Clark County Property Taxes
The median property tax rate in Clark County is 2.09%, which is significantly higher than both the national median of 0.99% and the Illinois state median of 2.35%. With a median home value of $71,601 in Clark County, the typical annual property tax bill reaches $1,431, which is below the national median of $2,690. Property taxes in Clark County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Clark County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Marshall or another part of Clark County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Clark County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.09%
Estimate Property Tax Bill
$1,496
$1,462
Ownwell’s Clark County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Clark County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Clark County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Clark County, Illinois
Property taxes in Clark County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Clark County is 2.09%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Clark County set these rates annually, and they can vary significantly between different areas within the county. Each year, Clark County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Annapolis has one of the higher property tax rates in the region at 2.46%, while the city of Dennison boasts one of the lowest at 1.93%. Analyzing how Clark County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Clark County Tax Rate
2.09%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clark County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Annapolis | 1.97% | 2.12% | 2.46% | 2.83% | 3.00% |
| Casey | 1.16% | 1.85% | 2.27% | 2.87% | 2.87% |
| Dennison | 0.96% | 1.60% | 1.93% | 2.18% | 2.38% |
| Kansas | 1.42% | 1.92% | 2.29% | 2.47% | 2.69% |
| Marshall | 1.18% | 1.71% | 1.95% | 2.30% | 2.30% |
| Martinsville | 1.23% | 1.82% | 2.30% | 2.76% | 3.00% |
| Oblong | 1.55% | 1.73% | 2.27% | 2.39% | 2.98% |
| Paris | 1.40% | 1.83% | 2.19% | 2.33% | 2.47% |
| Westfield | 0.98% | 1.68% | 2.17% | 2.86% | 2.87% |
| West Union | 0.93% | 1.51% | 2.03% | 2.41% | 2.45% |
| West York | 1.48% | 1.77% | 2.13% | 2.45% | 2.69% |
| Yale | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Clark County, Illinois
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Clark County, Illinois. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Clark County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Clark County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Notably, Annapolis has the highest median tax bill at $1,881, while West Union has the lowest at $866. Being aware of these valuation processes in Clark County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Clark County Assessed Value
$71,601
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clark County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Annapolis | $20,647 | $44,278 | $78,999 | $107,776 | $133,707 |
| Casey | $16,241 | $35,138 | $64,964 | $102,596 | $150,431 |
| Dennison | $15,579 | $44,814 | $80,343 | $144,316 | $199,016 |
| Kansas | $27,573 | $52,359 | $77,532 | $104,274 | $144,782 |
| Marshall | $24,731 | $53,508 | $89,838 | $139,467 | $199,511 |
| Martinsville | $12,212 | $30,712 | $54,330 | $91,474 | $146,383 |
| Oblong | $26,902 | $47,318 | $59,550 | $61,166 | $74,062 |
| Paris | $37,693 | $50,268 | $82,485 | $96,568 | $178,092 |
| Westfield | $15,105 | $29,478 | $50,289 | $84,658 | $127,299 |
| West Union | $5,731 | $19,124 | $46,682 | $87,133 | $137,284 |
| West York | $14,623 | $34,922 | $57,166 | $101,026 | $124,532 |
| Yale | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Clark County, Illinois
In Clark County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value. Local tax authorities then apply the tax rate to this assessed value to calculate the property tax bill. Several factors influence this calculation, including property location, market trends, and any applicable exemptions or deductions. For homeowners in Clark County, the impact of property taxes can vary widely. The median home price in the county is $71,601, with property tax bills ranging from $687 at the 25th percentile to $3,832 at the 90th percentile. The highest median tax bill in the county is found in Annapolis at $1,881, while the lowest is in West Union at $866. Comparing this to the national median property tax rate of 0.99%, homeowners in Clark County may experience varying degrees of financial impact based on their property's assessed value and location within the county.
Average Clark County Tax Bill
$1,431
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Clark County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Annapolis | $682 | $1,490 | $1,881 | $2,538 | $3,530 |
| Casey | $310 | $667 | $1,360 | $2,306 | $3,633 |
| Dennison | $278 | $725 | $1,513 | $2,893 | $4,083 |
| Kansas | $564 | $1,296 | $1,728 | $2,222 | $3,552 |
| Marshall | $387 | $907 | $1,676 | $2,704 | $4,141 |
| Martinsville | $256 | $583 | $1,196 | $2,096 | $3,629 |
| Oblong | $455 | $741 | $1,151 | $1,863 | $2,046 |
| Paris | $722 | $865 | $1,813 | $2,141 | $3,594 |
| Westfield | $265 | $505 | $1,006 | $2,098 | $3,159 |
| West Union | $104 | $293 | $866 | $1,851 | $3,031 |
| West York | $293 | $712 | $1,155 | $2,160 | $2,714 |
| Yale | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell