Roodhouse, Morgan County, Illinois Property Taxes

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

Median Roodhouse, IL effective property tax rate: 1.51%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Roodhouse, IL home value: $82,650
Median annual Roodhouse, IL tax bill: $775, $1,625 lower than the national median property tax bill of $2,400.

How are property taxes in Morgan calculated?

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

Last Updated March 1, 2025

Roodhouse, Morgan County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.51%

Estimate Property Tax Bill

$1,248

$1,158

Ownwell’s Roodhouse Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Roodhouse with just two data points. By entering your property's estimated assessed value, our calculator applies Roodhouse’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 Morgan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Roodhouse, Morgan County, Illinois

Local government entities are responsible for setting tax rates, which can vary significantly across a state. This variability arises because each county annually estimates its budgetary needs to provide essential services and divides that by the total value of all taxable properties within its borders. This calculation ultimately determines the property tax rate. Although setting tax rates and budgets involves votes and legal frameworks, this is the fundamental process that occurs each year.

Now, let's examine Roodhouse’s effective property tax rate in comparison to other cities in Illinois, as well as the median property tax rates in Illinois and across the United States. Roodhouse, located in Morgan County, has an effective property tax rate that is higher than the national median rate of 1.02%. This means homeowners in Roodhouse might face higher property tax bills compared to the national average. When considering property taxes in Illinois, it’s essential to understand these local differences to make informed decisions about property ownership and investments.

Property Tax Rates Across Roodhouse, Morgan County, Illinois

Source: Ownwell

1.51%

2.01%

2.51%

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 Roodhouse Tax Rate

1.51%

Median Effective Morgan County Tax Rate

2.08%

Median Effective Illinois Tax Rate

2.33%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Roodhouse, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62082	0.64%	0.97%	1.51%	2.00%	2.16%

Source: Ownwell

Property Tax Assessment Values Across Roodhouse, Morgan County, Illinois

When examining property taxes in Roodhouse, 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 Morgan 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 Morgan County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Roodhouse. For example, the median home price in Roodhouse is $82,650, with tax bills ranging significantly across the county. Zip code 62082 has the highest median home price at $82,650.

Property Tax Assessment Values Across Roodhouse, Morgan County, Illinois

Source: Ownwell

$49,485

$105,413

$161,340

Median Roodhouse Market Value

$82,650

Median Morgan County Market Value

$107,895

Median Illinois Market Value

$227,888

Median United States Market Value

$235,294

Property Tax Assessment Values Across Roodhouse, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62082	$26,904	$45,300	$82,650	$109,605	$172,878

Source: Ownwell

Property Tax Bills Across Roodhouse, Morgan County, Illinois

In Roodhouse, located in Morgan County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the final tax bill. Factors such as the home's location, size, and any applicable exemptions play a role in this calculation. With a median home price of $82,650, homeowners in Roodhouse face a range of property tax bills, from as low as $445 at the 25th percentile to $3,461 at the 90th percentile. The median tax bill in this area is $775, which is significantly lower than the national median property tax bill of $2,400. This can be advantageous for homeowners, but there is still potential for savings. Ownwell offers property tax appeal services that can help homeowners in Roodhouse lower their tax bills. By analyzing local tax assessments and identifying discrepancies, Ownwell ensures homeowners pay only their fair share, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Roodhouse, Morgan County, Illinois

Source: Ownwell

$775

$2,123

$3,471

Median Roodhouse Tax Bill

$775

Median Morgan County Tax Bill

$2,129

Median Illinois Tax Bill

$5,277

Median United States Tax Bill

$2,400

Property Tax Bills Across Roodhouse, Morgan County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62082	$358	$445	$775	$1,852	$3,461

Source: Ownwell