Kenney, De Witt County, Illinois Property Taxes

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

Median Kenney, IL effective property tax rate: 2.25%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Kenney, IL home value: $119,019
Median annual Kenney, IL tax bill: $3,397, $997 higher than the national median property tax bill of $2,400.

How are property taxes in De Witt calculated?

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

Last Updated March 1, 2025

Kenney, De Witt County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.25%

Estimate Property Tax Bill

$2,678

$2,485

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

Property Tax Rates Across Kenney, De Witt County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation occurs 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. In Kenney, located in De Witt County, Illinois, the effective property tax rate is 2.25%, which stands significantly above the national median of 1.02%. This rate is consistent across the county, making it both the highest and lowest median tax rate in the area. Comparing this to the national landscape, residents in Kenney face a higher financial obligation when it comes to property taxes, with the median property tax bill often exceeding the national median of $2,400. Understanding these rates is crucial for property owners, as it impacts their overall financial planning and potential savings through property tax appeals and exemptions.

Property Tax Rates Across Kenney, De Witt County, Illinois

Source: Ownwell

1.89%

2.71%

3.53%

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 Kenney Tax Rate

2.25%

Median Effective De Witt County Tax Rate

2.10%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kenney, De Witt County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61749	1.82%	1.96%	2.25%	3.90%	7.59%

Source: Ownwell

Property Tax Assessment Values Across Kenney, De Witt County, Illinois

When examining property taxes in Kenney, 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 De Witt 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 De Witt County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Kenney.

For example, the median home price in Kenney is $119,019, with tax bills ranging significantly across the county. Zip code 61749 has the highest median home price at $119,019.

Property Tax Assessment Values Across Kenney, De Witt County, Illinois

Source: Ownwell

$99,259

$142,705

$186,151

Median Kenney Market Value

$119,019

Median De Witt County Market Value

$142,472

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kenney, De Witt County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61749	$65,424	$89,499	$119,019	$169,994	$282,301

Source: Ownwell

Property Tax Bills Across Kenney, De Witt County, Illinois

In Kenney, Illinois, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value. For homeowners in De Witt County, property tax bills can vary significantly. The median home price is $119,019, and tax bills range from the 25th percentile at $2,215 to the 90th percentile at $9,182. This variation can be attributed to differences in assessed values and local tax rates. The median property tax bill in this region is $3,397, which is higher than the national median of $2,400. High property taxes can place a financial burden on homeowners, affecting their overall housing affordability.

Ownwell offers a solution by helping homeowners appeal their property tax assessments. By identifying discrepancies in assessed values and ensuring accurate evaluations, Ownwell can potentially reduce tax bills. This service not only alleviates financial strain but also ensures homeowners pay only their fair share, optimizing their property investment.

Property Tax Bills Across Kenney, De Witt County, Illinois

Source: Ownwell

$3,183

$4,303

$5,423

Median Kenney Tax Bill

$3,397

Median De Witt County Tax Bill

$3,614

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Kenney, De Witt County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61749	$1,622	$2,215	$3,397	$6,262	$9,182

Source: Ownwell