Kirksville, Moultrie County, Illinois Property Taxes

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

Median Kirksville, IL effective property tax rate: 1.58%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Kirksville, IL home value: $54,264
Median annual Kirksville, IL tax bill: $883, $1,517 lower than the national median property tax bill of $2,400.

How are property taxes in Moultrie County calculated?

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

Last Updated March 1, 2025

Kirksville, Moultrie County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.58%

Estimate Property Tax Bill

$857

$796

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

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

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

Property Tax Rates Across Kirksville, Moultrie County, Illinois

Local government entities set tax rates, which can vary widely within a state. Why? 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 Kirksville’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Kirksville in Moultrie County has a median property tax rate of 1.58%, which aligns with the highest and lowest median tax rates in Illinois. This rate surpasses the national median property tax rate of 1.02%. Homeowners in Kirksville face a property tax burden that is higher than the national average, reflecting the local government's budgetary needs and property values. Understanding these rates can help property owners make informed decisions about purchasing or appealing their property taxes.

Property Tax Rates Across Kirksville, Moultrie County, Illinois

Source: Ownwell

1.58%

1.94%

2.29%

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 Kirksville Tax Rate

1.58%

Median Effective Moultrie County Tax Rate

2.15%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kirksville, Moultrie County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61951	1.05%	1.42%	1.58%	2.22%	2.32%

Source: Ownwell

Property Tax Assessment Values Across Kirksville, Moultrie County, Illinois

When examining property taxes in Kirksville, 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 Moultrie 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 Moultrie 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 Kirksville. For example, the median home price in Kirksville is $54,264, with tax bills ranging significantly across the county. The zip code 61951 has the highest median home price at $54,264.

Property Tax Assessment Values Across Kirksville, Moultrie County, Illinois

Source: Ownwell

$34,636

$96,488

$158,340

Median Kirksville Market Value

$54,264

Median Moultrie County Market Value

$97,648

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kirksville, Moultrie County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61951	$26,599	$37,954	$54,264	$67,688	$83,949

Source: Ownwell

Property Tax Bills Across Kirksville, Moultrie County, Illinois

In Kirksville, IL, property tax bills are calculated based on the assessed value of the property, which is determined by the local assessor. The assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to calculate the tax bill. Factors such as the local tax rate and any applicable exemptions can influence the final tax amount. Homeowners in Kirksville face a median property tax bill of $883, which is significantly lower than the national median of $2400. However, even with a relatively low tax bill, homeowners can benefit from potential savings.

Ownwell assists homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help reduce the assessed value, thereby lowering the tax bill. This service ensures that homeowners are not overpaying and can potentially save hundreds of dollars annually, making property ownership more affordable and manageable.

Property Tax Bills Across Kirksville, Moultrie County, Illinois

Source: Ownwell

$561

$2,347

$4,133

Median Kirksville Tax Bill

$883

Median Moultrie County Tax Bill

$2,121

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Kirksville, Moultrie County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61951	$411	$598	$883	$1,140	$1,299

Source: Ownwell