Gallatin County, Illinois Property Taxes
Median Gallatin County effective property tax rate: 1.71%, significantly higher than the national median of 1.02%.
Median Gallatin County home value: $44,390
Median annual Gallatin County tax bill: $496, $1,904 lower than the national median property tax bill of $2,400.
How are property taxes in Gallatin County calculated?
Property taxes in Gallatin County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Shawneetown or another part of Gallatin County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Gallatin County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.71%
Estimate Property Tax Bill
$759
$704
Ownwell’s Gallatin County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gallatin County with just two data points.
By entering your property's estimated assessed value, our calculator applies Gallatin County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Gallatin County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Gallatin County, Illinois
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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 Gallatin County's effective property tax rate to other counties in Illinois or the U.S. median property tax rate. Gallatin County has a median property tax rate of 1.71%, which is notably higher than the national median of 1.02%. Within Illinois, the highest median tax rate is in Ridgway, at 1.93%, while New Haven boasts the lowest at 1.25%. These figures illustrate the variation in property tax rates within the state and highlight the importance of understanding your local tax rate. Knowing where your county stands can help you make informed decisions about property ownership and tax appeals.
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 Gallatin County Taxx Rate
1.71%
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 Illinois Taxx Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Gallatin County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Eldorado | 1.06% | 1.67% | 1.90% | 2.58% | 2.76% |
| Elizabethtown | 0.42% | 0.92% | 1.75% | 2.09% | 3.62% |
| Equality | N/A | N/A | N/A | N/A | N/A |
| Junction | 0.20% | 0.56% | 1.67% | 2.29% | 2.78% |
| New Haven | 0.16% | 0.58% | 1.25% | 2.22% | 2.67% |
| Norris City | 0.19% | 1.02% | 1.85% | 2.01% | 2.10% |
| Omaha | 0.16% | 0.48% | 1.60% | 2.36% | 2.67% |
| Ridgway | 0.20% | 0.60% | 1.93% | 2.62% | 3.19% |
| Shawneetown | 0.17% | 0.54% | 1.81% | 2.70% | 3.12% |
Source: Ownwell
Property Tax Assessment Values Across Gallatin County, Illinois
When examining property taxes in Gallatin County, 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 Gallatin County Assessor's Office 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 Gallatin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Gallatin County. For example, the median tax bill in Gallatin County is $443.90, with tax bills ranging significantly across the county. Norris City has the highest median home price at $84,288.
Median Gallatin County Assessed Value
$44,390
Median Illinois Assessed Value
$194,700
Median United States Assessed Value
$244,900
Property Tax Assessment Values Across Gallatin County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Eldorado | $24,827 | $57,238 | $73,173 | $108,788 | $142,058 |
| Elizabethtown | $7,545 | $26,230 | $51,184 | $70,204 | $93,926 |
| Equality | N/A | N/A | N/A | N/A | N/A |
| Junction | $7,787 | $24,653 | $53,596 | $89,250 | $130,686 |
| New Haven | $4,168 | $9,017 | $28,064 | $59,610 | $86,714 |
| Norris City | $44,321 | $50,001 | $84,288 | $97,317 | $135,408 |
| Omaha | $7,275 | $21,243 | $44,190 | $85,365 | $130,077 |
| Ridgway | $11,637 | $28,671 | $54,588 | $85,929 | $131,325 |
| Shawneetown | $5,934 | $16,017 | $39,798 | $70,791 | $111,594 |
Source: Ownwell
Property Tax Bills Across Gallatin County, Illinois
Median Gallatin County Tax Bill
$496
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Gallatin County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Eldorado | $448 | $650 | $1,309 | $2,032 | $2,327 |
| Elizabethtown | $105 | $318 | $654 | $1,182 | $1,772 |
| Equality | N/A | N/A | N/A | N/A | N/A |
| Junction | $50 | $143 | $608 | $1,402 | $2,529 |
| New Haven | $25 | $87 | $209 | $830 | $1,516 |
| Norris City | $185 | $540 | $936 | $1,881 | $2,503 |
| Omaha | $49 | $113 | $466 | $1,264 | $2,512 |
| Ridgway | $57 | $199 | $659 | $1,761 | $2,823 |
| Shawneetown | $36 | $120 | $429 | $1,336 | $2,504 |
Source: Ownwell