Edelstein, Peoria County, Illinois Property Taxes
Property Taxes in Edelstein, Illinois
Median Edelstein, Illinois effective property tax rate: 2.36%, significantly higher than the national median of 1.02%, and slightly higher than the Illinois state median of 2.33%.
Median Edelstein, Illinois home value: $218,340
Median annual Edelstein, Illinois tax bill: $4,986, $2,586 higher than the national median property tax bill of $2,400.
How are property taxes in Peoria County calculated?
Property taxes in Edelstein, 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 Edelstein's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edelstein, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Edelstein, Peoria County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.36%
Estimate Property Tax Bill
$5,153
$4,782
How Does the Edelstein Property Tax Calculator Work?
Use this Edelstein property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Edelstein’s median effective tax rate of 2.36% — based on actual property records in Peoria County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. Our calculator applies Edelstein’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 Edelstein: rates range from 2.36% in 61526 to 2.36% in 61526, 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 Edelstein.
About Edelstein Property Taxes
About Property Taxes in Edelstein, Peoria, Illinois
Edelstein's median effective property tax rate of 2.36% 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 Edelstein. Homeowners in the 61526 ZIP code carry a median effective rate of 2.36%, while those in the same ZIP code pay 2.36%. This reflects how school district boundaries and local assessment districts are drawn across Peoria County. Understanding which part of Edelstein you live in can make a meaningful difference to your annual tax bill.
Edelstein 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 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 Edelstein, 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 Edelstein'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 Edelstein Tax Rate
2.36%
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 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 Edelstein, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61526 | 2.08% | 2.24% | 2.36% | 2.50% | 2.68% |
Source: Ownwell
Property Tax Assessment Values Across Edelstein, Peoria County, Illinois
When examining property taxes in Edelstein, 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 Edelstein.
For example, the median home price in Edelstein is $218,340, with tax bills ranging significantly across the county. 61526 has the highest median home price at $218,340.
Property Tax Assessment Values Across Edelstein, Peoria County, Illinois
Source: Ownwell
$1,440
$145,470
$289,500
Median Edelstein Market Value
$218,340
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 Edelstein, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61526 | $33,780 | $121,950 | $218,340 | $284,880 | $353,310 |
Source: Ownwell
Property Tax Bills Across Edelstein, Peoria County, Illinois
Property tax bills in Edelstein are based on the assessed value of a home, not its market price alone. Local tax rates set by the county, schools, and other taxing bodies are applied to that assessed value to determine the annual bill. For homeowners, this means a higher assessed value usually leads to a larger tax bill, while a lower assessed value can reduce what is owed.
In Edelstein, the median home price is $218,340, and the median property tax bill is $4,986. That is above the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $2,772 and the 75th percentile at $6,693. At the 90th percentile, the tax bill reaches $8,384, showing how much assessed value and local rates can affect what homeowners pay each year.
Median Edelstein Tax Bill
$4,986
Median Peoria County Tax Bill
$2,655
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Edelstein, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61526 | $922 | $2,772 | $4,986 | $6,693 | $8,384 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Peoria Tax Assessor | |
| Website | propertytax.peoriacounty.gov |