Sparland, Peoria County, Illinois Property Taxes
Property Taxes in Sparland, Illinois
Median Sparland, Illinois effective property tax rate: 2.28%, significantly lower than the national median of 1.02%, and slightly lower than the Illinois state median of 2.33%.
Median Sparland, Illinois home value: $188,085
Median annual Sparland, Illinois tax bill: $3,973, higher than the national median property tax bill of $2,400.
How are property taxes in Peoria calculated?
Property taxes in Sparland, 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 Sparland's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sparland, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Sparland, Peoria County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.28%
Estimate Property Tax Bill
$4,288
$3,979
How Does the Sparland Property Tax Calculator Work?
Use this Sparland property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sparland's median effective tax rate of 2.28% — based on actual property records in Peoria 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 Sparland'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 Sparland: rates range from 2.28% in 61565 to 2.28% in 61565, 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 Sparland.
About Sparland Property Taxes
About Property Taxes in Sparland, Peoria, Illinois
Sparland’s median effective property tax rate of 2.28% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Peoria 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 Sparland. Homeowners in the 61565 ZIP code carry a median effective rate of 2.28%, while those in the same ZIP code also pay 2.28%. This means there is no spread across the city, but the rate still reflects how school district boundaries and local assessment districts are drawn across Peoria County. Understanding where you live in Sparland can still help you better estimate your annual tax bill.
Sparland 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 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 Sparland, Peoria 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 Sparland'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 Sparland Tax Rate
2.28%
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 Peoria County Tax Rate
2.62%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sparland, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61565 | 1.52% | 2.14% | 2.28% | 2.36% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Sparland, Peoria County, Illinois
When examining property taxes in Sparland, 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 Peoria 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 Peoria 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 Sparland.
For example, the median home price in Sparland is $188,085, with tax bills ranging significantly across the county. 61565 has the highest median home price at $188,085.
Property Tax Assessment Values Across Sparland, Peoria County, Illinois
Source: Ownwell
$1,440
$145,470
$289,500
Median Sparland Market Value
$188,085
Median Peoria County Market Value
$109,950
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sparland, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61565 | $102,135 | $136,688 | $188,085 | $283,972 | $371,571 |
Source: Ownwell
Property Tax Bills Across Sparland, Peoria County, Illinois
Property tax bills in Sparland are based on the assessed value of a home and the local tax rate set for Peoria County. When a property’s market value changes, the assessed value can change too, which affects the final bill. For a home with a median price of $188,085, the tax bill is shaped by how local taxing authorities apply rates to that value.
Homeowners in Sparland often see bills that reflect a wide range of outcomes. The 25th percentile tax bill is $2,712, while the 75th percentile is $6,567 and the 90th percentile reaches $8,730. The median tax bill is $3,973, which is above the national median property tax bill of $2,400 and higher than the national median property tax rate of 1.02%.
Because property taxes are tied to both home value and local rates, even similar homes can have different bills. That means homeowners may pay more or less depending on how their property is assessed and how taxing districts set their rates.
Median Sparland Tax Bill
$3,973
Median Peoria County Tax Bill
$2,655
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Sparland, Peoria County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61565 | $2,175 | $2,712 | $3,973 | $6,567 | $8,730 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Peoria Tax Assessor | |
| Website | propertytax.peoriacounty.gov |