61346 Property Tax Rate
New Bedford, Illinois · Part of Bureau County
Effective Tax Rate
1.22%
74.3% below state avgMedian Annual Tax
$900
$75/mo escrow
Estimate Your Tax
Annual Tax
$900
Monthly
$75
Eff. Rate
1.22%
How ZIP 61346 Compares
Median Annual Property Tax
ZIP 61346
1.22%
Effective rate
Illinois Avg
1.88%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Illinois
Lower than 93% of ZIP codes in Illinois(7th percentile, 1,317 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 61346
Property owners in ZIP code 61346 (New Bedford, Illinois) pay a median of $900/year in property taxes on homes valued at $73,800. This translates to an effective tax rate of 1.22%, which is 35% below the Illinois state average of 1.88%.
The monthly property tax burden for a median-valued home in 61346 is approximately $75, which factors into escrow payments on mortgages. This ZIP code is located within Bureau County. This is $2,601 less than the Illinois average of $3,501/year.
Compared to similar ZIP codes in Illinois, 61346 has lower property taxes. ZIP codes with similar effective rates include 61243 (1.22%) and 62865 (1.22%).
If you're considering purchasing a home in 61346, 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 Bureau County's tax assessor directly.
Frequently Asked Questions
What is the property tax rate in ZIP code 61346?
How much are property taxes in New Bedford, IL (61346)?
How does ZIP 61346 compare to the Illinois average?
What is the median home value in ZIP 61346?
What county is ZIP code 61346 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$792. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 61346 is part of Bureau County, Illinois. View the full county profile for broader context and more data.
View Bureau County on TaxByCounty →Similar ZIP Codes in Illinois
61243
-0.00%Deer Grove
1.22%
$2,683/yr
62865
+0.00%Mulkeytown
1.22%
$1,891/yr
62861
+0.01%Maunie
1.23%
$450/yr
62288
-0.01%Steeleville
1.21%
$2,020/yr
62953
-0.01%Joppa
1.21%
$533/yr
62006
-0.01%Batchtown
1.21%
$2,518/yr
61810
-0.01%Allerton
1.21%
$1,289/yr
60602
-0.01%Chicago
1.21%
$4,626/yr
62045
+0.01%Hamburg
1.23%
$2,042/yr
62079
-0.02%Piasa
1.20%
$2,813/yr
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.