Knox County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 14,490.
The median annual property tax in Knox County is $2,044, which is 27% lower than the Illinois state average and 6% above the national average. The effective tax rate is 1.95% on a median home value of $104,900. Property taxes represent 3.8% of the median household income in this county.
Median Annual Tax
$2,044
-27% vs State
+6% vs US
Median Home Value
$104,900
-28% vs State
-50% vs US
Effective Tax Rate
1.95%
+7% vs State
+105% vs US
With vs Without Mortgage
With Mortgage
$2,257
$188/mo
Without Mortgage
$1,807
$151/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,044 +6.8% | 1.95% |
| 2022 | $1,914 +5.2% | 1.98% |
| 2021 | $1,820 +6.2% | 2.11% |
| 2020 | $1,713 +1.6% | 2.05% |
| 2019 | $1,686 | 2.03% |
Tax Burden
Tax-to-Income Ratio
3.8%
of median household income
Median Income
$53,291
per year
Monthly Tax
$170
per month
Other Counties in Illinois
Calhoun County
Tax: $2,565/yr Rate: 1.47%
Effingham County
Tax: $2,713/yr Rate: 1.51%
Marion County
Tax: $1,709/yr Rate: 1.71%
Moultrie County
Tax: $2,316/yr Rate: 1.91%
Union County
Tax: $1,851/yr Rate: 1.41%
Mercer County
Tax: $2,710/yr Rate: 1.95%
Frequently Asked Questions
What is the average property tax in Knox County, Illinois? ▼
The median annual property tax in Knox County is $2,044 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.95% on a median home value of $104,900.
How does Knox County property tax compare to the national average? ▼
Property taxes in Knox County are 6% above the national average of $1,923. The effective rate of 1.95% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Knox County? ▼
In Knox County, homeowners with a mortgage pay a median of $2,257 in annual property taxes, while homeowners without a mortgage pay $1,807. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Knox County? ▼
Property taxes in Knox County represent approximately 3.8% of the median household income of $53,291. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.