Knox County Property Taxes

Knox County, Illinois

Effective Tax Rate

0.00%

26.5% below state avg

Median Annual Tax

$0

$170/mo escrow

#64 of 102 counties in Illinois

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.95%

vs. Illinois Avg26.5% below
vs. National Avg24% below

At a Glance

Median Home Value

$104,900

State avg $146,132

Tax w/ Mortgage/yr

$2,257

$188/mo escrow

Tax w/o Mortgage/yr

$1,807

$151/mo

State Tax Rate Rank

#64

of 102 counties (1 = lowest)

Data Story

About Property Taxes in Knox County, Illinois

Knox County taxes slightly above national

Knox County's effective property tax rate of 1.948% sits modestly above the national median of 1.825%, placing it in the upper-middle tier of U.S. counties. Its median tax of $2,044 falls 24% below the national median of $2,690, reflecting lower home values despite the higher rate.

Mid-range among Illinois counties

Knox County ranks 51st among Illinois's 102 counties with a 1.948% effective rate, sitting above the state average of 1.831%. Its median property tax of $2,044 runs 27% below the state median of $2,782, making it one of Illinois's more affordable communities in absolute dollars.

Mid-tier rate with lowest home values

Knox County's 1.948% rate ranks in the middle of the examined counties, yet its median home value of $104,900 is by far the lowest. This creates a favorable dynamic: a moderate tax rate applied to the region's least expensive properties yields among the lowest median bills.

A $104,900 home costs $2,044 yearly

The median Knox County home valued at just $104,900 generates an estimated annual property tax of $2,044. With mortgage insurance included, homeowners pay approximately $2,257 annually—among the lowest in the eight-county comparison despite a above-average tax rate.

Smaller bills still merit careful review

Even with lower absolute tax bills, Knox County homeowners should verify their assessments remain accurate and fair. A successful appeal can provide meaningful savings and ensure your valuation reflects current market conditions.

How Knox County Compares

Median Annual Property Tax

Knox County$2,044
Illinois State Average$2,782
National Average$1,924

Knox County

1.95%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Knox County, Illinois?
The effective property tax rate in Knox County, Illinois is 1.95%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Knox County?
The median annual property tax payment in Knox County is $2,044. Homeowners with a mortgage pay a median of $2,257, while those without a mortgage pay $1,807.
How does Knox County compare to the Illinois average?
Knox County's effective tax rate of 1.95% is higher than the Illinois state average of 1.90%. The median annual property tax in Knox County is $2,044, compared to the state average of $2,782.
What is the median home value in Knox County, Illinois?
The median home value in Knox County, Illinois is $104,900, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Knox County property tax rate higher than the Illinois average?
Knox County's effective property tax rate of 1.95% is higher than the Illinois average of 1.90%. This difference of 0.04% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Knox County rank for property taxes in Illinois?
Knox County ranks #64 out of 102 counties in Illinois by effective property tax rate (1 = lowest). With a rate of 1.95% and median annual tax of $2,044, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Illinois

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.