Homeowners in Hanna City paid property taxes equal to 2.2% of their property’s value in the first quarter of 2026, making the rate more than 2.4 times higher than the national average, according to BlockShopper.com.
BlockShopper.com data show that the median sales price for a Hanna City home during the first quarter of 2026 was $130,000, based on nine homes sold. The city’s median tax bill for the year was $2,795, or 2.2% of the median assessed home value.
The average effective property tax rate in the U.S. was 0.888% in 2024.
Within Peoria County, Princeville and Elmwood recorded the county’s two highest effective rates.
This article’s effective property tax rate for 2026 is based on estimated inflation and 2023 tax data from the county. The actual effective rate may differ slightly in some instances.
U.S. home prices continued to rise in 2025, reaching a national median of about $447,000 in June. That represents an increase of 1.13% over the previous year, according to Redfin. The report highlights a wide gap in supply and demand, with 36% more sellers than buyers, or a difference of 508,715 homes. By Redfin’s criteria, a market is considered balanced if the number of buyers and sellers is within 10% of each other.
The following table shows the median effective property tax rate for Princeville and other selected cities in Peoria County, using real estate sales and property tax data from the first quarter of 2026.
| 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% |