Elizabethtown, Gallatin County, Illinois Property Taxes
Property Taxes in Elizabethtown, Illinois
Median Elizabethtown, Illinois effective property tax rate: 1.82%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Elizabethtown, Illinois home value: $55,550
Median annual Elizabethtown, Illinois tax bill: $801, lower than the national median property tax bill of $2,400.
How are property taxes in Gallatin calculated?
Property taxes in Elizabethtown, 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 Elizabethtown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elizabethtown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Elizabethtown, Gallatin County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.82%
Estimate Property Tax Bill
$1,011
$938
How Does the Elizabethtown Property Tax Calculator Work?
Use this Elizabethtown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Elizabethtown's median effective tax rate of 1.82% — based on actual property records in Gallatin 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 Elizabethtown'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 Elizabethtown: rates range from 1.82% in 62931 to 1.82% in 62931, 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 Elizabethtown.
About Elizabethtown Property Taxes
About Property Taxes in Elizabethtown, Gallatin, Illinois
Elizabethtown’s median effective property tax rate of 1.82% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Gallatin County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Elizabethtown. Homeowners in the 62931 ZIP code carry a median effective rate of 1.82%, while those in the same ZIP code pay 1.82%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Gallatin County. Understanding which part of Elizabethtown you live in can make a meaningful difference to your annual tax bill.
Elizabethtown homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the January 1, 1900 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 Elizabethtown, Gallatin 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 Elizabethtown'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 Ă· 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 Elizabethtown Tax Rate
1.82%
Our median effective property tax rate (tax bill Ă· 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 Gallatin County Tax Rate
2.07%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elizabethtown, Gallatin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62931 | 0.58% | 1.36% | 1.82% | 2.16% | 2.43% |
Source: Ownwell
Property Tax Assessment Values Across Elizabethtown, Gallatin County, Illinois
When examining property taxes in Elizabethtown, 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 Gallatin County assessment office 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 are sent in the spring each year and typically reach your mailbox by the middle of the month. 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 Elizabethtown is $55,550, with a median tax bill of $801. That is well below the national median property tax bill of $2,400 and reflects a property tax rate environment below the national median property tax rate of 1.02%.
Property Tax Assessment Values Across Elizabethtown, Gallatin County, Illinois
Source: Ownwell
$31,101
$65,549
$99,996
Median Elizabethtown Market Value
$55,550
Median Gallatin County Market Value
$47,868
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elizabethtown, Gallatin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62931 | $16,169 | $27,354 | $55,550 | $89,559 | $106,308 |
Source: Ownwell
Property Tax Bills Across Elizabethtown, Gallatin County, Illinois
Property tax bills in Elizabethtown are based on the assessed value of a home and the local tax rate set for Gallatin County. When a property is valued, that assessment is multiplied by the applicable tax rate to determine the annual bill. For homeowners, this means the amount owed can change if the market value of the home changes or if local taxing authorities adjust rates.
With a median home price of $55,550, property taxes in the city are relatively modest compared with the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. The median tax bill in the area is $801, and bills can vary widely, with the 25th percentile at $484 and the 75th percentile at $1,291. At the high end, the 90th percentile reaches $1,908.
For homeowners, property taxes are an important part of the cost of owning a home because they are tied directly to local assessments and can affect monthly housing affordability.
Median Elizabethtown Tax Bill
$801
Median Gallatin County Tax Bill
$823
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Elizabethtown, Gallatin County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62931 | $123 | $484 | $801 | $1,291 | $1,908 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 1 |
Links | |
|---|---|
| Gallatin Tax Assessor | |
| Website | gallatinil.wthgis.com |