Plymouth, Mcdonough County, Illinois Property Taxes
Property Taxes in Plymouth, Illinois
Median Plymouth, Illinois effective property tax rate: 2.33%, significantly higher than the national median of 1.02%, and equal to the Illinois state median of 2.33%.
Median Plymouth, Illinois home value: $101,361
Median annual Plymouth, Illinois tax bill: $2,088, $312 lower than the national median property tax bill of $2,400.
How are property taxes in McDonough County calculated?
Property taxes in Plymouth, 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 Plymouth's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Plymouth, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Plymouth, Mcdonough County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.33%
Estimate Property Tax Bill
$2,362
$2,192
How Does the Plymouth Property Tax Calculator Work?
Use this Plymouth property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Plymouth's median effective tax rate of 2.33% — based on actual property records in McDonough County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Plymouth'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 Plymouth: rates range from 2.33% in 62367 to 2.33% in 62367, 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 Plymouth.
About Plymouth Property Taxes
About Property Taxes in Plymouth, McDonough, Illinois
Plymouth’s median effective property tax rate of 2.33% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the McDonough 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 Plymouth. Homeowners in the 62367 ZIP code carry a median effective rate of 2.33%, while those in the same ZIP code pay 2.33%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across McDonough County.
Plymouth homeowners who believe their assessed value is too high can file a formal appeal with the 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 Plymouth, Mcdonough 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 Plymouth'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 Plymouth Tax Rate
2.33%
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 Mcdonough County Tax Rate
2.96%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Plymouth, Mcdonough County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62367 | 1.47% | 2.01% | 2.33% | 2.64% | 3.14% |
Source: Ownwell
Property Tax Assessment Values Across Plymouth, Mcdonough County, Illinois
When examining property taxes in Plymouth, 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 McDonough 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 a 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 Plymouth is $101,361, with a median tax bill of $2,088. In 62367, both the highest median home price and the highest median tax bill are $101,361 and $2,088.
Property Tax Assessment Values Across Plymouth, Mcdonough County, Illinois
Source: Ownwell
$37,314
$69,338
$101,361
Median Plymouth Market Value
$101,361
Median Mcdonough County Market Value
$74,048
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Plymouth, Mcdonough County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62367 | $35,068 | $62,980 | $101,361 | $134,977 | $158,626 |
Source: Ownwell
Property Tax Bills Across Plymouth, Mcdonough County, Illinois
Property tax bills in Plymouth are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value changes, the assessed value can shift as well, which affects the final bill homeowners receive. Local budgets for schools, roads, and other services also play a role in determining how much tax is collected.
With a median home price of $101,361, the typical property tax bill in Plymouth reflects a market that is far below the national median home price, yet the tax burden can still vary widely from one homeowner to another. The 25th percentile tax bill is $1,430, while the 75th percentile reaches $3,184, and the 90th percentile climbs to $4,158.
For homeowners, this means property taxes can be a major recurring cost, especially if a home is assessed above its true market value.
Median Plymouth Tax Bill
$2,088
Median Mcdonough County Tax Bill
$2,037
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Plymouth, Mcdonough County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62367 | $695 | $1,430 | $2,088 | $3,184 | $4,158 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| McDonough Tax Assessor | |
| Website | mcdonoughil.devnetwedge.com |