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Mason City, Illinois property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
2.07%

Homeowners in Mason City, Illinois paid a median $1,889 a year in property tax on a median home worth $91,100, an effective rate of about 2.07% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#450 lowest of 856Illinois places we cover

2.09%Mason County overall
Median tax paid
$1,889
per year, 2020–24
Median home value
$91,100
owner-occupied
Effective rate
2.07%
tax ÷ value
Tax vs. income
2.8%
of $66,524 median household income
Owner costs
$990/mo
median with a mortgage, incl. tax & insurance

Mason City vs county, state and US

Effective rate

Mason City2.07%
Mason County2.09%
Illinois2.01%
United States0.94%

Median tax paid per year

Mason City$1,889
Mason County$2,162
Illinois$5,298
United States$3,119

Tax on a home in Mason City

At the local 2.07% effective rate

Home valueEstimated yearly taxPer month
$150,000$3,110$259
$250,000$5,184$432
$350,000$7,257$605
$500,000$10,368$864

Buying a home in Mason County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Mason City, Illinois?

Homeowners in Mason City, Illinois paid a median $1,889 a year in property tax on a median home worth $91,100, an effective rate of about 2.07% (Census 2020–2024).

How much is property tax on a $250,000 home in Mason City?

About $5,184 a year at the 2.07% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Mason City higher than the rest of Illinois?

Mason City ranks #450 lowest of 856 Illinois places we track. The statewide effective rate is 2.01%. Mason County overall is 2.09%.