Saint Francisville, Lawrence County, Illinois Property Taxes

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

Median SAINT FRANCISVILLE, IL effective property tax rate: 2.55%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median SAINT FRANCISVILLE, IL home value: $24,171
Median annual SAINT FRANCISVILLE, IL tax bill: $682, $1,718 lower than the national median property tax bill of $2,400.

How are property taxes in Lawrence calculated?

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

Last Updated March 1, 2025

Saint Francisville, Lawrence County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.55%

Estimate Property Tax Bill

$616

$572

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

Property Tax Rates Across Saint Francisville, Lawrence County, Illinois

Local government entities set property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines 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 Francisville, located in Lawrence County, IL, the effective property tax rate is 2.55%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities within Illinois, Saint Francisville's rate is consistent with the highest in the state, illustrating the diverse range of property tax rates across different regions. The median property tax rate in Illinois also reflects this diversity. Understanding these rates can be crucial for property owners looking to manage expenses effectively. By comparing Saint Francisville's property tax rate to both state and national figures, property owners can gain valuable insight into their tax obligations and explore potential savings through property tax appeals and exemptions.

Property Tax Rates Across Saint Francisville, Lawrence County, Illinois

Source: Ownwell

2.06%

3.13%

4.19%

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 Francisville Taxx Rate

2.55%

Median Effective Lawrence County Taxx Rate

3.07%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Saint Francisville, Lawrence County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62460	1.79%	2.54%	2.55%	5.78%	7.68%

Source: Ownwell

Property Tax Assessment Values Across Saint Francisville, Lawrence County, Illinois

When examining property taxes in Saint Francisville, Illinois, 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 Lawrence 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 Lawrence County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Francisville.

For example, the median home price in Saint Francisville is $24,171, with tax bills ranging significantly across the county. Zip code 62460 has the highest median home price at $24,171.

Property Tax Assessment Values Across Saint Francisville, Lawrence County, Illinois

Source: Ownwell

$15,791

$19,981

$24,171

Median Saint Francisville Market Value

$24,171

Median Lawrence County Market Value

$22,875

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Saint Francisville, Lawrence County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62460	$3,638	$7,095	$24,171	$53,040	$99,935

Source: Ownwell

Property Tax Bills Across Saint Francisville, Lawrence County, Illinois

In Saint Francisville, Illinois, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's estimate of the property's market value. This assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as changes in market conditions and local government budgets influence the assessed value and tax rate, respectively. In Lawrence County, the median tax bill is $682, notably lower than the national median property tax bill of $2,400. However, tax bills can vary significantly, with the 25th percentile at $234 and the 90th percentile reaching $3,785. This variance can affect homeowners' financial planning, making it essential to ensure their property is fairly assessed. Ownwell can help homeowners in Saint Francisville by offering expert property tax appeal services. By reviewing assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay what is fair and accurate based on their property's true value.

Property Tax Bills Across Saint Francisville, Lawrence County, Illinois

Source: Ownwell

$472

$677

$882

Median Saint Francisville Tax Bill

$682

Median Lawrence County Tax Bill

$743

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Saint Francisville, Lawrence County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62460	$96	$234	$682	$1,936	$3,785

Source: Ownwell