Nokomis, Montgomery County, Illinois Property Taxes
Property Taxes in Nokomis, Illinois
Median Nokomis, Illinois effective property tax rate: 2.69%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Nokomis, Illinois home value: $98,862
Median annual Nokomis, Illinois tax bill: $2,604, $204 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Nokomis, 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 Nokomis's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nokomis, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Nokomis, Montgomery County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.69%
Estimate Property Tax Bill
$2,659
$2,468
How Does the Nokomis Property Tax Calculator Work?
Use this Nokomis property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Nokomis's median effective tax rate of 2.69% — based on actual property records in Montgomery 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 Nokomis'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 Nokomis: rates range from 2.69% in 62075 to 2.69% in 62075, 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 Nokomis.
About Nokomis Property Taxes
About Property Taxes in Nokomis, Montgomery, Illinois
Nokomis’s median effective property tax rate of 2.69% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Montgomery 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 Nokomis. Homeowners in the 62075 ZIP code carry a median effective rate of 2.69%, while those in 62075 pay 2.69%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Montgomery County. Understanding which part of Nokomis you live in can make a meaningful difference to your annual tax bill.
Nokomis 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 Nokomis, Montgomery 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 Nokomis'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 Nokomis Tax Rate
2.69%
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 Montgomery County Tax Rate
2.68%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nokomis, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62075 | 1.76% | 2.32% | 2.69% | 2.90% | 3.13% |
Source: Ownwell
Property Tax Assessment Values Across Nokomis, Montgomery County, Illinois
When examining property taxes in Nokomis, 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 Montgomery 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 Montgomery 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 Nokomis.
For example, the median home price in Nokomis is $98,862, with tax bills ranging significantly across the county. 62075 has the highest median home price at $98,862.
Property Tax Assessment Values Across Nokomis, Montgomery County, Illinois
Source: Ownwell
$64,395
$112,488
$160,581
Median Nokomis Market Value
$98,862
Median Montgomery County Market Value
$101,482
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nokomis, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62075 | $12,708 | $42,180 | $98,862 | $158,640 | $219,090 |
Source: Ownwell
Property Tax Bills Across Nokomis, Montgomery County, Illinois
Property tax bills in Nokomis are calculated by applying the local tax rate to a home’s assessed market value, then adjusting for any exemptions or special district levies. The assessed value is a key factor because it determines how much of the home’s value is taxable, and changes in market conditions can affect that amount over time.
For homeowners in Montgomery County, the median home price is $98,862, and the median property tax bill is $2,604.00. That is slightly above the national median property tax bill of $2,400, showing how local assessments can create a heavier burden even when home values are modest.
Tax bills can vary widely across the city, with the 25th percentile at $1,374 and the 75th percentile at $4,556. For many homeowners, this means property taxes can be a significant part of annual housing costs, especially when assessed values rise faster than expected.
Median Nokomis Tax Bill
$2,604
Median Montgomery County Tax Bill
$2,749
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Nokomis, Montgomery County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62075 | $796 | $1,374 | $2,604 | $4,556 | $6,105 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | montgomeryil.devnetwedge.com |