StateRates

Marshall County, Illinois property tax

The median homeowner in Marshall County, Illinois pays $2,743 a year in property tax on a home worth $137,800, an effective rate of 1.99%. The national effective rate is 0.98%.

Effective rate 1.99% #33 of 97 in Illinois
Median tax bill $2,743 per year
Median home value $137,800 owner-occupied
Median income $69,818 household

What the rate means here

At 1.99%, Marshall County taxes property more heavily than the country as a whole, which sits at 0.98%. The rate is high and the housing is cheap, and those two facts are connected. The bill of $2,743 is what actually leaves a household's account, and it is the number worth comparing between places.

It ranks #33 of 97 Illinois counties by effective rate, against a statewide 2.07%, and #95 nationally. The state runs from 2.68% in Lake County down to 0.82% in Pulaski County.

The median home costs 1.97 times the median household income of $69,818, against 3.86 nationally, which is a comfortable ratio by American standards. 79.71% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 11,715 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $4,975 per year at 1.99%
$400,000 home $7,960 per year at 1.99%
$600,000 home $11,940 per year at 1.99%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Marshall County, Illinois against Illinois and the country
Marshall County Illinois United States
Effective property tax 1.99% 2.07% 0.98%
Median tax bill $2,743 $5,189 $2,969
Median home value $137,800 $250,500 $303,400
Median gross rent $767 $1,227 $1,348
Median household income $69,818 $81,702 $78,538
Home price to income 1.97× 3.07× 3.86×
Rent as share of income 13.18% 18.02% 20.6%
Owner-occupied 79.71% 66.84% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 11,715.

Nearby counties of similar size

Other Illinois counties
County Rate Median bill Home value
Greene County 1.66% $1,564 $94,400
Menard County 1.64% $2,936 $179,300
Wabash County 1.47% $1,528 $103,900
Cass County 2.10% $2,007 $95,500
Mason County 2.15% $2,277 $106,100

Marshall County property tax: common questions

What is the property tax rate in Marshall County, Illinois?

The effective rate is 1.99% of home value, from a median tax bill of $2,743 against a median home value of $137,800. That is 1.01 points above the national 0.98%.

How much is property tax on a $400,000 home in Marshall County?

Roughly $7,960 a year at the county effective rate of 1.99%.

Is Marshall County expensive compared with the rest of Illinois?

It ranks #33 of 97 Illinois counties by effective property tax rate, and #95 of 2,826 nationally. That is 0.08 points below the Illinois average of 2.07%.

What does housing cost in Marshall County?

The median home is worth $137,800 and median gross rent is $767 a month. Median household income is $69,818, which puts the home at 1.97 times annual income and rent at 13.18% of it.