Athens, Menard County, Illinois Property Taxes

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

Median Athens, IL effective property tax rate: 2.36%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Athens, IL home value: $93,758
Median annual Athens, IL tax bill: $2,097, $303 lower than the national median property tax bill of $2,400.

How are property taxes in Menard calculated?

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

Last Updated March 1, 2025

Athens, Menard County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.36%

Estimate Property Tax Bill

$2,213

$2,053

Ownwell’s Athens Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Athens with just two data points.

By entering your property's estimated assessed value, our calculator applies Athens’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 Menard County.

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

Property Tax Rates Across Athens, Menard County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, each county estimates its required budget to provide services and divides 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 Athens, located in Menard County, Illinois, the effective property tax rate stands out when compared to other cities in Illinois. The median property tax rate here is significantly higher than the national median property tax rate of 1.02%. This means that property owners in Athens may face higher tax bills than those in other parts of the country. Understanding these rates is crucial for property owners, as it directly affects the annual property tax bill. By comparing Athens' tax rate to the median rates in Illinois and the U.S., property owners can gain valuable insights into how their local tax obligations measure up on a broader scale.

Property Tax Rates Across Athens, Menard County, Illinois

Source: Ownwell

2.15%

2.35%

2.55%

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 Athens Tax Rate

2.36%

Median Effective Menard County Tax Rate

2.40%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Athens, Menard County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62613	2.12%	2.35%	2.36%	2.40%	2.40%

Source: Ownwell

Property Tax Assessment Values Across Athens, Menard County, Illinois

When examining property taxes in Athens, 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 Menard 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 Menard 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 Athens. For example, the median home price in Athens is $93,758, with tax bills ranging significantly across the county. Zip code 62613 has the highest median home price at $93,758.

Property Tax Assessment Values Across Athens, Menard County, Illinois

Source: Ownwell

$45,300

$78,017

$110,733

Median Athens Market Value

$93,758

Median Menard County Market Value

$80,994

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Athens, Menard County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62613	$10,832	$32,422	$93,758	$196,678	$248,856

Source: Ownwell

Property Tax Bills Across Athens, Menard County, Illinois

In Athens, located in Menard County, IL, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. With a median home price of $93,758, homeowners can expect a range of tax bills depending on their property's specific assessment. The tax bill at the 25th percentile is $769, while it rises to $4,635 at the 75th percentile, and reaches $5,720 at the 90th percentile. These figures highlight the variability in tax burdens that homeowners might face. Compared to the national median property tax bill of $2,400, Athens homeowners may experience a wide range of tax obligations. Factors such as changes in market value and local tax rates can significantly impact the final tax bill. Ownwell offers valuable assistance by providing property tax appeal services to help homeowners potentially reduce their tax liabilities. By identifying discrepancies in assessments, Ownwell can ensure homeowners pay only what is fair, offering significant savings on their property tax bills.

Property Tax Bills Across Athens, Menard County, Illinois

Source: Ownwell

$1,153

$1,917

$2,681

Median Athens Tax Bill

$2,097

Median Menard County Tax Bill

$1,844

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Athens, Menard County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62613	$260	$769	$2,097	$4,635	$5,720

Source: Ownwell