How much did Vermilion County residents pay in property taxes in FY 2024?

How much did Vermilion County residents pay in property taxes in FY 2024?
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Median property tax bills in Vermilion County reached $1,325 in the fiscal year 2024, according to BlockShopper.com.

That represents an increase of 7.2% from $1,236 in the prior year.

Within the county, Catlin had the highest median property tax bill at $2,903, while Belgium had the lowest at $751.

In the fiscal year 2024, Vermilion County recorded the lowest median property tax bill among the 22 counties with available data in Illinois. Kendall County had the highest at $7,751.

The median property tax bill in Vermilion County was equal to 1.8% of the median assessed home value in the county.

Complete real estate data was not available for some counties in Illinois. This analysis includes only those with complete records and may not reflect a full statewide comparison.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That’s up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.

Even when property tax rates decline or remain stable, homeowners can still face higher tax bills if home values rise. Property taxes are calculated based on both the tax rate and the assessed value of a property, meaning increases in home prices can expand the tax base and raise the amount owed even when local governments lower rates. In fact, the average effective property tax rate on a median-valued home in the largest city in each state fell by more than 5% from 2023 to 2024, according to a Lincoln Institute of Land Policy analysis.

At the same time, rising property values have increased the overall tax base in many areas. Because property taxes are tied to market value, higher home prices can lead to larger tax bills even if rates decline or remain unchanged. Studies of U.S. housing markets have also found that a 1% increase in median home value is associated with roughly a 0.71% decrease in the effective tax rate, reflecting how strong housing price growth can push rates lower while still allowing governments to collect more revenue.

Median Property Tax Bills in Vermilion County in FY 2024

CityMedian Property Tax BillMedian Home ValueEffective Tax Rate
Catlin$2,903$125,0002.3%
Fithian$2,168$133,6181.6%
Bismarck$2,120$135,0001.6%
Fairmount$1,705$50,0003.4%
Rossville$1,528$99,0001.5%
Westville$1,387$86,5001.6%
Potomac$1,338$92,9501.4%
Ridge Farm$1,311$30,0004.4%
Oakwood$1,273$87,0001.5%
Olivet$1,248$56,5002.2%
Hoopeston$1,206$65,0001.9%
Georgetown$1,204$65,0001.9%
Sidell$1,087$93,1081.2%
Danville$1,068$63,0001.7%
Henning$1,036$41,5002.5%
Tilton$991$52,0001.9%
Rankin$857$38,0002.3%
Belgium$751$77,0001%

Median Property Tax Bills Among Counties in Illinois in FY 2024

County*Median Property Tax Bill
Kendall County$7,751
McHenry County$7,078
Kane County$6,963
Cook County$6,351
Grundy County$5,459
Boone County$4,944
Kankakee County$4,342
Champaign County$4,264
Tazewell County$3,356
Clinton County$3,103
Lee County$3,058
Stephenson County$2,859
Whiteside County$2,602
Jersey County$2,589
Jackson County$2,476
Carroll County$2,106
Coles County$2,021
Knox County$1,865
Hancock County$1,852
Fulton County$1,843
Crawford County$1,437
Vermilion County$1,325

*Only counties with complete property tax records are shown.

Information in this article was obtained from BlockShopper.com. The source data can be found here.



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