Putnam County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 1,996.
The median annual property tax in Putnam County is $2,668, which is 4% lower than the Illinois state average and 39% above the national average. The effective tax rate is 1.59% on a median home value of $167,800. Property taxes represent 3.4% of the median household income in this county.
Median Annual Tax
$2,668
-4% vs State
+39% vs US
Median Home Value
$167,800
+15% vs State
-21% vs US
Effective Tax Rate
1.59%
-13% vs State
+67% vs US
With vs Without Mortgage
With Mortgage
$2,876
$240/mo
Without Mortgage
$2,509
$209/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,668 +1.6% | 1.59% |
| 2022 | $2,625 +7.1% | 1.63% |
| 2021 | $2,452 +7.2% | 1.77% |
| 2020 | $2,287 +7.6% | 1.70% |
| 2019 | $2,126 | 1.68% |
Tax Burden
Tax-to-Income Ratio
3.4%
of median household income
Median Income
$77,526
per year
Monthly Tax
$222
per month
Other Counties in Illinois
Saline County
Tax: $1,445/yr Rate: 1.56%
Sangamon County
Tax: $3,369/yr Rate: 1.98%
Marshall County
Tax: $2,743/yr Rate: 1.99%
Carroll County
Tax: $2,308/yr Rate: 2.03%
Whiteside County
Tax: $2,676/yr Rate: 2.13%
Madison County
Tax: $3,232/yr Rate: 1.92%
Frequently Asked Questions
What is the average property tax in Putnam County, Illinois? ▼
The median annual property tax in Putnam County is $2,668 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.59% on a median home value of $167,800.
How does Putnam County property tax compare to the national average? ▼
Property taxes in Putnam County are 39% above the national average of $1,923. The effective rate of 1.59% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Putnam County? ▼
In Putnam County, homeowners with a mortgage pay a median of $2,876 in annual property taxes, while homeowners without a mortgage pay $2,509. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Putnam County? ▼
Property taxes in Putnam County represent approximately 3.4% of the median household income of $77,526. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.