Kempton, Livingston County, Illinois Property Taxes

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

Median Kempton, IL effective property tax rate: 3.36%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Kempton, IL home value: $132,780
Median annual Kempton, IL tax bill: $4,371, $1,971 higher than the national median property tax bill of $2,400.

How are property taxes in Livingston 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, Livingston County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.36%

Estimate Property Tax Bill

$4,461

$4,140

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

Property Tax Rates Across Kempton, Livingston County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing 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.

In Kempton, located in Livingston County, Illinois, the property tax rate is notably higher than the national median. This can be attributed to the county's specific budgetary needs and the total assessed value of properties. Comparing Kempton's effective property tax rate to other cities in Illinois, it stands out as one of the highest in the state, with the same rate across the county. This highlights the significant differences in property tax rates within Illinois itself. Understanding these variations is crucial for property owners looking to manage their tax liabilities effectively. By appealing or seeking exemptions, property owners in Kempton can potentially reduce their tax burden, aligning closer with the national median.

Property Tax Rates Across Kempton, Livingston County, Illinois

Source: Ownwell

2.69%

3.10%

3.51%

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

3.36%

Median Effective Livingston County Tax Rate

3.02%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kempton, Livingston County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60946	2.62%	3.03%	3.36%	3.82%	3.90%

Source: Ownwell

Property Tax Assessment Values Across Kempton, Livingston 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 Livingston 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 Livingston 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 $132,780, with tax bills ranging significantly across the county. Zip code 60946 has the highest median home price at $132,780.

Property Tax Assessment Values Across Kempton, Livingston County, Illinois

Source: Ownwell

$103,203

$160,239

$217,275

Median Kempton Market Value

$132,780

Median Livingston County Market Value

$144,219

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kempton, Livingston County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60946	$63,817	$91,965	$132,780	$202,974	$226,966

Source: Ownwell

Property Tax Bills Across Kempton, Livingston County, Illinois

In Kempton, located in Livingston County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is a percentage of the market value, reflecting the property's worth in the current real estate market. This value is then multiplied by the local tax rate to determine the tax bill. With a median home price of $132,780, homeowners in Kempton may find their tax bills vary significantly, with the 25th percentile at $2,180 and the 90th percentile reaching $8,251. The median property tax bill stands at $4,371, noticeably higher than the national median of $2,400. This disparity underscores the importance of understanding local tax assessments and rates. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially lowering their tax liabilities. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure homeowners are not overpaying, providing significant savings and peace of mind.

Property Tax Bills Across Kempton, Livingston County, Illinois

Source: Ownwell

$3,410

$5,342

$7,273

Median Kempton Tax Bill

$4,371

Median Livingston County Tax Bill

$4,592

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Kempton, Livingston County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60946	$1,886	$2,180	$4,371	$7,782	$8,251

Source: Ownwell