Peoria County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 51,630.
The median annual property tax in Peoria County is $3,416, which is 23% higher than the Illinois state average and 78% above the national average. The effective tax rate is 2.24% on a median home value of $152,600. Property taxes represent 5.3% of the median household income in this county.
Median Annual Tax
$3,416
+23% vs State
+78% vs US
Median Home Value
$152,600
+4% vs State
-28% vs US
Effective Tax Rate
2.24%
+22% vs State
+136% vs US
With vs Without Mortgage
With Mortgage
$3,721
$310/mo
Without Mortgage
$2,944
$245/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $3,416 -2.0% | 2.24% |
| 2022 | $3,487 +6.3% | 2.32% |
| 2021 | $3,281 +4.2% | 2.47% |
| 2020 | $3,148 +1.7% | 2.41% |
| 2019 | $3,094 | 2.38% |
Tax Burden
Tax-to-Income Ratio
5.3%
of median household income
Median Income
$64,938
per year
Monthly Tax
$285
per month
Other Counties in Illinois
Pope County
Tax: $1,687/yr Rate: 1.02%
Woodford County
Tax: $4,224/yr Rate: 2.18%
Hardin County
Tax: $1,078/yr Rate: 1.18%
Henderson County
Tax: $1,703/yr Rate: 1.68%
Madison County
Tax: $3,232/yr Rate: 1.92%
DuPage County
Tax: $7,833/yr Rate: 2.09%
Frequently Asked Questions
What is the average property tax in Peoria County, Illinois? ▼
The median annual property tax in Peoria County is $3,416 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 2.24% on a median home value of $152,600.
How does Peoria County property tax compare to the national average? ▼
Property taxes in Peoria County are 78% above the national average of $1,923. The effective rate of 2.24% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Peoria County? ▼
In Peoria County, homeowners with a mortgage pay a median of $3,721 in annual property taxes, while homeowners without a mortgage pay $2,944. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Peoria County? ▼
Property taxes in Peoria County represent approximately 5.3% of the median household income of $64,938. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.