Saint Elmo, Effingham County, Illinois Property Taxes

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

Median Saint Elmo, IL effective property tax rate: 1.60%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Saint Elmo, IL home value: $178,065
Median annual Saint Elmo, IL tax bill: $2,875, $475 higher than the national median property tax bill of $2,400.

How are property taxes in Effingham calculated?

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

Last Updated March 1, 2025

Saint Elmo, Effingham County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.6%

Estimate Property Tax Bill

$2,849

$2,644

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

Property Tax Rates Across Saint Elmo, Effingham County, Illinois

Local government entities determine tax rates, which can differ significantly within a state. The reason for this variation is that each county annually 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 Saint Elmo, located in Effingham County, Illinois, property tax rates reflect the county's budgetary needs and the total assessed value of properties within the area. The effective property tax rate in Effingham County stands at 1.60%, noticeably higher than the national median of 1.02%. This difference highlights the localized nature of property tax assessments and the importance of understanding how rates can vary not only from state to state but also within different regions of the same state.

Comparing Saint Elmo’s effective property tax rate with other cities in Illinois and the national median offers valuable insights into the local taxation landscape, emphasizing the need for property owners to stay informed about their specific tax obligations.

Property Tax Rates Across Saint Elmo, Effingham County, Illinois

Source: Ownwell

1.46%

1.62%

1.79%

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 Elmo Tax Rate

1.60%

Median Effective Effingham County Tax Rate

1.69%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Saint Elmo, Effingham County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62458	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Saint Elmo, Effingham County, Illinois

When examining property taxes in Saint Elmo, 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 Effingham 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:

In Effingham 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 Saint Elmo. For example, the median home price in Saint Elmo is $178,065, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Saint Elmo, Effingham County, Illinois

Source: Ownwell

$80,100

$142,005

$203,910

Median Saint Elmo Market Value

$178,065

Median Effingham County Market Value

$155,790

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Saint Elmo, Effingham County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62458	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Saint Elmo, Effingham County, Illinois

In Saint Elmo, located in Effingham County, IL, 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, which is influenced by factors such as location, size, and property condition. In Effingham County, the property tax bill for the 25th percentile is $1,703, while the 75th percentile reaches $3,284, with the 90th percentile at $4,158. These figures highlight the range of tax burdens homeowners might face, depending on their property's assessed value. Compared to the national median property tax bill of $2,400, homeowners in Saint Elmo may find themselves paying more or less, depending on their specific situation. Ownwell offers valuable services to help homeowners potentially reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell ensures that homeowners pay only their fair share, potentially saving them money and reducing their financial burden.

Property Tax Bills Across Saint Elmo, Effingham County, Illinois

Source: Ownwell

$1,221

$2,065

$2,908

Median Saint Elmo Tax Bill

$2,875

Median Effingham County Tax Bill

$2,476

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Saint Elmo, Effingham County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62458	N/A	N/A	N/A	N/A	N/A

Source: Ownwell