62351 Property Tax Rate

Property owners in ZIP code 62351 (Mendon, Illinois) pay a median of $2,238/year in property taxes on homes valued at $150,700. This translates to an effective tax rate of 1.49%, which is 21% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 62351 is approximately $187, which factors into escrow payments on mortgages. This ZIP code is located within Adams County. This is $1,263 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 62351 has lower property taxes. ZIP codes with similar effective rates include 62930 (1.49%) and 61884 (1.49%).

In Mendon, property taxes represent approximately 3.0% of the median household income of $73,772, providing context for the relative tax burden on homeowners in this area.

Illinois's 7% annual cap on assessed value increases ensures your property tax grows predictably and cannot spiral upward with market trends. Adams County's General Homestead Exemption ($10,000 assessed value reduction) cuts taxes by approximately $156–$312 per year for owner-occupied homes. Register your homestead exemption with the Adams County Assessor's office within one month of closing to secure this tax break.