Kempton, Ford County, Illinois Property Taxes

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

Median Kempton, IL effective property tax rate: 2.79%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Kempton, IL home value: $75,870. Median annual Kempton, IL tax bill: $1,907, $493 lower than the national median property tax bill of $2,400. How are property taxes in Ford County calculated? Property taxes in Kempton, 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 Kempton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kempton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Kempton, Ford County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.79%

Estimate Property Tax Bill

$2,117

$1,964

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

Property Tax Rates Across Kempton, Ford County, Illinois

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget required to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While there are votes and laws involved in setting these rates and budgets, this is essentially how it works each year.

In Kempton, located in Ford County, Illinois, the effective property tax rate is a notable point of comparison. The median property tax rate in Illinois is 2.79%, which is considerably higher than the national median rate of 1.02%. This places Illinois among the states with the highest property tax rates in the country. Understanding how these rates compare can help property owners make informed decisions about their investments and potential appeals. By considering the local tax rate in Kempton and comparing it to state and national medians, property owners can better strategize their financial planning and tax appeal efforts.

Property Tax Rates Across Kempton, Ford County, Illinois

Source: Ownwell

2.27%

2.72%

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 Kempton Tax Rate

2.79%

Median Effective Ford County Tax Rate

2.52%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kempton, Ford County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60946	1.73%	2.30%	2.79%	3.04%	3.40%

Source: Ownwell

Property Tax Assessment Values Across Kempton, Ford County, Illinois

When examining property taxes in Kempton, 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 Ford 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 Ford 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 Kempton. For example, the median home price in Kempton is $75,870, with tax bills ranging significantly across the county. The 60946 zip code has the highest median home price at $75,870.

Property Tax Assessment Values Across Kempton, Ford County, Illinois

Source: Ownwell

$34,920

$115,628

$196,335

Median Kempton Market Value

$75,870

Median Ford County Market Value

$93,960

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kempton, Ford County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60946	$31,230	$47,550	$75,870	$145,890	$221,190

Source: Ownwell

Property Tax Bills Across Kempton, Ford County, Illinois

In Kempton, located in Ford County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Kempton is $75,870, and the property tax rate is applied to this assessed value to determine the tax bill. Factors such as local government budgets, school funding, and public services influence the tax rate. Homeowners in Kempton face a median tax bill of $1,907, which is lower than the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,085 and the 90th percentile at $6,453. This variation can have a considerable impact on homeowners' finances. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax bills. By analyzing property assessments and identifying potential discrepancies, Ownwell can assist homeowners in Kempton in achieving fairer tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Kempton, Ford County, Illinois

Source: Ownwell

$753

$3,138

$5,522

Median Kempton Tax Bill

$1,907

Median Ford County Tax Bill

$2,272

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Kempton, Ford County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60946	$617	$1,085	$1,907	$4,115	$6,453

Source: Ownwell