Moultrie County, Illinois Property Taxes
Median Moultrie County effective property tax rate: 2.15%, significantly higher than the national median of 1.02%.
Median Moultrie County home value: $97,648
Median annual Moultrie County tax bill: $2,121, $279 lower than the national median property tax bill of $2,400.
How are property taxes in Moultrie County calculated?
Property taxes in Moultrie 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 Sullivan or another part of Moultrie County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Moultrie County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.15%
Estimate Property Tax Bill
$2,099
$1,948
Ownwell’s Moultrie County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Moultrie County with just two data points.
By entering your property's estimated assessed value, our calculator applies Moultrie 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 Moultrie County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Moultrie County, Illinois
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate the budget they need to provide services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Despite the involvement of votes and laws in setting tax rates and budgets, this is essentially the annual process.
Moultrie County's effective property tax rate stands at 2.15%, which is considerably higher than the national median property tax rate of 1.02%. Within Illinois, Moultrie County's rate is lower than the highest median tax rate of 2.29% found in Bethany but higher than the lowest median tax rate of 1.58% in Kirksville. Compared to the national median property tax bill of $2,400, homeowners in Moultrie County pay more due to the higher tax rate. This disparity highlights the importance of understanding local property tax rates, as they can significantly impact a homeowner's financial obligations.
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 Moultrie County Tax Rate
2.15%
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 Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Moultrie County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allenville | 0.74% | 1.04% | 1.83% | 2.58% | 2.58% |
| Arthur | 1.42% | 1.87% | 2.09% | 2.32% | 2.47% |
| Bethany | 1.33% | 1.87% | 2.29% | 2.72% | 2.91% |
| Cadwell | 1.02% | 1.41% | 1.71% | 2.04% | 2.20% |
| Dalton City | 1.43% | 1.77% | 2.06% | 2.42% | 2.59% |
| Findlay | 1.91% | 1.95% | 2.06% | 2.38% | 2.41% |
| Gays | 0.85% | 1.28% | 1.69% | 1.98% | 2.39% |
| Hammond | 1.92% | 2.08% | 2.22% | 3.86% | 8.01% |
| Kirksville | 1.05% | 1.42% | 1.58% | 2.22% | 2.32% |
| Lake City | 1.20% | 1.39% | 1.75% | 2.13% | 2.13% |
| Lovington | 0.94% | 1.50% | 1.84% | 2.30% | 2.46% |
| Sullivan | 1.50% | 1.96% | 2.27% | 2.55% | 3.07% |
| Windsor | 1.01% | 1.50% | 1.89% | 2.27% | 3.04% |
| Mattoon | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Moultrie County, Illinois
When examining property taxes in Moultrie 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 Moultrie County Board of Review 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:
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 Moultrie County.
For example, the median tax bill in Moultrie County is $1,223, with tax bills ranging significantly across the county. Findlay has the highest median home price at $158,340.
Property Tax Assessment Values Across Moultrie County, Illinois
Source: Ownwell
$34,636
$96,488
$158,340
Median Moultrie County Market Value
$97,648
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Moultrie County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allenville | $14,665 | $22,913 | $34,636 | $63,740 | $92,557 |
| Arthur | $53,605 | $82,629 | $128,253 | $192,850 | $270,449 |
| Bethany | $39,026 | $62,390 | $84,720 | $121,302 | $178,409 |
| Cadwell | $38,672 | $60,454 | $80,119 | $106,985 | $154,778 |
| Dalton City | $39,889 | $66,920 | $83,640 | $101,367 | $133,541 |
| Findlay | $70,023 | $124,480 | $158,340 | $177,369 | $233,205 |
| Gays | $18,697 | $44,208 | $78,885 | $122,686 | $190,612 |
| Hammond | $76,943 | $119,916 | $144,064 | $168,207 | $217,910 |
| Kirksville | $26,599 | $37,954 | $54,264 | $67,688 | $83,949 |
| Lake City | $12,873 | $31,816 | $63,078 | $101,832 | $128,556 |
| Lovington | $22,952 | $48,071 | $77,919 | $120,700 | $188,267 |
| Sullivan | $46,930 | $74,161 | $111,266 | $164,957 | $229,130 |
| Windsor | $25,160 | $65,873 | $108,462 | $148,042 | $172,443 |
| Mattoon | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Moultrie County, Illinois
Median Moultrie County Tax Bill
$2,121
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Moultrie County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allenville | $190 | $324 | $561 | $1,237 | $1,645 |
| Arthur | $884 | $1,658 | $2,687 | $4,266 | $6,291 |
| Bethany | $618 | $1,157 | $1,846 | $2,930 | $4,626 |
| Cadwell | $620 | $807 | $1,252 | $2,033 | $3,369 |
| Dalton City | $670 | $1,156 | $1,687 | $2,178 | $3,018 |
| Findlay | $1,686 | $2,564 | $3,019 | $3,874 | $5,183 |
| Gays | $244 | $623 | $1,281 | $2,453 | $4,393 |
| Hammond | $2,633 | $3,377 | $4,133 | $5,261 | $8,542 |
| Kirksville | $411 | $598 | $883 | $1,140 | $1,299 |
| Lake City | $268 | $565 | $1,066 | $1,774 | $2,310 |
| Lovington | $332 | $743 | $1,321 | $2,286 | $4,245 |
| Sullivan | $852 | $1,608 | $2,548 | $3,789 | $5,502 |
| Windsor | $471 | $1,191 | $2,306 | $3,287 | $4,382 |
| Mattoon | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell