Wabash County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 3,606.
The median annual property tax in Wabash County is $1,528, which is 45% lower than the Illinois state average and 21% below the national average. The effective tax rate is 1.47% on a median home value of $103,900. Property taxes represent 2.8% of the median household income in this county.
Median Annual Tax
$1,528
-45% vs State
-21% vs US
Median Home Value
$103,900
-29% vs State
-51% vs US
Effective Tax Rate
1.47%
-20% vs State
+55% vs US
With vs Without Mortgage
With Mortgage
$1,942
$162/mo
Without Mortgage
$1,189
$99/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 | $1,528 +3.2% | 1.47% |
| 2022 | $1,480 +8.3% | 1.57% |
| 2021 | $1,367 +1.0% | 1.64% |
| 2020 | $1,354 -9.4% | 1.67% |
| 2019 | $1,495 | 1.81% |
Tax Burden
Tax-to-Income Ratio
2.8%
of median household income
Median Income
$53,650
per year
Monthly Tax
$127
per month
Other Counties in Illinois
Rock Island County
Tax: $3,372/yr Rate: 2.33%
DuPage County
Tax: $7,833/yr Rate: 2.09%
Montgomery County
Tax: $1,758/yr Rate: 1.72%
Calhoun County
Tax: $2,565/yr Rate: 1.47%
Madison County
Tax: $3,232/yr Rate: 1.92%
Cook County
Tax: $6,053/yr Rate: 1.98%
Frequently Asked Questions
What is the average property tax in Wabash County, Illinois? ▼
The median annual property tax in Wabash County is $1,528 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.47% on a median home value of $103,900.
How does Wabash County property tax compare to the national average? ▼
Property taxes in Wabash County are 21% below the national average of $1,923. The effective rate of 1.47% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Wabash County? ▼
In Wabash County, homeowners with a mortgage pay a median of $1,942 in annual property taxes, while homeowners without a mortgage pay $1,189. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Wabash County? ▼
Property taxes in Wabash County represent approximately 2.8% of the median household income of $53,650. 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.