Xenia, Clay County, Illinois Property Taxes

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

Median Xenia, IL effective property tax rate: 1.83%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Xenia, IL home value: $41,679
Median annual Xenia, IL tax bill: $659, $1,741 lower than the national median property tax bill of $2,400.

How are property taxes in Clay calculated?

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

Last Updated March 1, 2025

Xenia, Clay County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.83%

Estimate Property Tax Bill

$763

$708

Ownwell’s Xenia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Xenia with just two data points. By entering your property's estimated assessed value, our calculator applies Xenia’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 Clay County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Xenia, Clay County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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 Xenia’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Property Tax Rates Across Xenia, Clay County, Illinois

Source: Ownwell

1.45%

1.70%

1.94%

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 Xenia Taxx Rate

1.83%

Median Effective Clay County Taxx Rate

1.78%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Xenia, Clay County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62899	0.35%	1.02%	1.83%	2.31%	2.85%

Source: Ownwell

Property Tax Assessment Values Across Xenia, Clay County, Illinois

When examining property taxes in Xenia, IL, 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 Clay 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.

In Clay County, assessment notices are sent in the spring each year. They’ll typically reach 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 Xenia. For example, the median home price in Xenia is $41,679, with tax bills ranging significantly across the county. Zip code 62899 has the highest median home price at $41,679.

Property Tax Assessment Values Across Xenia, Clay County, Illinois

Source: Ownwell

$29,055

$39,255

$49,455

Median Xenia Market Value

$41,679

Median Clay County Market Value

$42,012

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Xenia, Clay County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62899	$13,646	$23,330	$41,679	$83,216	$109,826

Source: Ownwell

Property Tax Bills Across Xenia, Clay County, Illinois

In Xenia, located in Clay County, IL, property taxes are calculated based on the assessed value of a home, which is typically a percentage of the market value. The median home price here stands at $41,679, which is significantly lower than the national average. Homeowners in Xenia can expect property tax bills to vary, with the 25th percentile at $206 and the 75th percentile reaching $1,511. The highest median tax bill in the area is $659, found in the 62899 zip code. These figures indicate that while property taxes in Xenia may be more manageable compared to the national median property tax bill of $2,400, they can still pose a financial challenge for some homeowners. Ownwell assists homeowners in reducing their property tax bills by identifying potential savings through appeals and exemptions. By leveraging local expertise and thorough analysis, Ownwell aims to ensure homeowners pay only their fair share, helping them save money and alleviate financial burdens associated with property taxes.

Property Tax Bills Across Xenia, Clay County, Illinois

Source: Ownwell

$334

$583

$832

Median Xenia Tax Bill

$659

Median Clay County Tax Bill

$639

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Xenia, Clay County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62899	$66	$206	$659	$1,511	$2,336

Source: Ownwell