Average Tax Assessment in Clark County
Real Estate Values and Property Tax Valuation in Clark County, Illinois
Clark County has a total of 7,254 properties with a cumulative value of $605.2M. This represents 0.09% of all real estate value in Illinois. Property taxes in Clark County totaled $12.0M across these 7,254 properties, with an average homeowner paying $1,733 in property taxes compared to the state average of $5,405. The average property tax rate in Clark County is 1.98%, lower than the state average of 2.47%. Property taxes are calculated based on the assessed value of the property, which is typically lower than the market value.
In Illinois, property taxes are based on the value of the property as of January 1st. Property owners have the option to appeal their property taxes between June and December, or within 30 days of when the notices are published. Property tax bills are issued on February 1st and July 1st, with the first installment due on June 1st in Cook County. This first installment is estimated at 55% of the prior year's tax bill, with taxes paid in arrears.
Updated November 01, 2023
| Important Links | |
|---|---|
| Clark Clerk/Recorder | (859) 745-0280 |
| Clark Assessor | (217) 826-5815 |
| Clark Assessor | (812) 285-6225 |
| Clark Auditor / Recorder | (564) 397-2241 |
| Important Dates | |
|---|---|
| Property Valuation Date: | January 1st |
| Property Tax Appeal Deadline: | June - December or 30 days after notices are published |
| Property Tax Bills Issued: | February 1st and July 1st |
| Real Property Tax Bill Due (1st of #): | June, Two installments but due dates may vary by county March 1st, Cook County - 1st half installment, estimated at 55% of prior year tax bill with taxes paid in arrears. |
| Real Property Tax Bill Due (2nd of #): | September, Two installments but due dates may vary by county August 1, Cook County - 2nd half installment - TARGETED but may be delayed - due 30 days after being issued. Reconciled installment using the BOR certified AV, actual local tax rate, and final state equalization factor, less the estimated 1st installment with taxes paid in arrears |
| Available Exemptions | |
|---|---|
| Senior | Available |
| Disabled | Available |
| Homestead | Available |
| Veteran | Available |
| Solar/Wind | Available |
| Charitable | Available |
Don't Miss Your Property Tax Appeal Deadline
Real Estate Statistics in Clark County
Residential Property Taxes by Cities in Clark County
Clark County has an average property tax rate of 1.98%, which is slightly lower than the national average of 2.08%. This rate is applied to all property owners in the county, regardless of the city they live in. However, there is some variation in the effective property tax rate across the cities in Clark County. The city of Casey has the highest effective property tax rate at 2.16%, while the city of Dennison has the lowest effective property tax rate at 1.82%. This means that property owners in Casey will pay more in property taxes than those in Dennison.
Overall, Clark County has a relatively low property tax rate compared to other counties in the state. This makes it an attractive option for those looking to purchase property in the area. However, it is important to note that the effective property tax rate can vary significantly across the cities in the county, so it is important to research the rates in the city you are considering before making a purchase.
Tax Assessment Value
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of property assessment value in each city in Clark County. The tax assessment value may differ from the potential sale value, and is used to calculate the property tax for each piece of real estate.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Casey | $16,265 | $33,196 | $58,890 | $91,958 | $135,820 |
| Dennison | $17,379 | $47,080 | $79,974 | $139,197 | $182,229 |
| Marshall | $25,841 | $53,490 | $85,290 | $130,586 | $185,704 |
| Martinsville | $14,439 | $31,590 | $54,039 | $90,717 | $144,477 |
| Westfield | $15,031 | $29,715 | $45,078 | $80,250 | $119,357 |
| West Union | $8,311 | $23,408 | $47,430 | $84,660 | $138,459 |
Property Tax Bill
This table shows the percentiles of actual property tax paid on residential properties for each city in Clark County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Casey | $264 | $632 | $1,280 | $2,165 | $3,284 |
| Dennison | $233 | $673 | $1,430 | $2,602 | $3,727 |
| Marshall | $385 | $879 | $1,594 | $2,551 | $3,834 |
| Martinsville | $255 | $578 | $1,191 | $1,964 | $3,343 |
| Westfield | $242 | $496 | $943 | $1,990 | $3,048 |
| West Union | $101 | $287 | $836 | $1,624 | $2,945 |
Effective Property Tax Rate
The effective property tax rate is calculated by dividing the property tax bill by the assessed value. For the percentiles below, the calculation is performed using the percentiles for property tax bill and assessed value above. Therefore, each consecutive percentile doesn't necessarily show a larger value.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Casey | 1.62% | 1.90% | 2.17% | 2.35% | 2.42% |
| Dennison | 1.34% | 1.43% | 1.79% | 1.87% | 2.05% |
| Marshall | 1.49% | 1.64% | 1.87% | 1.95% | 2.06% |
| Martinsville | 1.77% | 1.83% | 2.20% | 2.16% | 2.31% |
| Westfield | 1.61% | 1.67% | 2.09% | 2.48% | 2.55% |
| West Union | 1.22% | 1.23% | 1.76% | 1.92% | 2.13% |
Reduce your property tax bill with Ownwell!
Real Estate Values in Clark County
The median home price in Clark County, Illinois has decreased significantly from October 2022 to October 2023, dropping by 57.14%. This suggests that the housing market in Clark County is cooling off, as fewer people are buying homes and more homes are becoming available. The home inventory in Clark County has also decreased slightly, from 31 homes in October 2022 to 30 homes in October 2023. This indicates that the housing market in Clark County is becoming more competitive, as fewer homes are available for purchase.
Average Home Value in Clark County, Illinois
Last updated: November 2023
Percent Change in Total Home Sales in Clark County
Last updated: November 2023
Percent Change in New Home Listings in Clark County
Last updated: November 2023
Reduce your property tax bill with Ownwell
Mortgage Rates in Clark County
Mortgages in Clark County are a major source of financing for homeowners. According to the latest figures, there is a total of $306.5M in outstanding loan amounts across home mortgages in the county. This amounts to 1.5K individual loans, representing a significant portion of the total home value in the area.
The median mortgage rate in Clark County varies across cities, with Westfield having the highest rate at 4.5% and Casey having the lowest rate at 4.25%. This variation in rates can have a significant impact on the cost of borrowing for homeowners, so it is important to shop around for the best rate when considering a mortgage.
Outstanding Mortgages
The table below shows the percentile distribution of outstanding loans on residential properties in Clark County by city.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Casey | $20,194 | $35,379 | $56,578 | $91,224 | $147,949 |
| Dennison | $28,452 | $45,825 | $66,406 | $123,849 | $234,101 |
| Marshall | $26,812 | $47,254 | $78,391 | $116,111 | $171,799 |
| Martinsville | $20,094 | $29,753 | $54,774 | $96,723 | $166,080 |
| Westfield | $7,184 | $17,663 | $36,636 | $63,695 | $107,836 |
| West Union | $11,787 | $27,705 | $52,922 | $90,404 | $166,468 |
Mortgage Rates
The following table shows the 10th, 25th, 50th, 75th, and 90th percentile of mortgage rates in cities across Clark County.
| City | 10th Percentile | 25th Percentile | Median | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Casey | 2.90% | 3.50% | 4.25% | 5.41% | 6.39% |
| Dennison | 3.22% | 3.86% | 4.40% | 5.94% | 6.51% |
| Marshall | 2.90% | 3.59% | 4.36% | 5.24% | 6.43% |
| Martinsville | 3.00% | 3.50% | 4.33% | 5.10% | 6.49% |
| Westfield | 3.12% | 3.75% | 4.50% | 5.23% | 6.44% |
| West Union | 2.99% | 3.71% | 4.37% | 5.12% | 6.42% |
Housing Expenses in Clark County, Illinois
Reduce your property tax bill with Ownwell
With Ownwell's property tax monitoring service ensures you'll never overpay on property taxes again.
How Ownwell works?
- Enter your property address and get an instant estimate of your potential tax savings based on local market data and our historical tax savings in your area.
- Sign up online and authorize Ownwell to fight your tax bill in less than 5 minutes.
- Sit back and let us get to work. Ownwell handles everything start to finish with no up-front costs. It’s all backed by our industry-leading Savings-or-Free Guarantee.
- When we save you money our fee is just 25% of your savings. If you don't save, you don't pay. We will continue to monitor your property taxes every year to ensure that you never overpay or have to worry about your property taxes again.