Piatt County, Illinois Property Taxes

What Are Effective Property Tax Rates Across Piatt County?

Local government entities set tax rates, which vary widely across Piatt 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 Piatt County's effective property tax rate to other counties in Illinois or the U.S. median of 1.02%.

Piatt County's median effective rate stands at 2.65%, which is higher than the national median of 1.02%. Within Piatt County, the highest rate is found in FARMER CITY at 3.64%, while MONTICELLO has the lowest at 2.08%.

These variations reflect differences in local school district levies, Special service areas (SSAs) assessments, and special district bonds — which compound the base county rate.

Property tax bills in Piatt County are based on a home’s assessed value and the local tax rate set by taxing authorities. When a property’s market value rises, the assessed value can increase as well, which often leads to a higher tax bill. For homeowners, that means taxes are not fixed and can change from year to year depending on local assessments and levy decisions.

With a median home price of $166,368, property taxes can still vary widely across the county. The median tax bill is $3,695 in Monticello and $9,518 in De Land, showing how location can affect what homeowners pay. Across the county, the 25th percentile tax bill is $2,873, the 75th percentile is $8,499, and the 90th percentile is $13,592.

Compared with the national median property tax rate of 1.02% and national median tax bill of $2,400, Piatt County homeowners often face higher bills, making it important to understand how assessments influence annual costs.