Kirkwood, Warren County, Illinois Property Taxes

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

Median Kirkwood, IL effective property tax rate: 2.80%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Kirkwood, IL home value: $22,800
Median annual Kirkwood, IL tax bill: $638, $1,762 lower than the national median property tax bill of $2,400.

How are property taxes in Warren calculated?

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

Last Updated March 1, 2025

Kirkwood, Warren County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.8%

Estimate Property Tax Bill

$638

$592

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

Property Tax Rates Across Kirkwood, Warren County, Illinois

Local government entities set tax rates, which can vary widely within a state. 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 Kirkwood’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.

In Kirkwood, located in Warren County, the property tax rate stands out compared to other cities in Illinois. With a median property tax rate of 2.80%, Illinois is significantly higher than the national median property tax rate of 1.02%. This means that property owners in Kirkwood might find themselves paying more in property taxes than the average American homeowner. Understanding these differences can help property owners make informed decisions about property tax appeals and exemptions. By comparing these rates, property owners can better assess their tax liabilities and explore potential savings.

Property Tax Rates Across Kirkwood, Warren County, Illinois

Source: Ownwell

1.61%

2.51%

3.42%

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 Kirkwood Tax Rate

2.80%

Median Effective Warren County Tax Rate

3.01%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kirkwood, Warren County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
61447	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Kirkwood, Warren County, Illinois

When examining property taxes in Kirkwood, 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 Warren 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 Warren County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Kirkwood.

For example, the median home price in Kirkwood is $22,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Kirkwood, Warren County, Illinois

Source: Ownwell

$23,295

$39,143

$54,990

Median Kirkwood Market Value

$22,800

Median Warren County Market Value

$47,250

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kirkwood, Warren County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
61447	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Kirkwood, Warren County, Illinois

In Kirkwood, located in Warren County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $22,800, and the property tax rate is applied to this assessed value to determine the annual tax bill. For homeowners in Kirkwood, property tax bills vary considerably, with the 25th percentile at $470 and the 75th percentile reaching $1,017, while the 90th percentile can go up to $2,342. This range indicates that while some homeowners pay below the national median property tax bill of $2,400, others may pay significantly more. Factors influencing these variations include property location, home improvements, and local government budgets. Homeowners often find these taxes burdensome, especially if their property is over-assessed. Ownwell assists by providing expert property tax appeal services, ensuring assessments are fair and accurate, potentially saving homeowners substantial amounts on their tax bills.

Property Tax Bills Across Kirkwood, Warren County, Illinois

Source: Ownwell

$679

$1,065

$1,450

Median Kirkwood Tax Bill

$638

Median Warren County Tax Bill

$1,310

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Kirkwood, Warren County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
61447	N/A	N/A	N/A	N/A	N/A

Source: Ownwell