HonestCasa logoHonestCasa
All Tax Guides
Updated 2025 Tax Year

Jasper County
Property Tax Guide

Everything you need to know about property taxes in Jasper County, IL. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
Calculate Your True CostMortgage Calculator
Quick Facts
Tax Rate
Varies by district, typically around Illinois statewide average - exact rate depends on local taxing districts combination
Exemptions
4+ Available
Section 1

How Property Tax Works

Jasper County, Illinois operates under the state's property tax system, which funds essential local services including schools, townships, municipalities, and county operations. Property taxes are assessed annually based on the equalized assessed value (EAV) of real estate, with Illinois using approximately 33.33% of fair market value as the assessment ratio. The county follows Illinois' Property Tax Extension Limitation Law (PTELL), which limits annual tax levy increases.

Property tax rates in Jasper County vary significantly by location within the county due to different combinations of taxing districts, including school districts, municipalities, townships, fire protection districts, and other special service areas. The effective tax rate typically ranges around Illinois' statewide average of approximately 2.27%, though individual properties may experience higher or lower rates depending on their specific taxing district combination. Property owners receive tax bills covering multiple local government services, with the county serving as the collection agent that distributes funds to the appropriate taxing bodies.

Section 2

What Makes Up Your Tax Bill

Note: 2025 tax rates are not yet finalized. The following represents typical taxing components:

ComponentEstimated RateDescription
County General0.200% - 0.400%County operations, courthouse, sheriff
School Districts4.000% - 6.000%Local elementary and high school districts
Township0.100% - 0.300%Township road maintenance and services
Municipality0.500% - 1.500%City/village services (if applicable)
Community College0.200% - 0.400%Olney Central College district
Fire Protection0.100% - 0.500%Rural fire protection districts
Other Districts0.050% - 0.200%Library, park, drainage districts

Total Estimated Range: 5.150% - 9.300% (varies by specific location and taxing districts)

Rates apply to Equalized Assessed Value (EAV). Final rates for Tax Year 2025 will be determined after county board budget approval. Contact the Jasper County Clerk for current rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Jasper County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental property taxes in Jasper County are additional tax bills issued when there are significant changes to a property during the tax year. Common triggers include new construction completion, property ownership transfers that prompt reassessment, or corrections to previously assessed values. These supplemental taxes cover the difference between what was originally billed and what should have been billed based on the property's updated assessment.

The calculation uses the same tax rate as the original bill but applies it to the change in assessed value, prorated for the portion of the tax year affected. For example, if a $50,000 home addition is completed and assessed in March, the supplemental tax would apply the current year's tax rate to the increased assessed value for the remaining 9 months of the tax year. Supplemental bills are typically issued within 60-90 days of the triggering event and have separate due dates from regular property tax installments.

Example Calculation

Property Value: $300,000

  • Market Value: $300,000
  • Assessed Value (33.33%): $100,000
  • Less: Homestead Exemption: -$6,000
  • Net Taxable EAV: $94,000
  • Annual Tax (6.5% rate): $6,110
  • Monthly Escrow: $509

Property Value: $600,000

  • Market Value: $600,000
  • Assessed Value (33.33%): $200,000
  • Less: Homestead Exemption: -$6,000
  • Net Taxable EAV: $194,000
  • Annual Tax (6.5% rate): $12,610
  • Monthly Escrow: $1,051

Property Value: $1,000,000

  • Market Value: $1,000,000
  • Assessed Value (33.33%): $333,300
  • Less: Homestead Exemption: -$6,000
  • Net Taxable EAV: $327,300
  • Annual Tax (6.5% rate): $21,275
  • Monthly Escrow: $1,773

Note: Homestead Exemption requires annual application and is not automatic. Tax rates vary by specific taxing district combination.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Jasper County require property tax escrow accounts for borrowers with less than 20% down payment or those who choose this option for convenience. Lenders collect monthly escrow payments equal to 1/12th of the annual property tax bill plus insurance premiums. The escrow account covers both property tax installments due on June 1st and September 1st, with lenders typically maintaining a cushion of 2-3 months of payments.

Lenders perform annual escrow analyses to compare collected funds with actual tax bills paid, issuing refunds for overages or requiring additional payments for shortfalls. Property owners should verify their lender has current exemption and credit information to ensure accurate escrow calculations. Those paying directly without escrow must budget for the semi-annual payments and understand that missing payment deadlines results in penalties and potential tax sale proceedings.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Jasper County for 2025? A: Property taxes are due in two installments: June 1st and September 1st. If mailed, the first installment is due 30 days after the bill date.

Q: What tax credits are available and do I need to apply? A: The General Homestead Exemption reduces your equalized assessed value by $6,000 annually and REQUIRES APPLICATION. Senior citizens may qualify for additional credits. Contact the County Assessor's office for applications and deadlines.

Q: How does the Homestead Exemption work? A: The Homestead Exemption reduces your property's equalized assessed value by $6,000, which lowers your tax bill. This is NOT automatic - you must file an application annually by the deadline set by the county assessor.

Q: When are properties reassessed? A: Illinois follows a quadrennial (4-year) assessment cycle. Contact the County Assessor for your property's next scheduled reassessment year and appeal deadlines.

Q: What are the penalties for late payment? A: Late payments incur monthly penalties of 1.5% on unpaid amounts. Properties with delinquent taxes for multiple years may be subject to tax sale proceedings.

Q: Can I pay property taxes online? A: Contact the Jasper County Treasurer's office to inquire about online payment options and accepted payment methods.

Q: Why do tax rates vary within Jasper County? A: Different areas are served by different combinations of school districts, municipalities, townships, and special districts (fire, library, drainage), creating varying total tax rates across the county.

Q: How do I appeal my property assessment? A: Assessment appeals must be filed during the statutory appeal period, typically within 30 days of receiving your assessment notice. Contact the County Board of Review for forms and deadlines.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
SEPTEMBER 2025jaspercountyillinois.gov
02
FEBRUARY 2025jaspercountyillinois.gov
03
APRIL 2025jaspercountyillinois.gov
04
County
Jasper County Treasurer's Office - City of Newton, ILjaspercountyillinois.gov
05
Tax Doc
When do I have to pay my property taxes?tax.illinois.gov
06
Supervisor of Assessments - City of Newton, IL | Jasper ...jaspercountyillinois.gov
07
County
Jasper County Tax Officenacdashboard.nara.gov
08
Homestead Improvement Exemptionillinoisattorneygeneral.gov
09
MARCH 2025jaspercountyillinois.gov
10
State
Financial Statements and Supplementary Information April 30, ...jaspercountyillinois.gov
All sources verified as of 2025 Tax Year

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Run Your ScenarioTry Calculator

Free • No credit check • 2-minute estimate