61936 Property Tax Rate

Property owners in ZIP code 61936 (La Place, Illinois) pay a median of $1,228/year in property taxes on homes valued at $80,500. This translates to an effective tax rate of 1.53%, which is 19% below the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 61936 is approximately $102, which factors into escrow payments on mortgages. This ZIP code is located within Piatt County. This is $2,273 less than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 61936 has lower property taxes. ZIP codes with similar effective rates include 61844 (1.53%) and 61485 (1.53%).

In La Place, property taxes represent approximately 1.8% of the median household income of $67,125, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 61936, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Piatt County's tax assessor directly.