Metamora, Woodford County, Illinois Property Taxes
Property Taxes in Metamora, Illinois
Median Metamora, Illinois effective property tax rate: 2.52%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Metamora, Illinois home value: $190,602
Median annual Metamora, Illinois tax bill: $4,628, higher than the national median property tax bill of $2,400.
How are property taxes in Woodford County calculated?
Property taxes in Metamora, 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 Metamora's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Metamora, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Metamora, Woodford County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.52%
Estimate Property Tax Bill
$4,803
$4,457
How Does the Metamora Property Tax Calculator Work?
Use this Metamora property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Metamora's median effective tax rate of 2.52% — based on actual property records in Woodford 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 Metamora's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Metamora's median effective property tax rate is higher than the Illinois median rate of 2.33% and the national median rate of 1.02%. The median property tax bill is $4,628, which is $2,228 higher than the Illinois median bill.
Your bill may vary by ZIP code within Metamora: rates range from 2.52% in 61548 to 2.52% in 61548, 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 Metamora.
About Metamora Property Taxes
About Property Taxes in Metamora, Woodford, Illinois
Metamora’s median effective property tax rate of 2.52% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Woodford County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Metamora. Homeowners in the 61548 ZIP code carry a median effective rate of 2.52%, while those in the same ZIP also pay 2.52%. This reflects how school district boundaries and local assessment districts are drawn across Woodford County. Understanding where your home is located can make a meaningful difference to your annual tax bill.
Metamora 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 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 Metamora, Woodford 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 Metamora'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 Metamora Tax Rate
2.52%
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 Woodford County Tax Rate
2.39%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Metamora, Woodford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61548 | 2.12% | 2.35% | 2.52% | 2.74% | 3.05% |
Source: Ownwell
Property Tax Assessment Values Across Metamora, Woodford County, Illinois
When examining property taxes in Metamora, 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 Woodford 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 Woodford 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. 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 Metamora.
For example, the median home price in Metamora is $190,602, with tax bills ranging significantly across the county. 61548 has the highest median home price at $190,602.
Property Tax Assessment Values Across Metamora, Woodford County, Illinois
Source: Ownwell
$93,177
$198,399
$303,621
Median Metamora Market Value
$190,602
Median Woodford County Market Value
$166,185
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Metamora, Woodford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61548 | $7,535 | $113,304 | $190,602 | $272,913 | $363,867 |
Source: Ownwell
Property Tax Bills Across Metamora, Woodford County, Illinois
Metamora Property Tax Bills
Property tax bills in Metamora are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much a homeowner owes each year, so changes in market conditions can affect the final bill.
Several factors influence the amount due, including the home’s value, local tax rates, and how the property is classified. In Woodford County, the median property tax bill is $4,628, which is above the national median property tax bill of $2,400 and reflects a higher-than-average tax burden for many homeowners.
For homeowners, this means property taxes can be a significant ongoing expense. A higher assessed value can lead to a larger bill, while a lower assessment may reduce what is owed.
Median Metamora Tax Bill
$4,628
Median Woodford County Tax Bill
$3,784
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Metamora, Woodford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61548 | $238 | $2,621 | $4,628 | $6,878 | $9,155 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Woodford Tax Assessor | |
| Website | woodfordil.devnetwedge.com |