Stoy, Crawford County, Illinois Property Taxes
Property Taxes in Stoy, Illinois
Median STOY, Illinois effective property tax rate: 2.40%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median STOY, Illinois home value: $29,318
Median annual STOY, Illinois tax bill: $704, lower than the national median property tax bill of $2,400.
How are property taxes in Crawford calculated?
Property taxes in STOY, Illinois 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 STOY's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in STOY, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Stoy, Crawford County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.4%
Estimate Property Tax Bill
$704
$653
How Does the Stoy Property Tax Calculator Work?
Use this Stoy property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Stoy's median effective tax rate of 2.40% — based on actual property records in Crawford County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Stoy's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Stoy: rates range across local taxing areas, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Stoy.
About Stoy Property Taxes
About Property Taxes in Stoy, Crawford, Illinois
Stoy’s median effective property tax rate of 2.40% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Crawford County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Stoy. Homeowners in different parts of the city can see meaningful differences in their annual tax bill because school district boundaries and local assessment districts are drawn across Crawford County. Understanding where your home sits can make a real difference when comparing your assessed value and expected property taxes.
Stoy homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before June 1, 2026.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Stoy, Crawford County, Illinois
As noted earlier, 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 Stoy's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Stoy Tax Rate
2.40%
Our median effective property tax rate (tax bill Ă· 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 Crawford County Tax Rate
2.65%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stoy, Crawford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62464 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Stoy, Crawford County, Illinois
When examining property taxes in Stoy, 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 Crawford County assessment office 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.
Assessment notices:
In Crawford County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month.
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 Stoy.
For example, the median home price in Stoy is $29,318, with tax bills ranging significantly across the county. The median tax bill is $704, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Stoy, Crawford County, Illinois
Source: Ownwell
$80,544
$106,991
$133,437
Median Stoy Market Value
$29,318
Median Crawford County Market Value
$84,738
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stoy, Crawford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62464 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Stoy, Crawford County, Illinois
How are property tax bills calculated in STOY?
Property tax bills in STOY are based on the assessed value of a home, which is determined by the local taxing authority and used to estimate how much tax a homeowner owes. The bill is calculated by applying the local property tax rate to that assessed value, so both the home’s market value and the tax rate play a role in the final amount. With a median home price of $29,318, property taxes in the city are tied to relatively modest home values, which helps keep bills lower than many places across the country.
What factors affect the amount homeowners pay? The assessed value, local tax rates, and any exemptions or appeals can all influence the final bill. In Crawford County, the 25th percentile tax bill is $686, the 75th percentile is $721, and the 90th percentile is $731, showing that most homeowners pay within a fairly narrow range. For homeowners, even small changes in assessed value can affect annual costs and overall affordability.
Median Stoy Tax Bill
$704
Median Crawford County Tax Bill
$2,426
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Stoy, Crawford County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62464 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Crawford Tax Assessor | |
| Website | crawfordil.devnetwedge.com |