Walshville, Montgomery County, Illinois Property Taxes
Property Taxes in Walshville, Illinois
Median Walshville, Illinois effective property tax rate: 2.63%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Walshville, Illinois home value: $102,870
Median annual Walshville, Illinois tax bill: $2,749, $349 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Walshville, 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 Walshville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walshville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Walshville, Montgomery County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.63%
Estimate Property Tax Bill
$2,705
$2,511
How Does the Walshville Property Tax Calculator Work?
Use this Walshville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Walshville's median effective tax rate of 2.63% — based on actual property records in Montgomery County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Walshville'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 Walshville: rates are the same across ZIP code 62091, primarily due to local assessment differences and taxing districts. Walshville's median tax rate is higher than the 1.02% national median property tax rate and higher than the 2.33% state median tax rate.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Walshville.
About Walshville Property Taxes
About Property Taxes in Walshville, Montgomery, Illinois
Walshville's median effective property tax rate of 2.63% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Montgomery 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 Walshville. Homeowners in the 62091 ZIP code carry a median effective rate of 2.63%, while those in 62091 pay 2.63%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Walshville you live in can make a meaningful difference to your annual tax bill.
Walshville homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Walshville, Montgomery 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 Walshville'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 Walshville Tax Rate
2.63%
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 Montgomery County Tax Rate
2.68%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Walshville, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62091 | 1.40% | 2.10% | 2.63% | 2.93% | 3.25% |
Source: Ownwell
Property Tax Assessment Values Across Walshville, Montgomery County, Illinois
When examining property taxes in Walshville, 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 Montgomery 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 Montgomery County, assessment notices are sent in the spring each year. They'll 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. 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 Walshville.
For example, the median home price in Walshville is $102,870, with tax bills ranging significantly across the county. ZIP code 62091 has the highest median home price at $102,870.
Property Tax Assessment Values Across Walshville, Montgomery County, Illinois
Source: Ownwell
$64,395
$112,488
$160,581
Median Walshville Market Value
$102,870
Median Montgomery County Market Value
$101,482
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Walshville, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62091 | $17,662 | $55,044 | $102,870 | $151,485 | $202,440 |
Source: Ownwell
Property Tax Bills Across Walshville, Montgomery County, Illinois
Property tax bills in Walshville are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value determined by the county. For homeowners, that means the final bill depends on both how much the property is worth and how local taxing bodies set their rates.
With a median home price of $102,870, tax bills can vary widely across the city. The 25th percentile tax bill is $1,342, while the 75th percentile reaches $4,338 and the 90th percentile climbs to $5,991. The median tax bill in the area is $2,749, which is above the national median property tax bill of $2,400.
These differences can have a real impact on household budgets, especially for owners whose assessed values rise faster than expected. Because property taxes are tied to value and local rates, even similar homes can face very different bills.
Median Walshville Tax Bill
$2,749
Median Montgomery County Tax Bill
$2,749
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Walshville, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62091 | $663 | $1,342 | $2,749 | $4,338 | $5,991 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | montgomeryil.devnetwedge.com |