax Assessment Values Across Washburn, Marshall County, Illinois
When examining property taxes in Washburn, 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 Marshall 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 are sent in the spring each year and typically reach your mailbox by the middle of the season. 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.
For example, the median home price in Washburn is $125,392, with tax bills ranging significantly across the county. Zip code 61570 has the highest median home price at $125,392.
Property Tax Assessment Values Across Washburn, Marshall County, Illinois
Source: Ownwell
$107,640
$138,990
$170,340
Median Washburn Market Value
$125,392
Median Marshall County Market Value
$135,138
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Washburn, Marshall County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61570 | $39,511 | $80,846 | $125,392 | $185,599 | $242,640 |
Source: Ownwell
Property Tax Bills Across Washburn, Marshall County, Illinois
Property tax bills in Washburn 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, this means the bill depends on both what the home is worth and how local taxing authorities set their rates. In Marshall County, the median home price is $125,392, and the median property tax bill is $3,855, which is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%.
Several factors can affect the final amount, including the assessed value, local tax rates, and any exemptions or appeals that may apply. Bills can vary widely, with the 25th percentile at $2,247 and the 75th percentile at $5,884, while the 90th percentile reaches $7,821. For homeowners, this can have a major impact on monthly housing costs and long-term affordability.
Median Washburn Tax Bill
$3,855
Median Marshall County Tax Bill
$3,953
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Washburn, Marshall County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61570 | $1,632 | $2,247 | $3,855 | $5,884 | $7,821 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Marshall Tax Assessor | |
| Website | propertytaxonline.org |