The median sales price of a Peoria County home in the third quarter of 2023 was $132,000, based on data from the 909 properties sold during that time. In 2023, the median tax bill for the county was $2,926, which is 2.2% of the median value of the homes that were taxed.
This is 2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Peoria County real estate data showed homeowners in Rome, Elmwood, and Bellevue paid the highest rates.
The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Rome with some other cities belonging to Peoria County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2023.
City | Q3 2023 Sales | Q3 2023 Median Price | Median tax 2023 | Effective tax rate |
---|---|---|---|---|
Rome | 5 | $69,000 | $2,471 | 3.6% |
Elmwood | 9 | $94,000 | $3,101 | 3.3% |
Bellevue | 14 | $72,500 | $2,071 | 2.9% |
Brimfield | 8 | $113,497 | $2,888 | 2.5% |
Mapleton | 2 | $112,000 | $2,756 | 2.5% |
Bartonville | 46 | $123,500 | $2,871 | 2.3% |
Peoria | 560 | $124,950 | $2,791 | 2.2% |
Dunlap | 11 | $179,000 | $3,747 | 2.1% |
West Peoria | 28 | $95,000 | $1,952 | 2.1% |
Lake Camelot | 15 | $229,900 | $4,722 | 2.1% |
Princeville | 8 | $156,000 | $3,190 | 2% |
Chillicothe | 35 | $140,000 | $2,701 | 1.9% |
Glasford | 6 | $117,500 | $2,224 | 1.9% |
Hanna City | 4 | $142,750 | $2,635 | 1.8% |
Peoria Heights | 35 | $142,000 | $2,008 | 1.4% |
Kingston Mines | 2 | $130,250 | $1,669 | 1.3% |