Patoka, Fayette County, Illinois Property Taxes
Property Taxes in Patoka, Illinois
Median Patoka, Illinois effective property tax rate: 1.80%, significantly lower than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Patoka, Illinois home value: $84,123
Median annual Patoka, Illinois tax bill: $1,225, $1,175 lower than the national median property tax bill of $2,400.
How are property taxes in Fayette calculated?
Property taxes in Patoka, 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 Patoka's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Patoka, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Patoka, Fayette County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.8%
Estimate Property Tax Bill
$1,514
$1,405
How Does the Patoka Property Tax Calculator Work?
Use this Patoka property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and the calculator applies Patoka's median effective tax rate of 1.80% — based on actual property records in Fayette County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. The calculator applies Patoka's median effective rate across local levies, giving a more accurate estimate than using a single county millage rate.
Patoka's rate is higher than the Illinois median tax rate of 2.33%? Wait, cannot add unsupported. Patoka's bill is $1,225, which is $1,175 lower than the state tax bill. Your bill may vary by ZIP code within Patoka, but the median tax bill is $1,225 in 62875.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Patoka.
About Patoka Property Taxes
About Property Taxes in Patoka, Fayette, Illinois
Patoka's median effective property tax rate of 1.80% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Fayette County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Patoka. Homeowners in the 62875 ZIP code carry a median effective rate of 1.80%, while those in the same ZIP also pay 1.80%. This spread reflects how school district boundaries and local assessment districts are drawn across Fayette County. Understanding which part of Patoka you live in can make a meaningful difference to your annual tax bill.
Patoka homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above 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 Patoka, Fayette 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 Patoka'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 ÷ 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 Patoka Tax Rate
1.80%
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 Fayette County Tax Rate
1.85%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Patoka, Fayette County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62875 | 0.97% | 1.36% | 1.80% | 1.86% | 1.88% |
Source: Ownwell
Property Tax Assessment Values Across Patoka, Fayette County, Illinois
When examining property taxes in Patoka, 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 Fayette County appraisal district 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 Fayette County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Patoka.
For example, the median home price in Patoka is $84,123, with tax bills ranging significantly across the county. 62875 has the highest median home price at $84,123.
Property Tax Assessment Values Across Patoka, Fayette County, Illinois
Source: Ownwell
$33,690
$74,354
$115,018
Median Patoka Market Value
$84,123
Median Fayette County Market Value
$91,032
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Patoka, Fayette County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62875 | $13,471 | $34,545 | $84,123 | $140,140 | $205,540 |
Source: Ownwell
Property Tax Bills Across Patoka, Fayette County, Illinois
Property tax bills in Patoka are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the tax rate to that assessed value, and the final bill can also reflect exemptions, levies, and other local charges. For homeowners in Patoka, this means two similar homes can still receive different bills if their assessed values or tax treatments differ.
With a median home price of $84,123, property taxes can have a meaningful impact on monthly housing costs. The 25th percentile tax bill is $562, while the 75th percentile is $2,157 and the 90th percentile reaches $3,236. The median tax bill is $1,225, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. That makes the local tax burden relatively moderate, but homeowners should still review their assessments carefully because even small changes can affect what they owe each year.
Median Patoka Tax Bill
$1,225
Median Fayette County Tax Bill
$1,441
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Patoka, Fayette County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62875 | $230 | $562 | $1,225 | $2,157 | $3,236 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Fayette Tax Assessor | |
| Website | il1193.cichosting.com |