Vermilion County, Illinois Property Taxes
Median Vermilion County effective property tax rate: 2.53%, significantly higher than the national median of 1.02%.
Median Vermilion County home value: $59,223
Median annual Vermilion County tax bill: $1,325, $1,075 lower than the national median property tax bill of $2,400.
How are property taxes in Vermilion County calculated?
Property taxes in Vermilion 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 Danville or another part of Vermilion County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Vermilion County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.53%
Estimate Property Tax Bill
$1,498
$1,390
Ownwell’s Vermilion County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Vermilion County with just two data points.
By entering your property's estimated assessed value, our calculator applies Vermilion 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 Vermilion County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Vermilion County, Illinois
Local government entities determine tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide services and divide it by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process.
In Vermilion County, Illinois, the effective property tax rate stands at 2.53%, which is considerably higher than the national median property tax rate of 1.02%. Among the cities in Vermilion County, East Lynn has the highest median tax rate at 2.86%, while Tilton boasts the lowest at 2.05%. This variation highlights the diverse landscape of property taxes within the county.
Comparing Vermilion County's rate to the U.S. median property tax rate provides valuable insight into how local tax policies can impact homeowners. Understanding these differences can be crucial for property owners considering an appeal or exemption to manage their tax liabilities effectively.
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 Vermilion County Tax Rate
2.53%
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 Vermilion County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allerton | 1.12% | 1.69% | 2.39% | 2.80% | 2.85% |
| Alvin | 1.50% | 2.08% | 2.49% | 2.89% | 3.06% |
| Armstrong | 1.53% | 2.05% | 2.53% | 2.75% | 2.75% |
| Bismarck | 1.57% | 2.06% | 2.40% | 2.73% | 3.07% |
| Catlin | 1.55% | 2.30% | 2.60% | 2.87% | 3.15% |
| Collison | 1.02% | 1.72% | 2.32% | 2.56% | 2.63% |
| Danville | 1.30% | 2.02% | 2.69% | 3.35% | 3.55% |
| East Lynn | 1.19% | 1.68% | 2.86% | 2.86% | 2.86% |
| Fairmount | 1.30% | 2.15% | 2.56% | 2.89% | 3.26% |
| Fithian | 1.65% | 2.16% | 2.46% | 2.73% | 3.02% |
| Georgetown | 1.08% | 1.82% | 2.38% | 3.08% | 3.08% |
| Henning | 1.03% | 1.70% | 2.27% | 2.90% | 2.90% |
| Homer | 1.94% | 2.24% | 2.57% | 2.71% | 2.76% |
| Hoopeston | 0.50% | 1.72% | 2.48% | 3.56% | 3.56% |
| Indianola | 1.26% | 2.01% | 2.63% | 3.13% | 3.22% |
| Muncie | 0.86% | 1.90% | 2.38% | 2.82% | 2.82% |
| Oakwood | 1.17% | 1.93% | 2.35% | 2.74% | 2.78% |
| Ogden | 1.93% | 2.17% | 2.35% | 2.65% | 2.76% |
| Penfield | 1.67% | 2.31% | 2.75% | 2.75% | 2.75% |
| Potomac | 1.34% | 1.99% | 2.48% | 2.82% | 3.17% |
| Rankin | 1.32% | 1.99% | 2.74% | 2.95% | 3.10% |
| Ridge Farm | 1.23% | 2.00% | 2.77% | 3.07% | 3.68% |
| Rossville | 1.25% | 1.98% | 2.51% | 2.93% | 3.05% |
| Sidell | 1.10% | 2.05% | 2.59% | 3.14% | 3.16% |
| Tilton | 0.67% | 1.38% | 2.05% | 2.92% | 2.92% |
| Westville | 0.97% | 1.57% | 2.11% | 2.71% | 2.71% |
| Clarence | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Vermilion County, Illinois
When examining property taxes in Vermilion 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 Vermilion County assessment district 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 Vermilion 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 Vermilion County. For example, the median tax bill in Vermilion County is $2,467, with tax bills ranging significantly across the county. Penfield has the highest median home price at $116,316.
Property Tax Assessment Values Across Vermilion County, Illinois
Source: Ownwell
$28,646
$72,481
$116,316
Median Vermilion County Market Value
$59,223
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Property Tax Assessment Values Across Vermilion County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allerton | $20,575 | $41,575 | $67,294 | $123,723 | $240,037 |
| Alvin | $16,616 | $40,611 | $82,956 | $134,700 | $202,557 |
| Armstrong | $24,460 | $43,578 | $80,406 | $114,540 | $176,622 |
| Bismarck | $39,237 | $63,906 | $96,531 | $143,012 | $183,077 |
| Catlin | $54,997 | $84,696 | $115,995 | $154,881 | $206,784 |
| Collison | $15,404 | $33,333 | $61,938 | $107,860 | $150,277 |
| Danville | $14,538 | $26,343 | $48,216 | $90,268 | $145,421 |
| East Lynn | $3,885 | $7,160 | $28,646 | $50,240 | $64,018 |
| Fairmount | $23,989 | $53,944 | $94,503 | $151,587 | $215,679 |
| Fithian | $35,752 | $69,216 | $111,291 | $156,807 | $242,072 |
| Georgetown | $20,558 | $40,476 | $64,425 | $95,400 | $141,136 |
| Henning | $8,876 | $24,010 | $45,033 | $73,199 | $86,774 |
| Homer | $13,899 | $52,517 | $107,552 | $166,760 | $275,798 |
| Hoopeston | $17,532 | $31,788 | $51,399 | $76,257 | $118,254 |
| Indianola | $12,908 | $26,910 | $61,911 | $105,146 | $166,622 |
| Muncie | $20,033 | $36,708 | $66,981 | $99,156 | $124,886 |
| Oakwood | $26,445 | $59,521 | $100,604 | $146,753 | $191,016 |
| Ogden | $60,492 | $83,347 | $97,713 | $201,928 | $256,770 |
| Penfield | $29,658 | $51,630 | $116,316 | $159,198 | $207,714 |
| Potomac | $23,501 | $45,366 | $75,548 | $108,838 | $158,715 |
| Rankin | $15,202 | $29,247 | $60,741 | $97,830 | $146,635 |
| Ridge Farm | $15,284 | $31,873 | $54,904 | $86,728 | $135,514 |
| Rossville | $23,578 | $45,566 | $77,194 | $116,459 | $177,398 |
| Sidell | $18,433 | $38,278 | $63,888 | $106,448 | $188,045 |
| Tilton | $18,978 | $35,222 | $50,598 | $66,400 | $83,487 |
| Westville | $23,792 | $42,914 | $64,161 | $95,114 | $136,800 |
| Clarence | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Vermilion County, Illinois
Median Vermilion County Tax Bill
$1,325
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Vermilion County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Allerton | $330 | $663 | $1,471 | $2,961 | $6,252 |
| Alvin | $296 | $878 | $1,916 | $3,257 | $5,518 |
| Armstrong | $376 | $902 | $1,967 | $2,799 | $4,216 |
| Bismarck | $644 | $1,314 | $2,202 | $3,406 | $4,569 |
| Catlin | $1,053 | $1,815 | $2,894 | $4,069 | $5,775 |
| Collison | $273 | $500 | $1,246 | $2,348 | $3,449 |
| Danville | $297 | $601 | $1,157 | $2,237 | $3,834 |
| East Lynn | $111 | $176 | $561 | $1,042 | $1,431 |
| Fairmount | $443 | $1,158 | $2,095 | $3,984 | $5,792 |
| Fithian | $725 | $1,473 | $2,548 | $3,891 | $6,212 |
| Georgetown | $344 | $726 | $1,375 | $2,234 | $3,334 |
| Henning | $156 | $395 | $825 | $1,431 | $1,936 |
| Homer | $305 | $865 | $2,528 | $3,937 | $5,652 |
| Hoopeston | $172 | $528 | $1,104 | $1,915 | $3,183 |
| Indianola | $224 | $563 | $1,459 | $2,644 | $4,350 |
| Muncie | $195 | $650 | $1,441 | $2,282 | $3,002 |
| Oakwood | $459 | $1,120 | $2,132 | $3,340 | $4,615 |
| Ogden | $870 | $1,803 | $2,204 | $4,883 | $6,561 |
| Penfield | $349 | $954 | $2,765 | $4,349 | $5,049 |
| Potomac | $437 | $908 | $1,680 | $2,737 | $4,063 |
| Rankin | $311 | $568 | $1,332 | $2,509 | $4,219 |
| Ridge Farm | $328 | $630 | $1,272 | $2,238 | $3,300 |
| Rossville | $416 | $839 | $1,650 | $2,944 | $4,741 |
| Sidell | $279 | $685 | $1,412 | $2,767 | $5,130 |
| Tilton | $212 | $481 | $897 | $1,394 | $1,874 |
| Westville | $310 | $684 | $1,283 | $1,994 | $3,106 |
| Clarence | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell