Broadlands property tax rate climbs to 1.7% by 2025, up from 1.2% in 2016

The effective property tax rate in Broadlands grew from 1.2% in 2016 to 1.7% in 2025, reflecting a 0.5 percentage point rise over a decade, BlockShopper.com reports.

In comparison, the average effective property tax rate throughout Champaign County fell from 2.2% in 2016 to 2% in 2025, representing a 0.2 percentage point decrease over the same span. In 2025, Broadlands maintained a lower rate than the countywide average.

Broadlands reported the second smallest growth in property tax rates among the 27 Champaign County cities included in the analysis during this period.

As of 2025, Broadlands ranked 18th in Champaign County for its 1.7% effective property tax rate relative to other municipalities in the county.

This rate is 1.9 times the 0.888% average effective property tax rate in the U.S. for 2024.

According to Redfin, U.S. home prices increased again in 2025, pushing the national median to about $447,000 in June, a 1.13% year-over-year rise. Their analysis notes a considerable gap between buyers and sellers, with 36% more homes listed than sought (508,715 more sellers). Redfin defines a balanced housing market as having no more than a 10% difference between buyer and seller numbers.

Homeowners may still notice higher tax bills as property values appreciate, even if rates hold steady or decline. That is because property taxes depend on both rate and assessed value. Thus, increasing home prices can expand the taxable amount and raise payments despite local government rate reductions. For example, the average effective tax rate on a median-priced home in each state’s largest city dropped by over 5% between 2023 and 2024, results from a Lincoln Institute of Land Policy analysis show.

At the same time, rising property values have grown the overall tax base in many regions. Since property tax is assessed by market value, increasing prices mean higher bills, even without changes in rates. Analyses of U.S. housing data indicate a 1% rise in median home values tends to coincide with about a 0.71% fall in effective property tax rates, as rising home prices enable governments to shrink rates while generating more revenue.