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West Central Reporter

Saturday, July 19, 2025

Effective property tax rate in Hancock County outpaced the national average in Q2 2023

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Hancock County Il Clerk And Recorder Holly Wilde-Tillman (2023) | Hancock County Clerk Office of the County Clerk

Hancock County Il Clerk And Recorder Holly Wilde-Tillman (2023) | Hancock County Clerk Office of the County Clerk

Property owners in Hancock County paid 1.7% of the value of their homes in property taxes in the second quarter of 2023, which is more than 1.5 times the national average, according to the real estate analysis posted by West Central Reporter.

The median sales price of a Hancock County home in the second quarter of 2023 was $96,000, based on data from the 44 properties sold during that time. In 2023, the median tax bill for the county was $1,649, which is 1.7% of the median value of the homes that were taxed.

This is 1.5 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Hancock County real estate data showed homeowners in Dallas City, Nauvoo, and Carthage paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Dallas City with some other cities belonging to Hancock County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.

CityQ2 2023 SalesQ2 2023 Median PriceMedian tax 2023Effective tax rate
Dallas City4$43,000$1,2252.8%
Nauvoo2$104,450$2,5412.4%
Carthage13$100,000$1,8841.9%
Hamilton11$124,000$2,0121.6%
Warsaw5$120,000$1,7911.5%
Plymouth2$47,950$4210.9%
La Harpe2$145,000$1,2220.8%

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