Peoria property tax, in one number.
The typical Peoria homeowner pays $3,719 a year on a $156,200 home. That's above the Peoria County rate (2.24%) and well above the U.S. rate (0.94%).
Estimate my taxPeoria at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Peoria's average effective rate, or pick another area.
- Bills are rising faster than values.The median tax paid went from $2,920 in 2015 to $4,263 in 2024 (+46%), and home values changed +35%.
- Mortgage holders pay more.Homes with a mortgage paid a median $4,084, versus $3,030 for homes owned outright, often because they're newer, higher-value or more recently reassessed.
- Share of income.The median bill equals about 6.3% of the median household income of $59,410.
The data, charted
Median tax paid & effective rate
Owners vs renters
Cities in Peoria County
Peoria compared
| Area | Median tax | Home value | Rate |
|---|---|---|---|
| Peoria | $3,719 | $156,200 | 2.38% |
| Peoria County | $3,552 | $158,500 | 2.24% |
| Illinois | $5,298 | $263,300 | 2.01% |
| United States | $3,119 | $332,700 | 0.94% |
Other cities in Peoria County
Effective property tax rates nearby.
Nearby
- Peoria County2.24% · $3,552
- Bartonville2.21% · $3,080
- Chillicothe2.13% · $2,837
- Fulton County2.14% · $2,289
- Woodford County2.13% · $4,215
- Tazewell County2.11% · $3,536
- Knox County1.96% · $2,190
- Marshall County1.94% · $2,766
- Stark County1.69% · $1,768
Good to know
What is the property tax rate in Peoria?
The effective rate is about 2.38%. The median homeowner pays $3,719 a year on a home worth a median $156,200 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $150,000 home in Peoria?
About $3,570 a year, or roughly $298 a month, at Peoria's average effective rate of 2.38%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
More: Peoria County · all Illinois counties · calculator for any county