The median sales price of a Tazewell County home in the first quarter of 2022 was $123,000, based on data from the 567 properties sold during that time. In 2021 the median tax bill for the county was $2,887, which is 2.4% of the median value of the homes that were taxed.
This is 2.1 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Tazewell County real estate data showed homeowners in Hopedale, Armington, and Minier paid the highest rates.
The following table compares Hopedale with some other cities belonging to Tazewell County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2022.
City | Q1 2022 Sales | Q1 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Hopedale | 7 | $79,000 | $3,050 | 3.9% |
Armington | 2 | $62,500 | $2,375 | 3.8% |
Minier | 7 | $90,000 | $3,092 | 3.4% |
Mackinaw | 11 | $110,000 | $3,447 | 3.1% |
Washington | 87 | $147,500 | $4,135 | 2.8% |
East Peoria | 125 | $120,000 | $3,281 | 2.7% |
Heritage Lake | 5 | $180,000 | $4,797 | 2.7% |
Creve Coeur | 25 | $64,600 | $1,670 | 2.6% |
Pekin | 157 | $90,000 | $2,312 | 2.6% |
Deer Creek | 6 | $118,650 | $3,132 | 2.6% |
Marquette Heights | 7 | $90,000 | $2,243 | 2.5% |
Morton | 78 | $217,500 | $4,414 | 2% |
Tremont | 12 | $198,500 | $3,983 | 2% |
Delavan | 16 | $140,450 | $2,742 | 2% |
South Pekin | 8 | $101,450 | $1,509 | 1.5% |
Green Valley | 9 | $180,000 | $2,557 | 1.4% |
North Pekin | 4 | $167,500 | $1,585 | 0.9% |