Saunemin, Livingston County, Illinois Property Taxes

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

Median Saunemin, IL effective property tax rate: 2.80%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Saunemin, IL home value: $164,762
Median annual Saunemin, IL tax bill: $4,475, $2,075 higher than the national median property tax bill of $2,400.

How are property taxes in Livingston calculated?

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

Last Updated March 1, 2025

Saunemin, Livingston County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.8%

Estimate Property Tax Bill

$4,613

$4,281

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

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its 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. Saunemin, located in Livingston County, Illinois, has an effective property tax rate of 2.80%. This rate is significantly higher than the national median property tax rate of 1.02%. Illinois itself is known for having some of the highest property tax rates in the nation. When comparing Saunemin’s rate to other cities in Illinois, it aligns with the state’s trend of elevated property taxes. Despite the high rates, residents benefit from the services funded by these taxes. Understanding these rates and how they compare on a state and national level can empower property owners to make informed decisions and seek potential savings through appeals or exemptions.

Property Tax Rates Across Saunemin, 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 Saunemin Tax Rate

2.80%

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 Saunemin, Livingston County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61769	2.17%	2.55%	2.80%	3.00%	3.48%

Source: Ownwell

Property Tax Assessment Values Across Saunemin, Livingston County, Illinois

When examining property taxes in Saunemin, 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 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 May. 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 Saunemin.

For example, the median home price in Saunemin is $164,762, with tax bills ranging significantly across the county. Zip code 61769 has the highest median home price at $164,762.

Property Tax Assessment Values Across Saunemin, Livingston County, Illinois

Source: Ownwell

$103,203

$160,239

$217,275

Median Saunemin Market Value

$164,762

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 Saunemin, Livingston County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61769	$20,016	$120,757	$164,762	$249,127	$286,940

Source: Ownwell

Property Tax Bills Across Saunemin, Livingston County, Illinois

In Saunemin, located in Livingston County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $164,762. Property tax rates in Saunemin are notably high compared to the national median, with the tax bill at the 25th percentile being $3,302 and reaching up to $9,037 at the 90th percentile. This can place a significant financial burden on homeowners, especially when compared to the national median property tax bill of $2,400. Homeowners in Saunemin can find relief by appealing their property tax assessments. This is where Ownwell steps in to help. We provide expert property tax appeal services that can potentially reduce your tax bill. Our team analyzes your property’s assessed value, ensuring it aligns with current market conditions and comparable properties. By challenging and correcting any discrepancies, Ownwell can help you achieve substantial savings on your property tax bill.

Property Tax Bills Across Saunemin, Livingston County, Illinois

Source: Ownwell

$3,410

$5,342

$7,273

Median Saunemin Tax Bill

$4,475

Median Livingston County Tax Bill

$4,592

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Saunemin, Livingston County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61769	$1,917	$3,302	$4,475	$7,344	$9,037

Source: Ownwell