During the first quarter of 2026, Dallas City property owners paid property taxes equal to 1.3% of their home’s value, which is more than 1.4 times above the national average, according to BlockShopper.com.
The median sales price for Dallas City homes in the same period was $121,000, based on the two properties purchased at that time. The city’s median tax bill stood at $1,515 in 2026, which is 1.3% of the taxed homes’ median value.
The national average effective property tax rate was 0.888% in 2024.
Within Hancock County, the cities of Hamilton, La Harpe, and Warsaw posted the highest effective property tax rates.
This article calculates Dallas City’s 2026 effective property tax rate using estimated inflation-adjusted values and county-provided 2024 tax data. Actual effective rates may differ slightly in some instances.
U.S. home prices continued to rise in 2025, with the national median price climbing to about $447,000 by June. That marked a 1.13% increase over the prior year, according to Redfin. The latest report also showed a major disparity between supply and demand, with 36% more sellers than buyers—a difference of 508,715 homes. Redfin considers a housing market balanced when the number of sellers and buyers are within 10% of each other.
The table below contrasts Hamilton and other Hancock County cities by their median effective property tax rates, calculated with sales and property tax data from the first quarter of 2026.
| City | Q1 2026 Sales | Q1 2026 Median Price | Median tax 2026 | Effective tax rate |
|---|---|---|---|---|
| Hamilton | 9 | $77,500 | $2,281 | 2.9% |
| La Harpe | 3 | $59,600 | $1,655 | 2.8% |
| Warsaw | 9 | $85,000 | $2,047 | 2.4% |
| Carthage | 10 | $105,000 | $2,182 | 2.1% |
| Nauvoo | 3 | $185,000 | $2,743 | 1.5% |
| Dallas City | 2 | $121,000 | $1,515 | 1.3% |