Delong, Knox County, Illinois Property Taxes

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

Median DELONG, IL effective property tax rate: 1.93%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median DELONG, IL home value: $41,790
Median annual DELONG, IL tax bill: $748, $1,652 lower than the national median property tax bill of $2,400.

How are property taxes in Knox calculated?

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

Last Updated March 1, 2025

Delong, Knox County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.93%

Estimate Property Tax Bill

$807

$748

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

Property Tax Rates Across Delong, Knox County, Illinois

Local government entities in each region set property tax rates, leading to significant variations within a state. This is primarily because each county annually estimates its budgetary needs to provide essential services and then divides this by the total value of all taxable properties within its boundaries. This calculation determines the property tax rate. Though the process involves votes and legislative measures, this is essentially how it operates each year.

In Delong, within Knox County, Illinois, the effective property tax rate is noticeably higher than the national median. This reflects the broader trend in Illinois, where property tax rates significantly exceed the national average. For instance, the median property tax rate in Illinois is nearly double the national median rate. This high rate impacts property owners, making it crucial for them to explore potential savings through tax appeals or exemptions. Comparing Delong’s effective property tax rate with other cities in Illinois, as well as the state and national medians, can provide valuable insights for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Delong, Knox County, Illinois

Source: Ownwell

0.27%

1.39%

2.52%

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 Delong Taxx Rate

1.93%

Median Effective Knox County Taxx Rate

2.31%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Delong, Knox County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61436	1.03%	1.56%	1.93%	2.57%	2.57%

Source: Ownwell

Property Tax Assessment Values Across Delong, Knox County, Illinois

When examining property taxes in DELONG, 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 Knox 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 Knox 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 DELONG.

For example, the median home price in DELONG is $41,790, with tax bills ranging significantly across the county. Zip code 61436 has the highest median home price at $41,790.

Property Tax Assessment Values Across Delong, Knox County, Illinois

Source: Ownwell

$41,790

$1,323,092

$2,604,393

Median Delong Market Value

$41,790

Median Knox County Market Value

$78,330

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Delong, Knox County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61436	$18,948	$29,760	$41,790	$52,770	$65,112

Source: Ownwell

Property Tax Bills Across Delong, Knox County, Illinois

In DELONG, located in Knox County, IL, property tax bills are derived from the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value. With a median home price of $41,790, homeowners in DELONG may see property tax bills ranging from $446 at the 25th percentile to $1,384 at the 90th percentile. The median tax bill stands at $748, which is significantly lower than the national median property tax bill of $2,400. This can be attributed to the relatively low home values in the area. However, even with lower tax bills, homeowners can still benefit from reducing their property tax burden. Ownwell offers expertise in property tax appeals and exemptions, helping homeowners navigate the complexities of the tax system. By analyzing property assessments and identifying potential savings, Ownwell ensures homeowners pay only their fair share, providing peace of mind and potential financial relief.

Property Tax Bills Across Delong, Knox County, Illinois

Source: Ownwell

$748

$4,362

$7,975

Median Delong Tax Bill

$748

Median Knox County Tax Bill

$1,699

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Delong, Knox County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61436	$261	$446	$748	$1,021	$1,384

Source: Ownwell