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Illinois Property Tax (2026)

Info: Illinois property tax is not administered by the state — it is assessed and managed locally by cities, counties, townships, and taxing districts.

InfoVerified Jul 11, 2026

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Illinois property tax is not administered by the state — it is assessed and managed locally by cities, counties, townships, and taxing districts. Local officials set assessed values and tax rates, so effective property-tax rates vary widely by locality; contact your local county officials for specifics.

Official source: tax.illinois.gov →

General legal information, not legal advice — verify important decisions with a licensed attorney.

Property Tax in states bordering Illinois

The same rule in each neighboring state LawLert has verified, from that state’s own official source.

IndianaInfo
Indiana's constitutional property-tax caps (circuit breaker credits) limit the bill to 1% of gross assessed value for homesteads, 2% for other residential and agricultural land, and 3% for nonresidential and personal property. Assessed value reflects market value-in-use; local levies set the rate. A homestead must receive the Homestead Standard Deduction to qualify for the 1% cap.
Verified Jul 7, 2026 · Source: in.gov · Full Indiana rule →
IowaInfo
Iowa has no statewide property tax; it is levied locally on the taxable value of real property. Property is assessed at 100% of market value (agricultural realty is valued on productivity); a statewide rollback can set taxable value below assessed value. Rates are a local composite of county, city, school-district, and special levies, expressed in dollars per $1,000 of taxable value.
Verified Jul 7, 2026 · Source: revenue.iowa.gov · Full Iowa rule →
KentuckyInfo
Real property in Kentucky is assessed by county Property Valuation Administrators (PVAs) and taxed at the state real property rate (10.6 cents per $100 of value for 2025) plus local rates set by counties, cities, school districts, and special districts. Rates and exemptions (such as the homestead exemption) are administered locally.
Verified Jul 11, 2026 · Source: revenue.ky.gov · Full Kentucky rule →
MissouriInfo
Property tax is assessed and collected locally. County assessors set your property's market value, apply a classification percentage to reach assessed value (19% for residential), then local taxing districts apply their levies, so rates vary by county and district.
Verified Jul 14, 2026 · Source: stc.mo.gov · Full Missouri rule →
WisconsinInfo
Wisconsin's primary local tax: municipal assessors value most property at market value as of Jan 1 (the state assesses manufacturing property and equalizes values across municipalities), and school districts, municipalities, counties, technical colleges and special districts levy on it. School-levy, lottery-and-gaming (primary residence) and first-dollar credits reduce bills; municipal and county levy growth is generally limited to net new construction.
Verified Jul 19, 2026 · Source: revenue.wi.gov · Full Wisconsin rule →

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