Humboldt, Coles County, Illinois Property Taxes
Property Taxes in Humboldt, Illinois
Median Humboldt, Illinois effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Humboldt, Illinois home value: $131,829
Median annual Humboldt, Illinois tax bill: $2,385, $15 lower than the national median property tax bill of $2,400.
How are property taxes in Coles County calculated?
Property taxes in Humboldt, 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 Humboldt's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Humboldt, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Humboldt, Coles County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.15%
Estimate Property Tax Bill
$2,834
$2,630
How Does the Humboldt Property Tax Calculator Work?
Use this Humboldt property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Humboldt’s median effective tax rate of 2.15% — based on actual property records in Coles 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 Humboldt’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 Humboldt: rates range from 2.15% in 61931 to 2.15% in 61931, 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 Humboldt.
About Humboldt Property Taxes
About Property Taxes in Humboldt, Coles, Illinois
Humboldt’s median effective property tax rate of 2.15% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Coles County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Humboldt. Homeowners in ZIP code 61931 carry a median effective rate of 2.15%, while those in 61931 pay 2.15%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Coles County. Understanding which part of Humboldt you live in can make a meaningful difference to your annual tax bill.
Humboldt homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 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 Humboldt, Coles 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 Humboldt'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 Humboldt Tax Rate
2.15%
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 Coles County Tax Rate
2.02%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Humboldt, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61931 | 1.18% | 1.76% | 2.15% | 2.23% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Humboldt, Coles County, Illinois
When examining property taxes in Humboldt, 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 Coles 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 Coles 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. For example, the median home price in Humboldt is $131,829, with tax bills ranging significantly across the county. The median tax bill is $2,385, compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Humboldt, Coles County, Illinois
Source: Ownwell
$68,403
$136,527
$204,651
Median Humboldt Market Value
$131,829
Median Coles County Market Value
$97,527
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Humboldt, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61931 | $18,403 | $54,873 | $131,829 | $231,960 | $361,993 |
Source: Ownwell
Property Tax Bills Across Humboldt, Coles County, Illinois
Property tax bills in Humboldt are based on the assessed value of a home, not its market price alone. Local taxing authorities apply their tax rates to that assessed value to determine the final bill, so changes in assessment can directly affect what a homeowner owes. For many owners, the size of the bill depends on the home’s value, the tax rate set by local governments, and any exemptions that may reduce taxable value.
With a median home price of $131,829, Humboldt homeowners can see a wide range in annual taxes. The 25th percentile tax bill is $803, while the 75th percentile is $4,517 and the 90th percentile reaches $7,569. The median tax bill in ZIP code 61931 is $2,385, which is slightly below the national median property tax bill of $2,400. Because property taxes are recurring, even modest assessment changes can have a meaningful impact on household budgets.
Median Humboldt Tax Bill
$2,385
Median Coles County Tax Bill
$1,798
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Humboldt, Coles County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61931 | $340 | $803 | $2,385 | $4,517 | $7,569 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Coles Tax Assessor | |
| Website | colesil.devnetwedge.com |