Kincaid, Christian County, Illinois Property Taxes

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

Median Kincaid, IL effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Kincaid, IL home value: $38,901
Median annual Kincaid, IL tax bill: $388, $2,012 lower than the national median property tax bill of $2,400.

How are property taxes in Christian County calculated?

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

Last Updated March 1, 2025

Kincaid, Christian County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.55%

Estimate Property Tax Bill

$603

$560

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

Property Tax Rates Across Kincaid, Christian County, Illinois

Local government entities determine tax rates, leading to significant variation within a state. This occurs because each county calculates its budget needs annually and divides that by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the core of the annual process. In Kincaid, situated in Christian County, Illinois, the effective property tax rate is notably higher than the national median of 1.02%, reflecting the state's overall trend. Illinois has a median property tax rate of 1.55%, which is higher than the national average, making it one of the states with substantial property tax rates. This elevated rate means that homeowners in Kincaid and across Illinois might pay more in property taxes compared to many other regions in the United States. Understanding these rates can help property owners anticipate their tax obligations and consider potential appeal or exemption opportunities.

Property Tax Rates Across Kincaid, Christian County, Illinois

Source: Ownwell

1.55%

1.66%

1.76%

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 Kincaid Tax Rate

1.55%

Median Effective Christian County Tax Rate

1.85%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kincaid, Christian County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
62540	0.26%	0.54%	1.55%	2.64%	2.64%

Source: Ownwell

Property Tax Assessment Values Across Kincaid, Christian County, Illinois

When examining property taxes in Kincaid, IL, 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 Christian 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 Christian County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Kincaid. For example, the median home price in Kincaid is $38,901, with tax bills ranging significantly across the county. Zip code 62540 has the highest median home price at $38,901.

Property Tax Assessment Values Across Kincaid, Christian County, Illinois

Source: Ownwell

$35,920

$37,411

$38,901

Median Kincaid Market Value

$38,901

Median Christian County Market Value

$58,539

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kincaid, Christian County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
62540	$4,042	$9,742	$38,901	$58,566	$103,607

Source: Ownwell

Property Tax Bills Across Kincaid, Christian County, Illinois

In Kincaid, located in Christian County, IL, property tax bills are calculated based on the assessed value of a home. This value is determined by the local assessor's office and is a percentage of the property's market value. The property tax rate in this area is applied to the assessed value to determine the total tax bill. Various factors influence this calculation, including local government budgets, school funding needs, and infrastructure projects. For homeowners in Kincaid, the median property tax bill is $388, which is significantly lower than the national median of $2,400. This lower tax burden can be an advantage for homeowners, but it's crucial to ensure that assessments are accurate to avoid overpaying. Ownwell helps homeowners by providing professional property tax appeal services, ensuring assessments are fair and taxes are minimized. By analyzing market trends and comparable property values, Ownwell can identify discrepancies in assessments, potentially saving homeowners hundreds of dollars on their property tax bills annually.

Property Tax Bills Across Kincaid, Christian County, Illinois

Source: Ownwell

$388

$429

$470

Median Kincaid Tax Bill

$388

Median Christian County Tax Bill

$2,025

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Kincaid, Christian County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
62540	$40	$110	$388	$1,068	$2,274

Source: Ownwell