Sims, Wayne County, Illinois Property Taxes
Property Taxes in Sims, Illinois
Median Sims, Illinois effective property tax rate: 2.20%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Sims, Illinois home value: $56,706
Median annual Sims, Illinois tax bill: $1,728, $672 lower than the national median property tax bill of $2,400.
How are property taxes in Wayne calculated?
Property taxes in Sims, 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 Sims's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sims, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sims, Wayne County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.2%
Estimate Property Tax Bill
$1,248
$1,158
How Does the Sims Property Tax Calculator Work?
Use this Sims property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sims' median effective tax rate of 2.20% — based on actual property records in Wayne 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 Sims' 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 Sims: rates range from 2.20% in 62886 to 2.20% in 62886, 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 Sims.
About Sims Property Taxes
About Property Taxes in Sims, Wayne, Illinois
Sims’s median effective property tax rate of 2.20% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Wayne County base levy combined with local levies that shape the final tax bill for homeowners in the area.
Property tax rates are not uniform across Sims. In this city, the highest and lowest median effective tax rate is 2.20% in ZIP code 62886. That means the rate is the same across the area, but it still sits above the national median and below the state median.
Sims homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before May 5, 2025.
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 Sims, Wayne 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 Sims'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 Sims Tax Rate
2.20%
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 Wayne County Tax Rate
2.08%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sims, Wayne County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62886 | 0.90% | 1.66% | 2.20% | 2.60% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Sims, Wayne County, Illinois
When examining property taxes in Sims, 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 Wayne 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 Wayne County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Sims.
For example, the median home price in Sims is $56,706, with tax bills ranging significantly across the county. 62886 has the highest median home price at $56,706.
Property Tax Assessment Values Across Sims, Wayne County, Illinois
Source: Ownwell
$55,650
$84,391
$113,132
Median Sims Market Value
$56,706
Median Wayne County Market Value
$66,490
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sims, Wayne County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62886 | $6,372 | $15,512 | $56,706 | $112,876 | $151,231 |
Source: Ownwell
Property Tax Bills Across Sims, Wayne County, Illinois
Property tax bills in Sims 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 vary depending on exemptions, local levies, and other taxing districts. For homeowners, this means two houses with similar market values can still have different tax bills if their assessed values or applicable rates differ.
In Sims, the typical home value is $56,706, and property tax bills can range widely. The 25th percentile tax bill is $496, while the 75th percentile tax bill is $2,763 and the 90th percentile tax bill is $4,071. The median tax bill in the area is $1,728, which is below the national median property tax bill of $2,400 and below the national median property tax rate of 1.02%. For homeowners, understanding how the bill is calculated can help explain why taxes may rise even when a home’s market value changes little.
Median Sims Tax Bill
$1,728
Median Wayne County Tax Bill
$1,567
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Sims, Wayne County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62886 | $228 | $496 | $1,728 | $2,763 | $4,071 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 5 |
Links | |
|---|---|
| Wayne Tax Assessor | |
| Website | il1358.cichosting.com |