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Monticello, 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
1.76%

Homeowners in Monticello, Illinois paid a median $3,709 a year in property tax on a median home worth $210,500, an effective rate of about 1.76% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#202 lowest of 856Illinois places we cover

1.81%Piatt County overall
Median tax paid
$3,709
per year, 2020–24
Median home value
$210,500
owner-occupied
Effective rate
1.76%
tax ÷ value
Tax vs. income
3.7%
of $99,449 median household income
Owner costs
$1,710/mo
median with a mortgage, incl. tax & insurance

Monticello vs county, state and US

Effective rate

Monticello1.76%
Piatt County1.81%
Illinois2.01%
United States0.94%

Median tax paid per year

Monticello$3,709
Piatt County$3,265
Illinois$5,298
United States$3,119

Tax on a home in Monticello

At the local 1.76% effective rate

Home valueEstimated yearly taxPer month
$150,000$2,643$220
$250,000$4,405$367
$350,000$6,167$514
$500,000$8,810$734

Buying a home in Piatt 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.

Major Cities & Counties in Illinois

Largest by population (Census ACS 2020–2024). Property tax for each:

Frequently asked questions

What is the property tax rate in Monticello, Illinois?

Homeowners in Monticello, Illinois paid a median $3,709 a year in property tax on a median home worth $210,500, an effective rate of about 1.76% (Census 2020–2024).

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

About $4,405 a year at the 1.76% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Monticello higher than the rest of Illinois?

Monticello ranks #202 lowest of 856 Illinois places we track. The statewide effective rate is 2.01%. Piatt County overall is 1.81%.

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