Woodford County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 12,284.
The median annual property tax in Woodford County is $4,224, which is 52% higher than the Illinois state average and 120% above the national average. The effective tax rate is 2.18% on a median home value of $193,800. Property taxes represent 4.9% of the median household income in this county.
Median Annual Tax
$4,224
+52% vs State
+120% vs US
Median Home Value
$193,800
+33% vs State
-8% vs US
Effective Tax Rate
2.18%
+19% vs State
+129% vs US
With vs Without Mortgage
With Mortgage
$4,397
$366/mo
Without Mortgage
$4,045
$337/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 | $4,224 +2.4% | 2.18% |
| 2022 | $4,127 +6.6% | 2.22% |
| 2021 | $3,873 -0.4% | 2.25% |
| 2020 | $3,889 +3.6% | 2.28% |
| 2019 | $3,753 | 2.22% |
Tax Burden
Tax-to-Income Ratio
4.9%
of median household income
Median Income
$85,629
per year
Monthly Tax
$352
per month
Other Counties in Illinois
Logan County
Tax: $2,315/yr Rate: 1.84%
Douglas County
Tax: $2,586/yr Rate: 1.81%
Alexander County
Tax: $966/yr Rate: 1.65%
Bond County
Tax: $2,612/yr Rate: 1.96%
Edwards County
Tax: $1,429/yr Rate: 1.47%
Union County
Tax: $1,851/yr Rate: 1.41%
Frequently Asked Questions
What is the average property tax in Woodford County, Illinois? ▼
The median annual property tax in Woodford County is $4,224 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 2.18% on a median home value of $193,800.
How does Woodford County property tax compare to the national average? ▼
Property taxes in Woodford County are 120% above the national average of $1,923. The effective rate of 2.18% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Woodford County? ▼
In Woodford County, homeowners with a mortgage pay a median of $4,397 in annual property taxes, while homeowners without a mortgage pay $4,045. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Woodford County? ▼
Property taxes in Woodford County represent approximately 4.9% of the median household income of $85,629. 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.