60962 Property Tax Rate

Property owners in ZIP code 60962 (Roberts, Illinois) pay a median of $1,444/year in property taxes on homes valued at $67,500. This translates to an effective tax rate of 2.14%, which is 14% above the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 60962 is approximately $120, which factors into escrow payments on mortgages. This ZIP code is located within Ford County. This is $2,057 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 60962 has lower property taxes. ZIP codes with similar effective rates include 61742 (2.14%) and 60531 (2.14%).

In Roberts, property taxes represent approximately 2.2% of the median household income of $65,000, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 60962, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Ford County's tax assessor directly.