Essex, Kankakee County, Illinois Property Taxes

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

Median Essex, IL effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Essex, IL home value: $181,336
Median annual Essex, IL tax bill: $4,279, $1,879 higher than the national median property tax bill of $2,400.

How are property taxes in Kankakee calculated?

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

Last Updated March 1, 2025

Essex, Kankakee County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.57%

Estimate Property Tax Bill

$4,660

$4,325

Ownwell’s Essex Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Essex with just two data points.

By entering your property's estimated assessed value, our calculator applies Essex’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 Kankakee County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Essex, Kankakee 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 Essex’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

Essex, located in Kankakee County, Illinois, has a property tax landscape that stands out when compared to national figures. Illinois boasts one of the highest median property tax rates in the country, with Essex reflecting this trend. The effective property tax rate in Essex is significantly above the national median rate of 1.02%. This means that homeowners in Essex are likely to pay more in property taxes compared to the national average, which can impact overall affordability and cost of living. Understanding these differences is crucial for property owners and prospective buyers in Essex.

Property Tax Rates Across Essex, Kankakee County, Illinois

Source: Ownwell

2.56%

3.54%

4.53%

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 Essex Tax Rate

2.57%

Median Effective Kankakee County Tax Rate

3.07%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Essex, Kankakee County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60935	1.82%	2.17%	2.57%	3.08%	3.56%

Source: Ownwell

Property Tax Assessment Values Across Essex, Kankakee County, Illinois

When examining property taxes in Essex, 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 Kankakee 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 Kankakee 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 Essex. For example, the median home price in Essex is $181,336, with tax bills ranging significantly across the county. 60935 has the highest median home price at $181,336.

Property Tax Assessment Values Across Essex, Kankakee County, Illinois

Source: Ownwell

$49,746

$124,081

$198,416

Median Essex Market Value

$181,336

Median Kankakee County Market Value

$137,616

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Essex, Kankakee County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60935	$27,428	$92,180	$181,336	$250,540	$307,759

Source: Ownwell

Property Tax Bills Across Essex, Kankakee County, Illinois

In Essex, Kankakee County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. Homeowners in Essex experience a median property tax bill that is significantly higher than the national median of $2400. The 25th percentile tax bill in Essex is $2221, while the 75th percentile reaches $6207, indicating a wide range of tax liabilities. Factors influencing these bills include the property’s assessed value, local tax rates, and any applicable exemptions. The highest median tax bill in the area is $4279, which is notably above the national median property tax rate of 1.02%. This can place a considerable financial burden on homeowners. However, Ownwell offers a solution by providing expert property tax appeal and exemption services. By partnering with Ownwell, homeowners can potentially reduce their property tax bills, ensuring they only pay what is fair and equitable, thus easing the financial strain.

Property Tax Bills Across Essex, Kankakee County, Illinois

Source: Ownwell

$1,473

$3,969

$6,465

Median Essex Tax Bill

$4,279

Median Kankakee County Tax Bill

$4,151

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Essex, Kankakee County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60935	$784	$2,221	$4,279	$6,207	$7,676

Source: Ownwell