Arcola, Coles County, Illinois Property Taxes
Property Taxes in Arcola, Illinois
Median Arcola, Illinois effective property tax rate: 2.27%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Arcola, Illinois home value: $182,754
Median annual Arcola, Illinois tax bill: $3,842, higher than the national median property tax bill of $2,400.
How are property taxes in Coles calculated?
Property taxes in Arcola, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Arcola's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arcola, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Arcola, Coles County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.27%
Estimate Property Tax Bill
$4,149
$3,850
How Does the Arcola Property Tax Calculator Work?
Use this Arcola property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Arcola's median effective tax rate of 2.27% — based on actual property records in Coles County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Arcola's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Arcola: rates range from 3842.00% in 61910 to 3842.00% in 61910, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Arcola.
About Arcola Property Taxes
About Property Taxes in Arcola, Coles, Illinois
Arcola’s median effective property tax rate of 2.27% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Coles County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Arcola. Homeowners in the 61910 ZIP code carry a median effective rate of 2.27%, while those in the same ZIP code also pay 2.27%. That means there is no spread across the city’s reported ZIP-level data, but school district boundaries and local assessment districts can still affect what you owe in Coles County.
Arcola homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Arcola, Coles County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Arcola's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Arcola Tax Rate
2.27%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Coles County Tax Rate
2.02%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Arcola, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61910 | 1.93% | 2.11% | 2.27% | 2.36% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Arcola, Coles County, Illinois
When examining property taxes in Arcola, Illinois, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Coles County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Coles County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Arcola.
For example, the median home price in Arcola is $182,754, with tax bills ranging significantly across the county. 61910 has the highest median home price at $182,754.
Property Tax Assessment Values Across Arcola, Coles County, Illinois
Source: Ownwell
$68,403
$136,527
$204,651
Median Arcola Market Value
$182,754
Median Coles County Market Value
$97,527
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Arcola, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61910 | $20,494 | $95,538 | $182,754 | $329,594 | $500,159 |
Source: Ownwell
Property Tax Bills Across Arcola, Coles County, Illinois
Property tax bills in Arcola are based on the assessed value of a home and the local property tax rate set by taxing authorities. When a property’s assessed value rises, the tax bill can increase, even if the homeowner’s income does not change. The bill is also shaped by local levies that fund services such as schools, roads, and public safety.
With a median home price of $182,754, homeowners in Arcola may see tax bills that vary widely depending on the property’s assessed value and any applicable exemptions. The median tax bill in the area is $3,842, which is above the national median property tax bill of $2,400. That means many homeowners here pay more than the typical U.S. homeowner.
For homeowners, this can have a real impact on monthly housing costs and long-term affordability. Understanding how the tax bill is calculated is important, especially when a home’s assessed value changes or when local tax rates shift.
Median Arcola Tax Bill
$3,842
Median Coles County Tax Bill
$1,798
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Arcola, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61910 | $466 | $1,733 | $3,842 | $7,078 | $11,778 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Coles Tax Assessor | |
| Website | colesil.devnetwedge.com |