Peoria County Property Taxes

Peoria County, Illinois

Effective Tax Rate

0.00%

22.8% above state avg

Median Annual Tax

$0

$285/mo escrow

#91 of 102 counties in Illinois

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

2.24%

vs. Illinois Avg22.8% above
vs. National Avg27% above

At a Glance

Median Home Value

$152,600

State avg $146,132

Tax w/ Mortgage/yr

$3,721

$310/mo escrow

Tax w/o Mortgage/yr

$2,944

$245/mo

State Tax Rate Rank

#91

of 102 counties (1 = lowest)

Data Story

About Property Taxes in Peoria County, Illinois

Peoria County taxes rank among the nation's highest

Peoria County's effective tax rate of 2.239% substantially exceeds the national median of 1.831%, placing it well above the 75th percentile nationwide. On a home valued at $281,900, this rate would yield $6,318 in annual taxes—more than double the national median.

Peoria ranks as one of Illinois's costliest counties

Peoria County's 2.239% effective rate stands well above Illinois's state average of 1.831%, making it among the highest-taxed counties in the state. With a median tax of $3,416 on homes valued at $152,600, Peoria residents carry a substantial burden.

Peoria taxes far exceed all surrounding counties

Peoria's 2.239% rate dwarfs every nearby county—Menard (1.637%), Montgomery (1.720%), and Ogle (2.030%). On a $160,000 home, Peoria residents pay roughly $900–$1,000 annually more than homeowners in neighboring jurisdictions.

Peoria homeowners pay the region's highest taxes

The median $152,600 home in Peoria County generates $3,416 in annual property taxes. With mortgage-related charges, homeowners face a total annual liability of approximately $3,721.

Peoria residents should prioritize assessment appeals

Given Peoria County's highest-in-region tax rates, homeowners should verify their assessments are defensible. Challenging an overvaluation through a formal appeal offers the greatest potential savings for residents in this high-tax county.

How Peoria County Compares

Median Annual Property Tax

Peoria County$3,416
Illinois State Average$2,782
National Average$1,924

Peoria County

2.24%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Peoria County, Illinois?
The effective property tax rate in Peoria County, Illinois is 2.24%. 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 Peoria County?
The median annual property tax payment in Peoria County is $3,416. Homeowners with a mortgage pay a median of $3,721, while those without a mortgage pay $2,944.
How does Peoria County compare to the Illinois average?
Peoria County's effective tax rate of 2.24% is higher than the Illinois state average of 1.90%. The median annual property tax in Peoria County is $3,416, compared to the state average of $2,782.
What is the median home value in Peoria County, Illinois?
The median home value in Peoria County, Illinois is $152,600, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Peoria County property tax rate higher than the Illinois average?
Peoria County's effective property tax rate of 2.24% is higher than the Illinois average of 1.90%. This difference of 0.33% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Peoria County rank for property taxes in Illinois?
Peoria County ranks #91 out of 102 counties in Illinois by effective property tax rate (1 = lowest). With a rate of 2.24% and median annual tax of $3,416, it falls in the upper 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.