Marshall, Clark County, Illinois Property Taxes
Property Taxes in Marshall, Illinois
Median Marshall, Illinois effective property tax rate: 1.84%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Marshall, Illinois home value: $107,156
Median annual Marshall, Illinois tax bill: $1,869, $531 lower than the national median property tax bill of $2,400.
How are property taxes in Clark calculated?
Property taxes in Marshall, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Marshall's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marshall, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Marshall, Clark County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.84%
Estimate Property Tax Bill
$1,972
$1,830
How Does the Marshall Property Tax Calculator Work?
Use this Marshall property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Marshall's median effective tax rate of 1.84% — based on actual property records in Clark County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Marshall's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Marshall: rates range from 1.84% in 62441 to 1.84% in 62441, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Marshall.
About Marshall Property Taxes
About Property Taxes in Marshall, Clark, Illinois
Marshall’s median effective property tax rate of 1.84% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Clark County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across Marshall. Homeowners in the 62441 ZIP code carry a median effective rate of 1.84%, while the same ZIP also reflects the city’s lowest rate at 1.84%. That means there is no spread across the city, but school district boundaries and local assessment districts still shape what homeowners pay in Clark County.
Marshall homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the January 1, 1970 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Marshall, Clark County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Marshall's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Marshall Tax Rate
1.84%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Clark County Tax Rate
1.95%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Marshall, Clark County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62441 | 1.15% | 1.67% | 1.84% | 2.01% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Marshall, Clark County, Illinois
When examining property taxes in Marshall, Illinois, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Clark County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Clark County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Marshall.
For example, the median home price in Marshall is $107,156, with tax bills ranging significantly across the county. 62441 has the highest median home price at $107,156.
Property Tax Assessment Values Across Marshall, Clark County, Illinois
Source: Ownwell
$56,658
$93,477
$130,296
Median Marshall Market Value
$107,156
Median Clark County Market Value
$89,572
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marshall, Clark County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62441 | $32,687 | $65,896 | $107,156 | $168,606 | $249,832 |
Source: Ownwell
Property Tax Bills Across Marshall, Clark County, Illinois
How are property tax bills calculated in Marshall, Illinois?
Property tax bills in Marshall are based on the assessed value of a home, not the market price alone. Local taxing authorities apply their tax rates to that assessed value, and the final bill depends on the mix of county, city, school, and other local levies. For homeowners, this means the amount owed can change when assessments or tax rates change.
In Marshall, the median home price is $107,156, and the median property tax bill is $1,869. That is below the national median property tax bill of $2,400, showing that many homeowners in the city pay less than the typical U.S. homeowner. Bills can still vary widely, though, with the 25th percentile at $1,016 and the 75th percentile at $3,065. The 90th percentile reaches $4,689, which shows how higher assessed values and local tax rates can significantly increase what homeowners owe.
Median Marshall Tax Bill
$1,869
Median Clark County Tax Bill
$1,620
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Marshall, Clark County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62441 | $456 | $1,016 | $1,869 | $3,065 | $4,689 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Clark Tax Assessor | |
| Website | clarkil.devnetwedge.com |