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  2. /Illinois
  3. /McLean County
  4. /Towanda
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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

6.6225%-5.3%YoY

Municipal Portioni

0.6101%-11.7%YoY9.2% of total

Effective Ratei

2.21%

Est. Annual Taxi

$3K$291/mo

Median Home Valuei

$158,200

Total Leviedi

$163.3M

Tax Per Capitai

$201

Municipal Revenuei

$77K13.9% of total rev

Rate Trend — click a year to explorei

20232024
Municipal
Other Districts

Where Your Tax Dollar Goesi

$0.77 U 5 (McLean)
$0.09 Towanda
$0.08 Towanda Fpd
$0.03 Towanda Lbry Dist
$0.03 Towanda Twp

Estimated Tax by Home Valuei

$50K

$1,104

$92/mo

$100K

$2,207

$184/mo

$150K

$3,311

$276/mo

$200K

$4,415

$368/mo

$250K

$5,518

$460/mo

$300K

$6,622

$552/mo

$350K

$7,725

$644/mo

Highlighted value is closest to median home value ($158K)

5 Overlapping Taxing Districtsi

U 5 (McLean)Unit K-12i
76.5%5.0670%
$162.4M levied
Towandai
9.2%0.6101%
$72K levied
Towanda Fpdi
8.4%0.5579%
$444K levied
Towanda Lbry Disti
3.3%0.2179%
$218K levied
Towanda Twpi
2.6%0.1696%
$173K levied