Chambana Sun

Property owners in Champaign County paid 2.2% of the value of their homes in property taxes in the second quarter of 2023, which is more than 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 second quarter of 2023 was $185,000, based on data from the 862 properties sold during that time. In 2023, the median tax bill for the county was $4,039, which is 2.2% of the median value of the homes that were taxed.

This is 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 Foosland, Broadlands, and Ludlow paid the highest rates.

The above article calculates the effective property tax rate for 2023 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 Foosland with some other cities belonging to Champaign County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.

City	Q2 2023 Sales	Q2 2023 Median Price	Median tax 2023	Effective tax rate
Foosland	2	$17,500	$1,520	8.7%
Broadlands	5	$40,000	$1,964	4.9%
Ludlow	2	$38,450	$1,409	3.7%
Homer	6	$93,750	$2,479	2.6%
Champaign	370	$185,000	$4,411	2.4%
Fisher	18	$144,950	$3,226	2.2%
Glover	2	$295,000	$6,579	2.2%
Rantoul	50	$100,500	$2,195	2.2%
Urbana	240	$195,000	$4,083	2.1%
Lake of the Woods	5	$210,500	$4,283	2%
Gifford	8	$171,750	$3,374	2%
St. Joseph	16	$210,000	$4,208	2%
Savoy	42	$321,000	$6,175	1.9%
Ogden	4	$167,500	$3,261	1.9%
Sadorus	4	$110,950	$2,154	1.9%
Sidney	9	$157,500	$2,856	1.8%
Mahomet	35	$317,500	$5,717	1.8%
Tolono	15	$175,000	$3,130	1.8%
Bondville	3	$152,000	$2,659	1.7%
Philo	5	$215,000	$3,375	1.6%
Pesotum	4	$164,950	$2,438	1.5%
Seymour	3	$168,000	$2,552	1.5%
Thomasboro	5	$147,500	$1,990	1.3%
Dewey	3	$395,000	$4,834	1.2%