61001 Property Tax Rate

Property owners in ZIP code 61001 (Apple River, Illinois) pay a median of $4,315/year in property taxes on homes valued at $260,800. This translates to an effective tax rate of 1.65%, which is 12% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 61001 is approximately $360, which factors into escrow payments on mortgages. This ZIP code is located within Jo Daviess County. This is $814 more than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 61001 has higher property taxes. ZIP codes with similar effective rates include 61560 (1.65%) and 60642 (1.66%).

In Apple River, property taxes represent approximately 5.7% of the median household income of $75,833, providing context for the relative tax burden on homeowners in this area.

Illinois caps assessed value growth at 7% per year, though Jo Daviess County reassesses to market value upon sale. Jo Daviess County offers a General Homestead Exemption of $10,000 off assessed value — submit your application to the Jo Daviess County Assessor by the filing deadline on your Supervisor's Notice. Contact the Jo Daviess County Assessor immediately after purchase to file your exemption and confirm your base year assessment.