Marietta, Mcdonough County, Illinois Property Taxes

Name: Property Tax Bills Across Marietta, Mcdonough County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Marietta, IL effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Marietta, IL home value: $47,613
Median annual Marietta, IL tax bill: $970, $1,430 lower than the national median property tax bill of $2,400.

How are property taxes in McDonough calculated?

Property taxes in Marietta, 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 Marietta's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marietta, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Marietta, Mcdonough County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$862

$800

Ownwell’s Marietta Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Marietta with just two data points. By entering your property's estimated assessed value, our calculator applies Marietta’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in McDonough County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Marietta, Mcdonough County, Illinois

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each year, counties estimate the budget necessary to provide essential services and then divide this by the total assessed value of all taxable property in their jurisdiction. This calculation determines the property tax rate.

While the process involves various votes and laws, this is essentially how it works annually. In Marietta, located in McDonough County, the effective property tax rate is notably higher than the national median of 1.02% and the median property tax bill of $2400. This means residents in Marietta may experience higher property tax bills compared to many other regions in the country.

By comparing Marietta’s effective property tax rate to other cities in Illinois, as well as the state and national medians, property owners can gain a clearer understanding of their tax obligations. This comparison is crucial for homeowners looking to manage their finances effectively and explore potential savings through property tax appeals or exemptions.

Property Tax Rates Across Marietta, Mcdonough County, Illinois

Source: Ownwell

1.70%

2.45%

3.19%

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 Marietta Tax Rate

1.81%

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 Marietta, Mcdonough County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61459	0.74%	1.44%	1.81%	2.71%	2.72%

Source: Ownwell

Property Tax Assessment Values Across Marietta, Mcdonough County, Illinois

When examining property taxes in Marietta, 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 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.

In McDonough County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Marietta. For example, the median home price in Marietta is $47,613, with tax bills ranging significantly across the county. 61459 has the highest median home price at $47,613.

Property Tax Assessment Values Across Marietta, Mcdonough County, Illinois

Source: Ownwell

$37,314

$69,338

$101,361

Median Marietta Market Value

$47,613

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 Marietta, Mcdonough County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61459	$38,335	$44,564	$47,613	$57,998	$134,798

Source: Ownwell

Property Tax Bills Across Marietta, Mcdonough County, Illinois

In Marietta, McDonough County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is a percentage of the property's market value, and the tax rate is applied to this assessed value to calculate the tax bill. Factors such as local government budgets and school district funding needs influence the tax rate. For homeowners in Marietta, the median property tax bill is $970, which is significantly lower than the national median of $2,400. However, tax bills can vary widely, with some homeowners paying as much as $3,001. This variance can impact homeowners' budgets and financial planning. Ownwell assists homeowners by identifying potential savings on property tax bills through appeals and exemptions. By analyzing the assessed value and ensuring it aligns with the market value, Ownwell helps homeowners reduce their tax burden, ensuring they only pay their fair share. This service can lead to substantial savings and financial relief for homeowners in Marietta.

Property Tax Bills Across Marietta, Mcdonough County, Illinois

Source: Ownwell

$602

$1,660

$2,717

Median Marietta Tax Bill

$970

Median Mcdonough County Tax Bill

$2,037

Median Illinois Tax Bill

$5,277

Median United States Tax Bill

$2,400

Property Tax Bills Across Marietta, Mcdonough County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61459	$333	$615	$970	$1,126	$3,001

Source: Ownwell