Niantic, Macon County, Illinois Property Taxes
Median Niantic, IL effective property tax rate: 2.36%, significantly higher than the national median of 1.02%, but slightly higher than the Illinois state median of 2.35%.
Median Niantic, IL home value: $93,378
Median annual Niantic, IL tax bill: $2,077, $323 lower than the national median property tax bill of $2,400.
How are property taxes in Macon calculated?
Property taxes in Niantic, IL 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 Niantic’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Niantic, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Niantic, Macon County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.36%
Estimate Property Tax Bill
$2,204
$2,045
Property Tax Rates Across Niantic, Macon 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 Niantic’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Niantic, located in Macon County, has a property tax rate of 2.36%, which is significantly higher than the national median of 1.02%. This places it among the highest in the state, with the same rate reported in other areas within the county. Despite this, the services funded by these taxes contribute to the local infrastructure, schools, and public amenities, enhancing the quality of life for residents. Understanding these rates can empower property owners to make informed decisions about their investments and potential 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 Niantic Taxx Rate
2.36%
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 Macon County Taxx Rate
2.55%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Niantic, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62551 | 1.61% | 2.09% | 2.36% | 2.78% | 2.88% |
Source: Ownwell
Property Tax Assessment Values Across Niantic, Macon County, Illinois
Property Tax Assessment Values Across Niantic, Macon County, Illinois
Source: Ownwell

$64,096
$166,841
$269,586
Median Niantic Market Value
$93,378
Median Macon County Market Value
$87,275
Median Illinois Market Value
$194,700
Median United States Market Value
$244,900
Property Tax Assessment Values Across Niantic, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62551 | $38,387 | $65,347 | $93,378 | $123,153 | $167,759 |
Source: Ownwell
Property Tax Bills Across Niantic, Macon County, Illinois
Median Niantic Tax Bill
$2,077
Median Macon County Tax Bill
$2,091
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Niantic, Macon County, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
62551 | $789 | $1,418 | $2,077 | $2,922 | $3,912 |
Source: Ownwell