Peoria County, Illinois Property Taxes

Name: Property Tax Bills Across Peoria County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Peoria County effective property tax rate: 2.68%, significantly higher than the national median of 1.02%. Median Peoria County home value: $93,150. Median annual Peoria County tax bill: $2,323, $77 lower than the national median property tax bill of $2,400.

How are property taxes in Peoria County calculated?

Property taxes in Peoria 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 Peoria or another part of Peoria County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Peoria County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.68%

Estimate Property Tax Bill

$2,496

$2,317

Ownwell’s Peoria County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Peoria County with just two data points. By entering your property's estimated assessed value, our calculator applies Peoria 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 Peoria County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Peoria 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 Peoria County's effective property tax rate to other counties in Illinois or the U.S. median property tax rate. Peoria County boasts a median property tax rate of 2.68%, significantly higher than the national median of 1.02%. This rate reflects the county's commitment to maintaining robust public services, yet it also highlights the financial burden on homeowners. Within Peoria County, Bartonville has the highest median tax rate at 2.80%, while Farmington enjoys a more moderate rate of 2.10%. These figures illustrate the diversity in property tax rates even within a single county, influenced by local budgetary needs and property values.

Property Tax Rates Across Peoria County, Illinois

Source: Ownwell

2.10%

2.66%

3.22%

Median Effective Peoria County Tax Rate

2.68%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Peoria County, Illinois

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bartonville	2.01%	2.50%	2.80%	3.37%	3.45%
Bellevue	N/A	N/A	N/A	N/A	N/A
Brimfield	1.98%	2.26%	2.42%	2.54%	2.66%
Canton	N/A	N/A	N/A	N/A	N/A
Chillicothe	1.78%	2.09%	2.31%	2.50%	2.79%
Creve Coeur	N/A	N/A	N/A	N/A	N/A
Dunlap	2.07%	2.24%	2.54%	2.77%	2.85%
East Peoria	N/A	N/A	N/A	N/A	N/A
Edelstein	2.04%	2.23%	2.37%	2.50%	2.71%
Edwards	2.06%	2.27%	2.54%	2.81%	2.97%
Elmwood	2.01%	2.32%	2.57%	2.81%	3.10%
Farmington	1.88%	1.93%	2.10%	2.41%	2.50%
Glasford	1.81%	2.18%	2.44%	2.67%	2.99%
Hanna City	1.75%	2.10%	2.30%	2.49%	2.82%
Kingston Mines	1.29%	1.87%	2.45%	3.17%	3.17%
Laura	1.43%	1.93%	2.55%	2.61%	2.91%
Mapleton	2.26%	2.44%	2.57%	2.75%	2.82%
Mossville	1.48%	1.94%	2.25%	2.69%	2.69%
Peoria	1.95%	2.41%	2.78%	3.22%	3.22%
Peoria Heights	1.72%	2.24%	2.62%	3.06%	3.06%
Princeville	1.99%	2.31%	2.58%	2.79%	3.18%
Rome	1.79%	2.03%	2.50%	2.50%	2.50%
Sparland	1.91%	2.11%	2.25%	2.37%	2.50%
Speer	N/A	N/A	N/A	N/A	N/A
Trivoli	1.74%	2.00%	2.19%	2.39%	2.51%
West Peoria	1.66%	2.13%	2.38%	2.96%	2.96%
Williamsfield	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Peoria County, Illinois

When examining property taxes in Peoria 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 Peoria 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 Peoria 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 Peoria County. For example, the median tax bill in Peoria County is $2,400, with tax bills ranging significantly across the county. Dunlap has the highest median home price at $250,260.

Property Tax Assessment Values Across Peoria County, Illinois

Source: Ownwell

$15,870

$133,065

$250,260

Median Peoria County Assessed Value

$93,150

Median Illinois Assessed Value

$194,700

Median United States Assessed Value

$244,900

Property Tax Assessment Values Across Peoria County, Illinois

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bartonville	$35,994	$69,960	$95,010	$126,405	$161,985
Bellevue	N/A	N/A	N/A	N/A	N/A
Brimfield	$44,199	$102,390	$170,145	$257,618	$377,769
Canton	N/A	N/A	N/A	N/A	N/A
Chillicothe	$43,215	$79,350	$118,080	$169,305	$238,923
Creve Coeur	N/A	N/A	N/A	N/A	N/A
Dunlap	$117,834	$175,598	$250,260	$325,298	$446,649
East Peoria	N/A	N/A	N/A	N/A	N/A
Edelstein	$25,950	$91,560	$184,290	$239,040	$303,240
Edwards	$1,659	$105,075	$222,015	$305,370	$383,961
Elmwood	$23,103	$75,052	$111,630	$156,615	$227,433
Farmington	$68,115	$99,428	$132,060	$152,505	$200,040
Glasford	$23,370	$68,340	$106,230	$162,606	$224,460
Hanna City	$38,979	$84,922	$128,040	$179,220	$252,495
Kingston Mines	$5,700	$19,860	$50,145	$76,695	$93,426
Laura	$3,426	$11,940	$55,260	$87,870	$146,208
Mapleton	$8,265	$108,788	$169,995	$226,838	$281,073
Mossville	$9,231	$47,602	$74,295	$98,580	$114,423
Peoria	$12,780	$32,400	$81,330	$141,690	$212,472
Peoria Heights	$29,154	$52,560	$74,040	$105,855	$156,147
Princeville	$31,101	$74,670	$126,495	$194,588	$270,570
Rome	$10,422	$13,110	$67,620	$111,000	$140,652
Sparland	$88,044	$114,210	$157,590	$219,930	$310,404
Speer	N/A	N/A	N/A	N/A	N/A
Trivoli	$28,170	$83,385	$131,730	$176,228	$236,985
West Peoria	$34,500	$58,680	$75,690	$92,010	$111,804
Williamsfield	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Peoria County, Illinois

In Peoria County, Illinois, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor. The assessed value is typically a percentage of the property's market value. The tax rate is then applied to this assessed value to determine the amount owed. Several factors influence the final tax bill, including the property's location, any applicable exemptions, and the specific tax rate set by local taxing authorities.

For homeowners in Peoria County, the median home price is $93,150. Property tax bills can vary significantly, with the 25th percentile at $994 and the 75th percentile at $4,149. The highest median tax bill is found in Dunlap at $6,489, while Kingston Mines has the lowest at $845. These variations affect homeowners differently, depending on their property's assessed value and location. Compared to the national median property tax bill of $2,400, homeowners in Peoria County may experience a range of tax burdens, highlighting the importance of understanding local tax assessments.

Property Tax Bills Across Peoria County, Illinois

Source: Ownwell

$439

$3,464

$6,489

Median Peoria County Tax Bill

$2,323

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Peoria County, Illinois

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bartonville	$787	$1,746	$2,541	$3,555	$4,647
Bellevue	N/A	N/A	N/A	N/A	N/A
Brimfield	$880	$2,290	$3,985	$6,299	$9,490
Canton	N/A	N/A	N/A	N/A	N/A
Chillicothe	$790	$1,663	$2,580	$3,873	$5,756
Creve Coeur	N/A	N/A	N/A	N/A	N/A
Dunlap	$2,668	$4,189	$6,489	$8,543	$12,120
East Peoria	N/A	N/A	N/A	N/A	N/A
Edelstein	$731	$2,059	$4,120	$5,559	$7,192
Edwards	$95	$2,255	$5,460	$8,232	$10,609
Elmwood	$666	$1,772	$2,754	$4,029	$5,889
Farmington	$1,125	$1,891	$2,467	$3,362	$4,557
Glasford	$556	$1,426	$2,465	$3,830	$5,549
Hanna City	$810	$1,767	$2,903	$4,081	$6,104
Kingston Mines	$162	$401	$845	$1,816	$2,394
Laura	$88	$227	$1,002	$1,955	$3,746
Mapleton	$252	$2,540	$4,140	$5,815	$7,501
Mossville	$262	$778	$1,549	$2,221	$2,693
Peoria	$342	$821	$2,059	$3,830	$5,946
Peoria Heights	$558	$1,189	$1,800	$2,676	$4,335
Princeville	$733	$1,701	$3,138	$4,933	$7,139
Rome	$261	$328	$1,384	$2,290	$3,269
Sparland	$1,862	$2,410	$3,605	$5,057	$7,323
Speer	N/A	N/A	N/A	N/A	N/A
Trivoli	$610	$1,636	$2,790	$3,866	$5,418
West Peoria	$670	$1,261	$1,765	$2,220	$2,812
Williamsfield	N/A	N/A	N/A	N/A	N/A