The median sales price of a Sangamon County home in the second quarter of 2022 was $133,000, based on data from the 951 properties sold during that time. In 2020 the median tax bill for the county was $2,478, which is 1.9% of the median value of the homes that were taxed.
This is 1.7 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Sangamon County real estate data showed homeowners in Loami, Williamsville, and Riverton paid the highest rates.
The following table compares Loami with some other cities belonging to Sangamon County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.
City | Q2 2022 Sales | Q2 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Loami | 5 | $60,000 | $2,408 | 4% |
Williamsville | 5 | $120,000 | $4,069 | 3.4% |
Riverton | 20 | $90,000 | $2,626 | 2.9% |
Southern View | 15 | $90,000 | $2,121 | 2.4% |
Mechanicsburg | 2 | $83,095 | $1,907 | 2.3% |
Rochester | 30 | $175,250 | $4,051 | 2.3% |
New Berlin | 12 | $143,250 | $3,294 | 2.3% |
Divernon | 7 | $87,000 | $1,991 | 2.3% |
Pawnee | 11 | $115,000 | $2,652 | 2.3% |
Chatham | 51 | $176,000 | $3,947 | 2.2% |
Springfield | 711 | $125,000 | $2,553 | 2% |
Spaulding | 4 | $185,250 | $3,564 | 1.9% |
Buffalo | 1 | $115,000 | $2,121 | 1.8% |
Pleasant Plains | 15 | $187,500 | $3,409 | 1.8% |
Sherman | 14 | $251,500 | $4,503 | 1.8% |
Auburn | 21 | $126,000 | $2,049 | 1.6% |
Illiopolis | 9 | $125,000 | $1,729 | 1.4% |
Thayer | 4 | $78,750 | $1,051 | 1.3% |
Cantrall | 2 | $291,750 | $3,844 | 1.3% |
Dawson | 7 | $255,000 | $3,071 | 1.2% |