Montgomery County, Illinois Property Taxes
Property Taxes in Montgomery County, Illinois
Median Montgomery County effective property tax rate: 2.68%, significantly higher than the national median of 1.02%.
Median Montgomery County home value: $101,482
Median annual Montgomery County tax bill: $2,749, $349 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery County calculated?
Property taxes in Montgomery County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Montgomery County or another part of Montgomery County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montgomery County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.68%
Estimate Property Tax Bill
$2,720
$2,524
How Does the Montgomery County Property Tax Calculator Work?
Use this Montgomery County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montgomery County's median effective tax rate of 2.68% to generate your estimate.
Enter your property's estimated assessed value — the figure the appraisal district assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Montgomery County’s median tax rate is higher than Illinois’ 2.33% median rate and higher than the national median property tax rate of 1.02%. The county’s median property tax bill is $2,749, which is $349 higher than the Illinois median bill.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Montgomery County.
Property Tax Rates Across Montgomery County, Illinois
What Are Effective Property Tax Rates Across Montgomery County?
Local government entities set tax rates, which vary widely across Montgomery County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Montgomery County's effective property tax rate to other counties in Illinois or the U.S. median of 1.02%.
Montgomery County's median effective rate stands at 2.68%, which is higher than the national median of 1.02%. Within Montgomery County, the highest rate is found in Farmersville at 2.96%, while Ramsey has the lowest at 2.11%.
These variations reflect differences in local school district levies, Special service areas (SSAs) assessments, and special district bonds — which compound the base county rate.
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 Montgomery County Tax Rate
2.68%
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 Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Montgomery County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butler | 1.57% | 2.32% | 2.78% | 3.11% | 3.53% |
| Donnellson | 1.59% | 2.13% | 2.58% | 2.96% | 4.35% |
| Farmersville | 2.51% | 2.64% | 2.96% | 3.22% | 3.53% |
| Fillmore | 1.30% | 2.28% | 2.62% | 2.96% | 3.23% |
| Harvel | 2.53% | 2.70% | 2.81% | 3.15% | 3.31% |
| Hillsboro | 1.54% | 2.28% | 2.65% | 2.79% | 3.04% |
| Irving | 1.22% | 1.96% | 2.50% | 2.79% | 3.10% |
| Litchfield | 1.76% | 2.38% | 2.77% | 2.98% | 3.19% |
| Morrisonville | 2.40% | 2.42% | 2.68% | 3.00% | 3.13% |
| Nokomis | 1.76% | 2.32% | 2.69% | 2.90% | 3.13% |
| Oconee | 1.02% | 1.89% | 2.30% | 2.52% | 2.90% |
| Pana | 1.92% | 2.10% | 2.64% | 2.93% | 3.45% |
| Ramsey | 1.54% | 1.76% | 2.11% | 2.36% | 2.53% |
| Raymond | 2.14% | 2.58% | 2.67% | 2.88% | 3.11% |
| Rosamond | 1.80% | 2.15% | 2.77% | 2.94% | 3.39% |
| Sorento | 2.13% | 2.49% | 2.62% | 2.79% | 3.06% |
| Virden | 2.50% | 2.57% | 2.75% | 3.19% | 3.38% |
| Waggoner | 2.05% | 2.58% | 2.80% | 3.07% | 3.33% |
| Walshville | 1.40% | 2.10% | 2.63% | 2.93% | 3.25% |
| Witt | 2.03% | 2.42% | 2.72% | 3.00% | 3.35% |
| Coffeen | N/A | N/A | N/A | N/A | N/A |
| Mount Olive | N/A | N/A | N/A | N/A | N/A |
| Mulberry Grove | N/A | N/A | N/A | N/A | N/A |
| New Douglas | N/A | N/A | N/A | N/A | N/A |
| Ohlman | N/A | N/A | N/A | N/A | N/A |
| Panama | N/A | N/A | N/A | N/A | N/A |
| Pawnee | N/A | N/A | N/A | N/A | N/A |
| Taylor Springs | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Montgomery County, Illinois
When examining property taxes in Montgomery County, 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 Montgomery County appraisal district 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 Montgomery County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of May.
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 Montgomery County.
For example, the median tax bill in Montgomery County is $2,749, compared with the national median property tax bill of $2,400. Tax bills range significantly across the county, from $1,452 at the 25th percentile to $4,642 at the 75th percentile and $6,307 at the 90th percentile. Farmersville has the highest median tax bill at $4,775, while Sorento has the highest median home price at $160,581.
Property Tax Assessment Values Across Montgomery County, Illinois
Source: Ownwell
$64,395
$112,488
$160,581
Median Montgomery County Market Value
$101,482
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Montgomery County, Illinois
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butler | $23,788 | $61,082 | $101,730 | $150,825 | $211,037 |
| Donnellson | $1,224 | $20,896 | $64,395 | $156,345 | $276,705 |
| Farmersville | $39,930 | $69,988 | $130,482 | $202,028 | $254,355 |
| Fillmore | $22,128 | $38,460 | $79,581 | $134,432 | $184,877 |
| Harvel | $26,154 | $77,914 | $140,228 | $181,192 | $200,428 |
| Hillsboro | $20,498 | $55,012 | $96,597 | $153,030 | $211,477 |
| Irving | $29,784 | $56,280 | $99,105 | $158,010 | $203,666 |
| Litchfield | $30,802 | $59,186 | $108,030 | $176,394 | $235,433 |
| Morrisonville | $74,335 | $115,410 | $145,077 | $196,950 | $267,759 |
| Nokomis | $12,708 | $42,180 | $98,862 | $158,640 | $219,090 |
| Oconee | $19,148 | $58,522 | $99,822 | $129,634 | $157,107 |
| Pana | $40,110 | $59,640 | $111,435 | $158,385 | $272,055 |
| Ramsey | $32,481 | $54,982 | $93,512 | $118,001 | $131,543 |
| Raymond | $11,340 | $67,470 | $155,142 | $212,580 | $273,582 |
| Rosamond | $53,784 | $87,767 | $129,126 | $215,056 | $283,208 |
| Sorento | $48,766 | $78,687 | $160,581 | $185,692 | $203,880 |
| Virden | $73,137 | $105,498 | $151,245 | $213,915 | $255,044 |
| Waggoner | $11,649 | $78,604 | $118,920 | $192,219 | $234,644 |
| Walshville | $17,662 | $55,044 | $102,870 | $151,485 | $202,440 |
| Witt | $23,871 | $59,075 | $101,404 | $168,908 | $196,521 |
| Coffeen | N/A | N/A | N/A | N/A | N/A |
| Mount Olive | N/A | N/A | N/A | N/A | N/A |
| Mulberry Grove | N/A | N/A | N/A | N/A | N/A |
| New Douglas | N/A | N/A | N/A | N/A | N/A |
| Ohlman | N/A | N/A | N/A | N/A | N/A |
| Panama | N/A | N/A | N/A | N/A | N/A |
| Pawnee | N/A | N/A | N/A | N/A | N/A |
| Taylor Springs | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Montgomery County, Illinois
How are property tax bills calculated in Montgomery County, Illinois?
Property tax bills in Montgomery County are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value, and the result is the annual bill homeowners receive. A home with a higher assessed value generally faces a larger tax bill, while lower assessments can reduce what is owed.
What factors affect the amount homeowners pay?
Several factors influence the final bill, including the home’s assessed value, local tax rates, and where the property is located within the county. Bills can vary widely from one community to another. The 25th percentile tax bill is $1,452, while the 75th percentile tax bill is $4,642, showing how much location and assessment can matter. The 90th percentile reaches $6,307, which can place a significant burden on homeowners. With a median home price of $101,482, property taxes can still take up a meaningful share of housing costs.
Median Montgomery County Tax Bill
$2,749
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Montgomery County, Illinois
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Butler | $1,153 | $1,620 | $3,170 | $4,573 | $6,115 |
| Donnellson | $312 | $1,442 | $2,504 | $4,889 | $7,412 |
| Farmersville | $1,471 | $2,184 | $4,775 | $5,987 | $8,222 |
| Fillmore | $484 | $861 | $1,917 | $3,518 | $5,498 |
| Harvel | $1,405 | $3,151 | $4,127 | $5,647 | $6,304 |
| Hillsboro | $602 | $1,355 | $2,485 | $4,132 | $5,967 |
| Irving | $550 | $1,165 | $2,085 | $3,979 | $5,554 |
| Litchfield | $917 | $1,685 | $2,872 | $4,566 | $7,069 |
| Morrisonville | $2,120 | $2,492 | $4,099 | $4,826 | $7,575 |
| Nokomis | $796 | $1,374 | $2,604 | $4,556 | $6,105 |
| Oconee | $740 | $1,788 | $2,463 | $2,852 | $3,671 |
| Pana | $1,146 | $1,386 | $2,429 | $4,984 | $7,757 |
| Ramsey | $706 | $966 | $1,463 | $2,128 | $2,822 |
| Raymond | $1,108 | $2,295 | $4,278 | $5,933 | $7,958 |
| Rosamond | $1,783 | $2,365 | $4,129 | $6,156 | $9,365 |
| Sorento | $1,740 | $2,156 | $3,581 | $5,037 | $5,527 |
| Virden | $1,964 | $2,500 | $4,448 | $6,641 | $7,503 |
| Waggoner | $495 | $2,002 | $3,124 | $5,572 | $7,023 |
| Walshville | $663 | $1,342 | $2,749 | $4,338 | $5,991 |
| Witt | $966 | $1,595 | $2,950 | $4,996 | $6,041 |
| Coffeen | N/A | N/A | N/A | N/A | N/A |
| Mount Olive | N/A | N/A | N/A | N/A | N/A |
| Mulberry Grove | N/A | N/A | N/A | N/A | N/A |
| New Douglas | N/A | N/A | N/A | N/A | N/A |
| Ohlman | N/A | N/A | N/A | N/A | N/A |
| Panama | N/A | N/A | N/A | N/A | N/A |
| Pawnee | N/A | N/A | N/A | N/A | N/A |
| Taylor Springs | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Montgomery Tax Assessor | |
| Website | montgomeryil.devnetwedge.com |