Varna, Marshall County, Illinois Property Taxes
Property Taxes in Varna, Illinois
Median Varna, Illinois effective property tax rate: 2.71%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Varna, Illinois home value: $156,580
Median annual Varna, Illinois tax bill: $4,306, $1,906 higher than the national median property tax bill of $2,400.
How are property taxes in Marshall calculated?
Property taxes in Varna, 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 Varna's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Varna, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Varna, Marshall County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.71%
Estimate Property Tax Bill
$4,243
$3,938
How Does the Varna Property Tax Calculator Work?
Use this Varna property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Varna's median effective tax rate of 2.71% — based on actual property records in Marshall 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 Varna'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 Varna: rates range from 2.71% in 61375 to 2.71% in 61375, 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 Varna.
About Varna Property Taxes
About Property Taxes in Varna, Marshall, Illinois
Varna’s median effective property tax rate of 2.71% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Marshall 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 Varna. Homeowners in the 61375 ZIP code carry a median effective rate of 2.71%, while those in the same ZIP code pay 2.71%. This spread reflects how school district boundaries and local assessment districts are drawn across Marshall County. Understanding where you live in Varna can make a meaningful difference to your annual tax bill.
Varna homeowners who believe their assessed value is too high can file a formal appeal with the Marshall County 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 Varna, Marshall 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 Varna'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 ÷ 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 Varna Tax Rate
2.71%
Our median effective property tax rate (tax bill ÷ 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 Marshall County Tax Rate
2.89%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Varna, Marshall County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61375 | 1.86% | 2.42% | 2.71% | 2.88% | 3.21% |
Source: Ownwell
Property Tax Assessment Values Across Varna, Marshall County, Illinois
When examining property taxes in Varna, 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 Marshall 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 Marshall County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. For example, the median home price in Varna is $156,580, with the median tax bill at $4,306. That is above the national median property tax bill of $2,400 and reflects a higher-than-national tax burden.
Property Tax Assessment Values Across Varna, Marshall County, Illinois
Source: Ownwell
$107,640
$138,990
$170,340
Median Varna Market Value
$156,580
Median Marshall County Market Value
$135,138
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Varna, Marshall County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61375 | $63,768 | $91,456 | $156,580 | $198,587 | $338,412 |
Source: Ownwell
Property Tax Bills Across Varna, Marshall County, Illinois
Varna property tax bills are based on the assessed value of a home, not its market price alone. Local taxing authorities apply the tax rate to that assessed value to determine the annual bill, and the amount can change when home values or tax rates change.
Several factors affect what homeowners pay, including the home's assessed value, local budgets, and any exemptions that may apply. With a median home price of $156,580, property taxes can represent a meaningful part of ownership costs in Marshall County.
The typical property tax bill in the area is $4,306, which is above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $2,390 and the 75th percentile at $5,705, while the 90th percentile reaches $9,315. For homeowners, that means property taxes can have a significant impact on monthly affordability and long-term housing costs.
Median Varna Tax Bill
$4,306
Median Marshall County Tax Bill
$3,953
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Varna, Marshall County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61375 | $1,186 | $2,390 | $4,306 | $5,705 | $9,315 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Marshall Tax Assessor | |
| Website | propertytaxonline.org |