New Athens, Monroe County, Illinois Property Taxes

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

Median New Athens, IL effective property tax rate: 2.13%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median New Athens, IL home value: $176,820
Median annual New Athens, IL tax bill: $3,630, $1,230 higher than the national median property tax bill of $2,400.

How are property taxes in Monroe calculated?

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

Last Updated March 1, 2025

New Athens, Monroe County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.13%

Estimate Property Tax Bill

$3,766

$3,495

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

Property Tax Rates Across New Athens, Monroe County, Illinois

Local government entities set tax rates, which can vary widely within a state. This is 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. Below, you can compare New Athens’ effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. New Athens, located in Monroe County, has an effective property tax rate of 2.13%, which is notably higher than the national median property tax rate of 1.02%. This places New Athens at the higher end of the spectrum within Illinois, where property tax rates can vary significantly. The local tax environment reflects the specific budgetary needs and property values of the area, making it a unique case study in the broader context of property taxation in the United States.

Property Tax Rates Across New Athens, Monroe County, Illinois

Source: Ownwell

1.69%

1.91%

2.13%

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 New Athens Taxx Rate

2.13%

Median Effective Monroe County Taxx Rate

1.91%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across New Athens, Monroe County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62264	1.62%	1.97%	2.13%	2.22%	2.39%

Source: Ownwell

Property Tax Assessment Values Across New Athens, Monroe County, Illinois

When examining property taxes in New 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 Monroe County Assessor 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 Monroe 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 New Athens. For example, the median home price in New Athens is $176,820, with tax bills ranging significantly across the county. Zip code 62264 has the highest median home price at $176,820.

Property Tax Assessment Values Across New Athens, Monroe County, Illinois

Source: Ownwell

$54,540

$147,450

$240,360

Median New Athens Market Value

$176,820

Median Monroe County Market Value

$218,520

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across New Athens, Monroe County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62264	$119,478	$135,480	$176,820	$211,020	$265,451

Source: Ownwell

Property Tax Bills Across New Athens, Monroe County, Illinois

In New Athens, located in Monroe County, IL, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is typically a percentage of the property's market value, and local tax authorities determine the tax rate. Homeowners in New Athens face a median tax bill of $3,630, which is higher than the national median property tax bill of $2,400. This reflects the local emphasis on property tax revenue to fund community services such as schools and infrastructure.

Factors influencing the tax bill include the property's location, size, and any applicable exemptions or deductions. For instance, the tax bill at the 25th percentile is $2,611, while at the 90th percentile, it can reach up to $6,146, indicating a wide range of tax burdens among homeowners.

Ownwell can assist homeowners by identifying potential errors in assessments and ensuring they receive all eligible exemptions. Through a comprehensive review, Ownwell helps reduce the tax burden, ensuring homeowners pay only their fair share.

Property Tax Bills Across New Athens, Monroe County, Illinois

Source: Ownwell

$954

$2,691

$4,428

Median New Athens Tax Bill

$3,630

Median Monroe County Tax Bill

$3,972

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across New Athens, Monroe County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62264	$2,248	$2,611	$3,630	$4,586	$6,146

Source: Ownwell