60946 Property Tax Rate

Property owners in ZIP code 60946 (Kempton, Illinois) pay a median of $1,646/year in property taxes on homes valued at $68,000. This translates to an effective tax rate of 2.42%, which is 29% above the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 60946 is approximately $137, which factors into escrow payments on mortgages. This ZIP code is located within Ford County. This is $1,855 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 60946 has higher property taxes. ZIP codes with similar effective rates include 60195 (2.42%) and 60458 (2.42%).

In Kempton, property taxes represent approximately 2.2% of the median household income of $75,000, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 60946, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Ford County's tax assessor directly.