TaxBy County

Henry County

Henry County, Illinois

Effective Tax Rate

1.98%

Median Annual Tax

$2,877

How Henry County Compares

Median Annual Property Tax

Henry County$2,877
Illinois State Average$2,782
National Average$1,924

Henry County

1.98%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$3,111

per year

Without Mortgage

$2,560

per year

Estimate Your Property Tax

$

Annual Tax

$2,877

Monthly Escrow

$240

Effective Rate

1.98%

vs. Illinois State Average▲ 3.4% above
vs. National Average▲ 7% above
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Frequently Asked Questions

What is the property tax rate in Henry County, Illinois?
The effective property tax rate in Henry County, Illinois is 1.98%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Henry County?
The median annual property tax payment in Henry County is $2,877. Homeowners with a mortgage pay a median of $3,111, while those without a mortgage pay $2,560.
How does Henry County compare to the Illinois average?
Henry County's effective tax rate of 1.98% is higher than the Illinois state average of 1.90%. The median annual property tax in Henry County is $2,877, compared to the state average of $2,782.
What is the median home value in Henry County, Illinois?
The median home value in Henry County, Illinois is $145,300, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in Illinois?
Property taxes in Illinois are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

Sangamon County(IL)

Rate1.98%
Median Tax$3,369

Cook County(IL)

Rate1.98%
Median Tax$6,053

Marshall County(IL)

Rate1.99%
Median Tax$2,743

Bond County(IL)

Rate1.96%
Median Tax$2,612
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Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.

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