Saint Joseph, Champaign County, Illinois Property Taxes

Name: Property Tax Bills Across Saint Joseph, Champaign County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Saint Joseph, IL effective property tax rate: 2.18%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Saint Joseph, IL home value: $190,740
Median annual Saint Joseph, IL tax bill: $4,023, $1,623 higher than the national median property tax bill of $2,400.

How are property taxes in Champaign County calculated?

Property taxes in Saint Joseph, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Saint Joseph’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Saint Joseph, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Saint Joseph, Champaign County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$4,158

$3,859

Ownwell’s Saint Joseph Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saint Joseph with just two data points. By entering your property's estimated assessed value, our calculator applies Saint Joseph’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Champaign County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Saint Joseph, Champaign County, Illinois

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Saint Joseph’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Saint Joseph, located in Champaign County, has a median property tax rate of 2.18%, significantly higher than the national median of 1.02%. This suggests that homeowners in Saint Joseph may face higher property tax bills compared to many other parts of the country. Understanding these rates is crucial for homeowners considering a property tax appeal or seeking exemptions. By analyzing the local tax landscape, property owners can make informed decisions to potentially reduce their tax burden.

Property Tax Rates Across Saint Joseph, Champaign County, Illinois

Source: Ownwell

1.72%

2.45%

3.17%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Saint Joseph Taxx Rate

2.18%

Median Effective Champaign County Taxx Rate

2.54%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Saint Joseph, Champaign County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61873	1.85%	2.04%	2.18%	2.27%	2.40%

Source: Ownwell

Property Tax Assessment Values Across Saint Joseph, Champaign County, Illinois

When examining property taxes in Saint Joseph, Illinois, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Champaign County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: Champaign County sends assessment notices in the spring each year, typically reaching your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Saint Joseph.

For example, the median home price in Saint Joseph is $190,740, with tax bills ranging significantly across the county. Zip code 61873 has the highest median home price at $190,740.

Property Tax Assessment Values Across Saint Joseph, Champaign County, Illinois

Source: Ownwell

$64,275

$153,698

$243,120

Median Saint Joseph Market Value

$190,740

Median Champaign County Market Value

$152,850

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Saint Joseph, Champaign County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61873	$111,030	$148,942	$190,740	$234,735	$297,030

Source: Ownwell

Property Tax Bills Across Saint Joseph, Champaign County, Illinois

In Saint Joseph, Champaign County, IL, property tax bills are calculated based on the assessed value of a home. The local government assesses the property's market value and applies the county’s tax rate to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in this region face a median property tax bill of $4,023, significantly higher than the national median of $2,400. With bills ranging from $2,956 at the 25th percentile to $6,690 at the 90th percentile, the financial burden on homeowners can be substantial.

Ownwell can assist homeowners in reducing their property tax bills by identifying potential errors in assessment, ensuring the property is not overvalued. By leveraging expert knowledge and experience, Ownwell can file appeals and exemptions on behalf of homeowners, potentially leading to significant savings. This service not only helps in reducing financial strain but also ensures that homeowners pay only their fair share of property taxes.

Property Tax Bills Across Saint Joseph, Champaign County, Illinois

Source: Ownwell

$1,191

$3,485

$5,778

Median Saint Joseph Tax Bill

$4,023

Median Champaign County Tax Bill

$3,816

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Saint Joseph, Champaign County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61873	$2,098	$2,956	$4,023	$5,144	$6,690

Source: Ownwell