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  2. /Illinois
  3. /Iroquois County
  4. /Milford
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Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2024 (payable 2025)i

Source

Composite Ratei

7.9806%-4%YoY

Municipal Portioni

0.8912%-17.4%YoY11.2% of total

Effective Ratei

2.66%

Est. Annual Taxi

$2K$145/mo

Median Home Valuei

$65,300

Total Leviedi

$8.2M

Tax Per Capitai

$95

Municipal Revenuei

$119K5.9% of total rev

Rate Trend — click a year to explorei

20232024
Municipal
Other Districts

Where Your Tax Dollar Goesi

$0.70 U 124 (Iroquois)
$0.11 Milford
$0.10 Milford Twp
$0.06 Milford Pkd
$0.02 Milford Fpd
$0.01 Milford Lbry Dist

Estimated Tax by Home Valuei

$50K

$1,330

$111/mo

$100K

$2,660

$222/mo

$150K

$3,990

$333/mo

$200K

$5,320

$443/mo

$250K

$6,650

$554/mo

$300K

$7,980

$665/mo

$350K

$9,310

$776/mo

Highlighted value is closest to median home value ($65K)

6 Overlapping Taxing Districtsi

U 124 (Iroquois)Unit K-12i
70%5.5890%
$7.5M levied
Milfordi
11.2%0.8912%
$108K levied
Milford Twpi
9.5%0.7591%
$254K levied
Milford Pkdi
5.5%0.4394%
$147K levied
Milford Fpdi
2.3%0.1875%
$85K levied
Milford Lbry Disti
1.4%0.1144%
$97K levied