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South Central Reporter

Sunday, November 24, 2024

Clinton County effective property tax rate in Q1 was higher than the national average

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Clinton County Clerk And Recorder Vicky Albers | Clinton County Illinois

Clinton County Clerk And Recorder Vicky Albers | Clinton County Illinois

Property owners in Clinton County paid 2.7% of the value of their homes in property taxes in the first quarter of 2024, which is more than 2.4 times the national average, according to the real estate analysis posted by South Central Reporter.

The median sales price of a Clinton County home in the first quarter of 2024 was $117,500, based on data from the 10 properties sold during that time. In 2024, the median tax bill for the county was $3,180, which is 2.7% of the median value of the homes that were taxed.

This is 2.4 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Clinton County real estate data showed homeowners in Breese and New Baden paid the highest rates.

The above article calculates the effective property tax rate for 2024 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 Breese with some other cities belonging to Clinton County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2024.

CityQ1 2024 SalesQ1 2024 Median PriceMedian tax 2024Effective tax rate
Breese2$99,000$3,9584%
New Baden2$93,875$3,3793.6%
Hoffman2$87,500$1,8812.1%

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