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Rock Island Today

Tuesday, November 26, 2024

Rock Island County effective property tax rate in Q3 2022 was higher than the national average

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Property owners in Rock Island County paid 2.1% of the value of their homes in property taxes in the third quarter of 2022, which is more than 1.9 times the national average, according to the real estate analysis posted by the Rock Island Today.

The median sales price of a Rock Island County home in the third quarter of 2022 was $126,700, based on data from the 768 properties sold during that time. In 2021 the median tax bill for the county was $2,694, which is 2.1% of the median value of the homes that were taxed.

This is 1.9 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Rock Island County real estate data showed homeowners in Illinois City, Carbon Cliff, and Silvis paid the highest rates.

The following table compares Illinois City with some other cities belonging to Rock Island County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2022.

CityQ3 2022 SalesQ3 2022 Median PriceMedian tax 2022Effective tax rate
Illinois City3$60,000$3,3505.6%
Carbon Cliff15$77,000$2,3203%
Silvis35$110,000$2,9372.7%
Coal Valley22$166,000$4,2352.6%
East Moline106$117,500$2,9892.5%
Andalusia7$147,500$3,4972.4%
Edgington3$100,000$2,3872.4%
Rock Island202$112,850$2,5402.3%
Moline270$130,000$2,8442.2%
Taylor Ridge10$187,250$4,1912.2%
Milan45$150,000$3,0772.1%
Rapids City6$190,000$3,7272%
Hampton14$175,248$3,5192%
Port Byron12$244,500$4,3591.8%
Fruitland1$82,200$1,4101.7%
Reynolds2$164,450$2,6481.6%
Coyne Center5$205,000$2,7541.3%
Hillsdale4$197,000$2,3251.2%
Cordova3$265,000$2,9021.1%

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