Saint Augustine, Knox County, Illinois Property Taxes

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

Median Saint Augustine, IL effective property tax rate: 1.83%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median Saint Augustine, IL home value: $66,510. Median annual Saint Augustine, IL tax bill: $1,182, $1,218 lower than the national median property tax bill of $2,400.

How are property taxes in Knox calculated?

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

Last Updated March 1, 2025

Saint Augustine, Knox County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.83%

Estimate Property Tax Bill

$1,217

$1,129

Ownwell’s Saint Augustine Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saint Augustine with just two data points. By entering your property's estimated assessed value, our calculator applies Saint Augustine’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 Saint Augustine, Knox County, Illinois

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Saint Augustine, located in Knox County, the effective property tax rate is 1.83%. This figure is notably higher than the national median property tax rate of 1.02%. Illinois, known for its relatively high property tax rates, reflects this trend in Saint Augustine. The property tax rate here is consistent with the highest and lowest median tax rates within the state, both recorded at 1.83% in the same ZIP code.

Comparing Saint Augustine's effective property tax rate to other cities within Illinois and the U.S., it's evident that property taxes in this area are significantly above the national average. This underscores the importance of understanding local tax structures and seeking potential property tax appeal and exemption services to manage financial obligations effectively.

Property Tax Rates Across Saint Augustine, 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 Saint Augustine Tax Rate

1.83%

Median Effective Knox County Tax Rate

2.31%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Saint Augustine, Knox County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61474	0.25%	1.04%	1.83%	2.49%	2.71%

Source: Ownwell

Property Tax Assessment Values Across Saint Augustine, Knox County, Illinois

When examining property taxes in Saint Augustine, 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 Assessor's Office 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 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 Saint Augustine. For example, the median home price in Saint Augustine is $66,510, with tax bills ranging significantly across the county. 61474 has the highest median home price at $66,510.

Property Tax Assessment Values Across Saint Augustine, Knox County, Illinois

Source: Ownwell

$41,790

$1,323,092

$2,604,393

Median Saint Augustine Market Value

$66,510

Median Knox County Market Value

$78,330

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Saint Augustine, Knox County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61474	$19,992	$34,380	$66,510	$184,935	$1,624,973

Source: Ownwell

Property Tax Bills Across Saint Augustine, Knox County, Illinois

In Saint Augustine, Knox County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. Homeowners in this area face varying tax bills, with the 25th percentile at $561 and the 75th percentile at $3,131, reflecting the diversity in property values and tax rates. The highest median tax bill in the area is $1,182, which is below the national median property tax bill of $2,400. This indicates a relatively moderate tax burden for homeowners compared to the national average. However, property taxes can still be a significant expense. This is where Ownwell can assist homeowners by providing expert property tax appeal and exemption services. By reviewing property assessments and identifying potential errors or opportunities for exemptions, Ownwell helps clients save money on their property tax bills, ensuring they pay only what is fair and necessary.

Property Tax Bills Across Saint Augustine, Knox County, Illinois

Source: Ownwell

$748

$4,362

$7,975

Median Saint Augustine Tax Bill

$1,182

Median Knox County Tax Bill

$1,699

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Saint Augustine, Knox County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61474	$297	$561	$1,182	$3,131	$6,535

Source: Ownwell