Chambana Sun

Property owners in Champaign County paid 2.2% of the value of their homes in property taxes in the third 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 third quarter of 2023 was $185,500, based on data from the 776 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 Champaign, St. Joseph, and Urbana 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 Champaign with some other cities belonging to Champaign County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2023.

City	Q3 2023 Sales	Q3 2023 Median Price	Median tax 2023	Effective tax rate
Champaign	357	$194,750	$4,411	2.3%
St. Joseph	15	$180,000	$4,208	2.3%
Urbana	196	$175,000	$4,083	2.3%
Bondville	2	$121,000	$2,659	2.2%
Savoy	28	$307,000	$6,175	2%
Philo	7	$165,000	$3,375	2%
Fisher	11	$172,000	$3,226	1.9%
Rantoul	52	$118,000	$2,195	1.9%
Ogden	8	$172,500	$3,261	1.9%
Mahomet	37	$335,000	$5,717	1.7%
Homer	8	$145,000	$2,479	1.7%
Thomasboro	10	$115,950	$1,990	1.7%
Penfield	3	$130,000	$2,099	1.6%
Lake of the Woods	8	$279,950	$4,283	1.5%
Pesotum	3	$158,000	$2,438	1.5%
Sidney	6	$201,500	$2,856	1.4%
Tolono	12	$219,950	$3,130	1.4%
Gifford	3	$299,109	$3,374	1.1%
Sadorus	3	$188,900	$2,154	1.1%