Carlock, Mclean County, Illinois Property Taxes
Property Taxes in Carlock, Illinois
Median Carlock, Illinois effective property tax rate: 1.98%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Carlock, Illinois home value: $183,201
Median annual Carlock, Illinois tax bill: $3,493, $1,093 higher than the national median property tax bill of $2,400.
How are property taxes in McLean calculated?
Property taxes in Carlock, 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 Carlock's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carlock, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Carlock, Mclean County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.98%
Estimate Property Tax Bill
$3,627
$3,366
How Does the Carlock Property Tax Calculator Work?
Use this Carlock property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Carlock's median effective tax rate of 1.98% — based on actual property records in McLean 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 Carlock'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 Carlock: rates range from 3493.00 in 61725 to 3493.00 in 61725, 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 Carlock.
About Carlock Property Taxes
About Property Taxes in Carlock, McLean, Illinois
Carlock's median effective property tax rate of 1.98% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the McLean County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Carlock. Homeowners in the 61725 ZIP code carry a median effective rate of 1.98%, while those in the same ZIP also pay 1.98%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across McLean County. Understanding which part of Carlock you live in can make a meaningful difference to your annual tax bill.
Carlock homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
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 Carlock, Mclean 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 Carlock'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 Carlock Tax Rate
1.98%
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 Mclean County Tax Rate
2.12%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Carlock, Mclean County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61725 | 1.60% | 1.86% | 1.98% | 2.07% | 2.26% |
Source: Ownwell
Property Tax Assessment Values Across Carlock, Mclean County, Illinois
When examining property taxes in Carlock, 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 McLean 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 McLean 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 Carlock.
For example, the median home price in Carlock is $183,201, with tax bills ranging significantly across the county. 61725 has the highest median home price at $183,201.
Property Tax Assessment Values Across Carlock, Mclean County, Illinois
Source: Ownwell
$63,309
$192,402
$321,495
Median Carlock Market Value
$183,201
Median Mclean County Market Value
$202,755
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carlock, Mclean County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61725 | $119,559 | $146,610 | $183,201 | $270,825 | $352,824 |
Source: Ownwell
Property Tax Bills Across Carlock, Mclean County, Illinois
Carlock property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing bodies then use that assessed value to determine how much each homeowner owes. The bill is shaped by several factors, including the home’s value, the tax rate set by local governments, and any exemptions that may reduce the amount due.
For homeowners in Carlock, this can mean a wide range of annual bills. The median home price is $183,201, while the 25th percentile tax bill is $2,754, the 75th percentile is $5,370, and the 90th percentile is $6,953. The median tax bill in ZIP code 61725 is $3,493. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, property taxes in Carlock can have a significant impact on household budgets.
Median Carlock Tax Bill
$3,493
Median Mclean County Tax Bill
$4,175
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Carlock, Mclean County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61725 | $2,027 | $2,754 | $3,493 | $5,370 | $6,953 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| McLean Tax Assessor | |
| Website | www.mcleancountyil.gov |