Property Tax & Income in Piatt County, Illinois
Piatt County has an effective property tax rate of 1.81%. On the median home value of $180,600, that's roughly $3,265 per year. Median household income is $94,811.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Piatt County | Illinois (state context) |
|---|---|---|
| Effective property tax rate1 | 1.81% | 1.80% |
| Median home value1 | $180,600 | — |
| State income tax3 | top rate 4.95% | top rate 4.95% |
| State sales tax3 | 8.98% combined | 8.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Piatt County, IL
Piatt County’s effective property tax rate of 1.808% sits just above Illinois’s statewide median of 1.804%, a difference so slight that the county effectively mirrors the state as a whole. Both figures, however, stand far above the national median of 0.794%, meaning homeowners around Bement and the county’s other communities pay more than twice the national share of home value in annual taxes. Within Illinois, Piatt County ranks 50th of 102 counties, placing it squarely in the middle of the pack. On a median home value of $180,600, that rate yields an annual tax bill of $3,265, set against a median household income of $94,811 and per-capita income of $46,739. The picture is one of a county whose tax rate is unremarkable by Illinois standards but notably steep compared with most of the country.