Palestine, Crawford County, Illinois Property Taxes
Median Palestine, IL effective property tax rate: 2.62%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Palestine, IL home value: $97,580. Median annual Palestine, IL tax bill: $2,526, $126 higher than the national median property tax bill of $2,400.
How are property taxes in Crawford calculated? Property taxes in Palestine, 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 Palestine’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Palestine, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Palestine, Crawford County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.62%
Estimate Property Tax Bill
$2,557
$2,372
Property Tax Rates Across Palestine, Crawford County, Illinois
Local government entities are responsible for setting tax rates, and these can vary significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the process followed each year.
In Palestine, located in Crawford County, Illinois, the effective property tax rate stands at 2.62%. This is notably higher than the national median property tax rate of 1.02%. The tax rate in Palestine is consistent across the region, reflecting the local government's approach to funding public services. When compared to other cities within Illinois and across the United States, Palestine's property tax rate is significantly above average. This higher rate underscores the importance of understanding local property tax assessments and exploring potential avenues for appealing or reducing tax liabilities.
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 Palestine Tax Rate
2.62%
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 Crawford County Tax Rate
2.38%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Palestine, Crawford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62451 | 1.92% | 2.25% | 2.62% | 3.07% | 3.23% |
Source: Ownwell
Property Tax Assessment Values Across Palestine, Crawford County, Illinois
When examining property taxes in Palestine, 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 Crawford 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 Crawford County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Palestine.
For example, the median home price in Palestine is $97,580, with tax bills ranging significantly across the county. Zip code 62451 has the highest median home price at $97,580.
Property Tax Assessment Values Across Palestine, Crawford County, Illinois
Source: Ownwell
$77,139
$105,467
$133,794
Median Palestine Market Value
$97,580
Median Crawford County Market Value
$84,633
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Palestine, Crawford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62451 | $32,337 | $53,527 | $97,580 | $171,976 | $223,087 |
Source: Ownwell
Property Tax Bills Across Palestine, Crawford County, Illinois
In Palestine, located in Crawford County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $97,580, homeowners in Palestine can expect property tax bills that vary significantly. The 25th percentile tax bill is $1,541, while the 75th percentile reaches $4,532, and the highest tax bill recorded is $5,921. These figures highlight how property taxes can pose a significant financial burden, especially when compared to the national median property tax bill of $2,400.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing assessed values and identifying potential discrepancies, Ownwell helps ensure that homeowners are not overpaying on their property taxes. This service can lead to substantial savings, offering peace of mind and financial relief to those burdened by high property tax bills.
Median Palestine Tax Bill
$2,526
Median Crawford County Tax Bill
$1,940
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Palestine, Crawford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62451 | $954 | $1,541 | $2,526 | $4,532 | $5,921 |
Source: Ownwell