Bushnell, Mcdonough County, Illinois Property Taxes
Property Taxes in Bushnell, Illinois
Median Bushnell, Illinois effective property tax rate: 2.37%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Bushnell, Illinois home value: $61,126
Median annual Bushnell, Illinois tax bill: $1,324, lower than the national median property tax bill of $2,400.
How are property taxes in McDonough calculated?
Property taxes in Bushnell, 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 Bushnell's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bushnell, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bushnell, Mcdonough County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.37%
Estimate Property Tax Bill
$1,449
$1,344
How Does the Bushnell Property Tax Calculator Work?
Use this Bushnell property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bushnell's median effective tax rate of 2.37% — based on actual property records in McDonough County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bushnell'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 Bushnell: rates range from 2.37% in 61422 to 2.37% in 61422, 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 Bushnell.
About Bushnell Property Taxes
About Property Taxes in Bushnell, McDonough, Illinois
Bushnell's median effective property tax rate of 2.37% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the McDonough 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 Bushnell. Homeowners in the 61422 ZIP code carry a median effective rate of 2.37%, while those in the same ZIP also pay 2.37%. This reflects how school district boundaries and local assessment districts are drawn across McDonough County. Understanding which part of Bushnell you live in can make a meaningful difference to your annual tax bill.
Bushnell 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 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 Bushnell, Mcdonough 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 Bushnell'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 Bushnell Tax Rate
2.37%
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 Mcdonough County Tax Rate
2.96%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bushnell, Mcdonough County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61422 | 1.15% | 1.85% | 2.37% | 3.07% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Bushnell, Mcdonough County, Illinois
When examining property taxes in Bushnell, 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 McDonough 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 McDonough 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 Bushnell is $61,126, with tax bills ranging significantly across the county. ZIP code 61422 has the highest median home price at $61,126.
Property Tax Assessment Values Across Bushnell, Mcdonough County, Illinois
Source: Ownwell
$37,314
$69,338
$101,361
Median Bushnell Market Value
$61,126
Median Mcdonough County Market Value
$74,048
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bushnell, Mcdonough County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61422 | $23,337 | $41,738 | $61,126 | $82,298 | $116,220 |
Source: Ownwell
Property Tax Bills Across Bushnell, Mcdonough County, Illinois
Property tax bills in Bushnell are calculated by applying the local tax rate to a home’s assessed market value, then adjusting for any exemptions or special taxing districts. The assessed value is the starting point, and it is used to determine how much a homeowner owes each year. Because tax rates and assessments can change, the bill can rise even when a home’s market value stays relatively stable.
In Bushnell, the median home price is $61,126, and the median property tax bill is $1,324, which is below the national median property tax bill of $2,400. Tax bills in the area vary, with the 25th percentile at $786, the 75th percentile at $1,990, and the 90th percentile at $2,922. For homeowners, this means property taxes can have a meaningful impact on annual housing costs, especially when assessments increase or exemptions are limited.
Median Bushnell Tax Bill
$1,324
Median Mcdonough County Tax Bill
$2,037
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Bushnell, Mcdonough County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61422 | $398 | $786 | $1,324 | $1,990 | $2,922 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| McDonough Tax Assessor | |
| Website | mcdonoughil.devnetwedge.com |