Quantcast

East Central Reporter

Monday, April 7, 2025

Effective property tax rate in Edgar County outpaced the national average in Q2 2023

Webp re 2

Property owners in Edgar County paid 1.7% of the value of their homes in property taxes in the second quarter of 2023, which is more than 1.5 times the national average, according to the real estate analysis posted by East Central Reporter.

The median sales price of a Edgar County home in the second quarter of 2023 was $73,500, based on data from the 82 properties sold during that time. In 2023, the median tax bill for the county was $1,256, which is 1.7% of the median value of the homes that were taxed.

This is 1.5 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Edgar County real estate data showed homeowners in Hume, Chrisman, and Paris paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2020 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Hume with some other cities belonging to Edgar County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.

CityQ2 2023 SalesQ2 2023 Median PriceMedian tax 2023Effective tax rate
Hume2$17,500$7114.1%
Chrisman3$38,000$1,0602.8%
Paris31$67,500$1,2421.8%
Brocton4$40,526$3540.9%
Kansas5$125,000$7140.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS