Urbana, IL Property Tax Rates
Compare property tax rates across 2 ZIP codes in Urbana, Illinois.
Avg Tax Rate
2.19%
Avg Annual Tax
$3,768
Avg Home Value
$171,150
ZIP Codes
2
Property Tax Overview: Urbana, IL
Urbana has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 2.19%, which is 17% above the Illinois average of 1.88%. Annual property taxes range from $3,239 (ZIP 61802) to $4,296 (ZIP 61801).
For a home at Urbana's median value of $171,150, property taxes add approximately $312/month to housing costs. Urbana home values are close to the Illinois median of $185,194.
Property tax rates within Urbana vary by 0.29 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
Urbana vs Illinois Average
Effective Tax Rate
17% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Urbana, IL?
The average effective property tax rate in Urbana, Illinois is 2.19%, based on 2 ZIP codes.
How much is property tax in Urbana, IL?
The average median annual property tax in Urbana is $3,768 per year, with a median home value of $171,150.
Which ZIP code in Urbana has the lowest property tax rate?
ZIP code 61802 has the lowest effective tax rate in Urbana at 2.05%, with a median annual tax of $3,239.
How many ZIP codes are in Urbana, IL?
Urbana, Illinois has 2 ZIP codes with property tax data available.
Which ZIP code in Urbana has the highest property tax rate?
ZIP code 61801 has the highest effective tax rate in Urbana at 2.33%, with a median annual tax of $4,296.
How do Urbana property taxes compare to the Illinois average?
Urbana's average effective rate of 2.19% is 17% above the Illinois state average of 1.88%.
What factors affect property tax rates between ZIP codes in Urbana?
Property tax rate differences within Urbana are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Urbana Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Illinois reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Urbana, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View Champaign County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.