Dunlap, Peoria County, Illinois Property Taxes
Property Taxes in Dunlap, Illinois
Median Dunlap, Illinois effective property tax rate: 2.53%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Dunlap, Illinois home value: $289,500
Median annual Dunlap, Illinois tax bill: $7,472, higher than the national median property tax bill of $2,400.
How are property taxes in Peoria calculated?
Property taxes in Dunlap, 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 Dunlap's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dunlap, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Dunlap, Peoria County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.53%
Estimate Property Tax Bill
$7,324
$6,797
How Does the Dunlap Property Tax Calculator Work?
Use this Dunlap property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Dunlap's median effective tax rate of 2.53% — based on actual property records in Peoria 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 Dunlap'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 Dunlap: rates range from 2.53% in 61525 to 2.53% in 61525, 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 Dunlap.
About Dunlap Property Taxes
About Property Taxes in Dunlap, Peoria, Illinois
Dunlap’s median effective property tax rate of 2.53% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Peoria County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Dunlap. Homeowners in the 61525 ZIP code carry a median effective rate of 2.53%, while those in the lowest ZIP also pay 2.53%. This spread reflects how school district boundaries and local assessment districts are drawn across Peoria County. Understanding which part of Dunlap you live in can make a meaningful difference to your annual tax bill.
Dunlap homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above 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 Dunlap, Peoria 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 Dunlap'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 Dunlap Tax Rate
2.53%
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 Peoria County Tax Rate
2.62%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dunlap, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61525 | 2.07% | 2.23% | 2.53% | 2.74% | 2.81% |
Source: Ownwell
Property Tax Assessment Values Across Dunlap, Peoria County, Illinois
When examining property taxes in Dunlap, 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 Peoria 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 Peoria County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the season.
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 Dunlap.
For example, the median home price in Dunlap is $289,500, with tax bills ranging significantly across the county. ZIP code 61525 has the highest median home price at $289,500.
Property Tax Assessment Values Across Dunlap, Peoria County, Illinois
Source: Ownwell
$1,440
$145,470
$289,500
Median Dunlap Market Value
$289,500
Median Peoria County Market Value
$109,950
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dunlap, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61525 | $136,638 | $204,420 | $289,500 | $368,970 | $497,460 |
Source: Ownwell
Property Tax Bills Across Dunlap, Peoria County, Illinois
Property tax bills in Dunlap are calculated by applying the local tax rate to the assessed value of a home, which is based on its market value. Local taxing bodies, including the county, schools, and other public services, all play a role in setting the final bill. Homeowners with higher assessed values generally pay more, while those with lower assessed values pay less.
With a median home price of $289,500, property taxes can be a significant part of homeownership costs in Peoria County. The median tax bill in the area is $7,472.00, and bills vary widely depending on the home and location, with the 25th percentile at $4,848 and the 75th percentile at $9,634. For some homeowners, that means a much larger annual expense than the national median property tax bill of $2,400.
Median Dunlap Tax Bill
$7,472
Median Peoria County Tax Bill
$2,655
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Dunlap, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61525 | $2,992 | $4,848 | $7,472 | $9,634 | $13,325 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Peoria Tax Assessor | |
| Website | propertytax.peoriacounty.gov |