Putnam County Property Taxes

Putnam County, Illinois

Effective Tax Rate

0.00%

4.1% below state avg

Median Annual Tax

$0

$222/mo escrow

#29 of 102 counties in Illinois

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.59%

vs. Illinois Avg4.1% below
vs. National Avg0.8% below

At a Glance

Median Home Value

$167,800

State avg $146,132

Tax w/ Mortgage/yr

$2,876

$240/mo escrow

Tax w/o Mortgage/yr

$2,509

$209/mo

State Tax Rate Rank

#29

of 102 counties (1 = lowest)

Data Story

About Property Taxes in Putnam County, Illinois

Putnam County taxes: Near national average

At 1.59%, Putnam County's effective tax rate sits just below the national median of 2.10%, placing it squarely in the middle of U.S. counties by tax burden. The median property tax of $2,668 is virtually identical to the national median of $2,690, reflecting balanced home values and a moderate rate.

Putnam slightly below Illinois average

Putnam County's 1.59% effective rate is slightly lower than the Illinois state average of 1.83%, positioning it in the lower-middle tier statewide. Its median property tax of $2,668 is 4% below the state average of $2,782, offering modest savings compared to typical Illinois counties.

Putnam in the middle of regional peers

Putnam County's 1.59% rate ranks between Pike County (1.56%, lowest) and Perry County (1.66%), placing it in the moderate zone for the region. It significantly outperforms Piatt County (1.76%) but cannot match Pope County's exceptional 1.02% rate.

What a Putnam County homeowner pays

On the median home value of $167,800, Putnam County's 1.59% effective rate translates to approximately $2,668 in annual property taxes. With a mortgage, expect $2,876; without one, closer to $2,509—right in line with national norms.

Challenge inflated assessments

Many Illinois homeowners in Putnam County may be paying taxes on assessed values that exceed their homes' current market worth. Filing a property tax appeal could unlock significant savings if your assessment is out of step with reality.

How Putnam County Compares

Median Annual Property Tax

Putnam County$2,668
Illinois State Average$2,782
National Average$1,924

Putnam County

1.59%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Putnam County, Illinois?
The effective property tax rate in Putnam County, Illinois is 1.59%. 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 Putnam County?
The median annual property tax payment in Putnam County is $2,668. Homeowners with a mortgage pay a median of $2,876, while those without a mortgage pay $2,509.
How does Putnam County compare to the Illinois average?
Putnam County's effective tax rate of 1.59% is lower than the Illinois state average of 1.90%. The median annual property tax in Putnam County is $2,668, compared to the state average of $2,782.
What is the median home value in Putnam County, Illinois?
The median home value in Putnam County, Illinois is $167,800, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Putnam County a low property tax area in Illinois?
Yes — Putnam County's effective property tax rate of 1.59% is below the Illinois average of 1.90%. The median annual property tax of $2,668 is also lower the state average of $2,782, making it a relatively affordable area for property taxes.
How does Putnam County rank for property taxes in Illinois?
Putnam County ranks #29 out of 102 counties in Illinois by effective property tax rate (1 = lowest). With a rate of 1.59% and median annual tax of $2,668, it falls in the lower 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.