Ilketshall St Margaret is a village and civil parish in the north of the English county of Suffolk.

It is 3 miles (4.8 km) south of the market town of Bungay in the East Suffolk district.

The parish is part of the area known as the Saints and had a population of 160 at the 2011 United Kingdom census.

[a][2] The parish is sparsely populated and situated to the west of the A144 road between Bungay and Halesworth.

It dates from the early 11th century and features a round tower, one of around 40 round-tower churches in Suffolk.