During the first quarter of 2026, homeowners in Chillicothe paid property taxes amounting to 1.8% of their homes’ values, which is more than twice the national average, as reported by BlockShopper.com.
Median home sale prices in the city reached $155,000 for the first quarter of 2026, based on the 20 property sales tracked in that period. The median property tax paid in 2026 stood at $2,781, representing 1.8% of the typical value for taxed homes in Chillicothe.
The nation’s average effective property tax rate was 0.888% in 2024.
Princeville and Elmwood held the highest effective property tax rates among cities in Peoria County.
This report’s effective property tax rate for 2026 is based on estimated inflation numbers and county data from 2023 property taxes. Actual effective rates may differ slightly in some cases.
Across the U.S., home prices kept climbing in 2025, with the national median price reaching roughly $447,000 in June. That reflects a 1.13% increase compared to a year earlier, according to Redfin. The figures also indicate a considerable disparity between supply and demand, with 36% more sellers than buyers, creating a gap of 508,715 homes. By Redfin’s standards, a balanced market occurs when sellers and buyers are within 10% of each other.
The comparative table below displays Princeville and several other Peoria County cities by their median effective property tax rate, calculated using sales and 2026 property tax figures from the first quarter.
| City | Q1 2026 Sales | Q1 2026 Median Price | Median tax 2026 | Effective tax rate |
|---|---|---|---|---|
| Princeville | 2 | $111,250 | $3,188 | 2.9% |
| Elmwood | 8 | $119,000 | $3,165 | 2.7% |
| Peoria | 420 | $115,000 | $2,911 | 2.5% |
| Bellevue | 5 | $82,000 | $2,021 | 2.5% |
| West Peoria | 21 | $85,000 | $2,001 | 2.4% |
| Bartonville | 28 | $127,500 | $2,981 | 2.3% |
| Hanna City | 9 | $130,000 | $2,795 | 2.2% |
| Glasford | 4 | $102,450 | $2,212 | 2.2% |
| Kingston Mines | 2 | $77,500 | $1,685 | 2.2% |
| Dunlap | 5 | $190,500 | $3,849 | 2% |
| Chillicothe | 20 | $155,000 | $2,781 | 1.8% |
| Mapleton | 2 | $171,950 | $2,950 | 1.7% |
| Peoria Heights | 13 | $142,500 | $2,383 | 1.7% |
| Rome | 6 | $164,500 | $2,620 | 1.6% |
| Brimfield | 4 | $194,750 | $3,088 | 1.6% |