Property taxes in Montgomery County, Illinois
Homes in Montgomery County pay about 1.68% of their value in property taxes each year, or about $1,809 on a home at the local median sale price of $107,679. That’s lower than the typical county in Illinois (1.81%).
Effective rate1.68%Of home value per year
Rank in Illinois#67 of 1021 = highest rate
Tax at the median sale price$1,809On $107,679
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $4,200 | $350 |
| $400,000 | $6,720 | $560 |
| $600,000 | $10,080 | $840 |
| $800,000 | $13,440 | $1,120 |
| $1,000,000 | $16,800 | $1,400 |
How accurate is a county rate?
This is a county average: the median tax bill divided by the median home value. Your bill depends on the home’s assessed value, the town and school district, and any exemptions you qualify for. Ask for the home’s current tax bill before you make an offer.
Questions
What is the property tax rate in Montgomery County, Illinois?
About 1.68% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Montgomery County?
About $6,720 a year, or $560 a month.
Counties in Illinois with similar rates
More for Montgomery County
Montgomery County loan limitsIllinois closing costsCoffeen 62017 market dataFarmersville 62533 market dataHarvel 62538 market dataHillsboro 62049 market dataIrving 62051 market dataLitchfield 62056 market dataNokomis 62075 market dataPanama 62077 market dataRaymond 62560 market dataTaylor Springs 62089 market dataWaggoner 62572 market dataWitt 62094 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.