Morgan County Property Taxes

Morgan County, Illinois

Effective Tax Rate

0.00%

13% below state avg

Median Annual Tax

$0

$202/mo escrow

#56 of 102 counties in Illinois

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.88%

vs. Illinois Avg13% below
vs. National Avg10% below

At a Glance

Median Home Value

$128,700

State avg $146,132

Tax w/ Mortgage/yr

$2,613

$218/mo escrow

Tax w/o Mortgage/yr

$2,209

$184/mo

State Tax Rate Rank

#56

of 102 counties (1 = lowest)

Data Story

About Property Taxes in Morgan County, Illinois

Morgan County taxes slightly exceed the national average

Morgan County's effective tax rate of 1.880% exceeds the national median of 1.831% by half a percentage point. On a nationally typical home valued at $281,900, this rate would generate $5,302 in annual taxes—nearly double the national median tax.

Morgan ranks above Illinois's state average

Morgan County's 1.880% effective rate tops Illinois's state average of 1.831%, placing it in the higher-tax portion of the state. Despite modest median home values of $128,700, Morgan's median tax of $2,420 reflects its above-average rate.

Morgan's rate exceeds Menard but trails Peoria County

Morgan County's 1.880% rate sits between Menard's 1.637% and Peoria's 2.239%. On a $150,000 home, Morgan residents pay roughly $250 more annually than Menard homeowners but $540 less than Peoria County residents.

Morgan homeowners pay $2,420 in median annual taxes

The typical $128,700 home in Morgan County generates $2,420 in annual property taxes. With mortgage-related escrow and insurance, the total liability reaches $2,613 per year.

Appeal if your assessment exceeds market value

Morgan County residents paying above-market rates should request a reassessment or file a formal appeal. Many homeowners discover their properties are overvalued, leading to meaningful tax reductions.

How Morgan County Compares

Median Annual Property Tax

Morgan County$2,420
Illinois State Average$2,782
National Average$1,924

Morgan County

1.88%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Morgan County, Illinois?
The effective property tax rate in Morgan County, Illinois is 1.88%. 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 Morgan County?
The median annual property tax payment in Morgan County is $2,420. Homeowners with a mortgage pay a median of $2,613, while those without a mortgage pay $2,209.
How does Morgan County compare to the Illinois average?
Morgan County's effective tax rate of 1.88% is lower than the Illinois state average of 1.90%. The median annual property tax in Morgan County is $2,420, compared to the state average of $2,782.
What is the median home value in Morgan County, Illinois?
The median home value in Morgan County, Illinois is $128,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Morgan County a low property tax area in Illinois?
Yes — Morgan County's effective property tax rate of 1.88% is below the Illinois average of 1.90%. The median annual property tax of $2,420 is also lower the state average of $2,782, making it a relatively affordable area for property taxes.
How does Morgan County rank for property taxes in Illinois?
Morgan County ranks #56 out of 102 counties in Illinois by effective property tax rate (1 = lowest). With a rate of 1.88% and median annual tax of $2,420, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Illinois

Data updated: March 2026

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.