Chambana Sun

Property owners in Champaign County paid 2.5% of the value of their homes in property taxes in the first quarter of 2024, which is more than 2.2 times the national average, according to the real estate analysis posted by Chambana Sun.

The median sales price of a Champaign County home in the first quarter of 2024 was $170,000, based on data from the 438 properties sold during that time. In 2024, the median tax bill for the county was $4,181, which is 2.5% of the median value of the homes that were taxed.

This is 2.2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Champaign County real estate data showed homeowners in Sidney, Champaign, and Urbana paid the highest rates.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Sidney with some other cities belonging to Champaign County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2024.

City	Q1 2024 Sales	Q1 2024 Median Price	Median tax 2024	Effective tax rate
Sidney	3	$50,000	$2,956	5.9%
Champaign	177	$177,000	$4,566	2.6%
Urbana	107	$165,000	$4,226	2.6%
Tolono	10	$134,000	$3,240	2.4%
St. Joseph	9	$186,000	$4,355	2.3%
Savoy	15	$300,000	$6,391	2.1%
Rantoul	27	$109,900	$2,272	2.1%
Ivesdale	2	$108,955	$2,294	2.1%
Mahomet	32	$293,500	$5,918	2%
Ogden	8	$171,400	$3,376	2%
Thomasboro	8	$105,500	$2,059	2%
Fisher	11	$178,000	$3,339	1.9%
Philo	2	$185,000	$3,493	1.9%
Pesotum	4	$148,250	$2,524	1.7%
Homer	9	$162,500	$2,566	1.6%
Bondville	2	$173,250	$2,753	1.6%
Gifford	2	$233,000	$3,493	1.5%
Broadlands	2	$162,500	$2,033	1.3%