Property Tax in Knox County
via TaxByCounty
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.