Shumway, Shelby County, Illinois Property Taxes
Property Taxes in Shumway, Illinois
Median Shumway, Illinois effective property tax rate: 1.85%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Shumway, Illinois home value: $189,456
Median annual Shumway, Illinois tax bill: $3,375, higher than the national median property tax bill of $2,400.
How are property taxes in Shelby calculated?
Property taxes in Shumway, 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 Shumway's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shumway, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Shumway, Shelby County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.85%
Estimate Property Tax Bill
$3,505
$3,252
How Does the Shumway Property Tax Calculator Work?
Use this Shumway property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Shumway's median effective tax rate of 1.85% — based on actual property records in Shelby County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal 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 Shumway'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 Shumway: rates range from 1.85% in 62461 to 1.85% in 62461, 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 Shumway.
About Shumway Property Taxes
About Property Taxes in Shumway, Shelby, Illinois
Shumway’s median effective property tax rate of 1.85% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Shelby 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 Shumway. Homeowners in the 62461 ZIP code carry a median effective rate of 1.85%, while those in the same ZIP code pay 1.85%. This spread reflects how school district boundaries and local assessment districts are drawn across Shelby County. Understanding which part of Shumway you live in can make a meaningful difference to your annual tax bill.
Shumway homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the July 11, 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 Shumway, Shelby 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 Shumway'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 Shumway Tax Rate
1.85%
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 Shelby County Tax Rate
1.92%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Shumway, Shelby County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62461 | 1.37% | 1.67% | 1.85% | 2.01% | 2.02% |
Source: Ownwell
Property Tax Assessment Values Across Shumway, Shelby County, Illinois
When examining property taxes in Shumway, 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 Shelby 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 Shelby County 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 the property tax bill.
For example, the median home price in Shumway is $189,456, with a median tax bill of $3,375. The highest median home price is in 62461 at $189,456.
Property Tax Assessment Values Across Shumway, Shelby County, Illinois
Source: Ownwell
$92,523
$181,191
$269,859
Median Shumway Market Value
$189,456
Median Shelby County Market Value
$135,435
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Shumway, Shelby County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62461 | $52,078 | $120,829 | $189,456 | $254,510 | $344,940 |
Source: Ownwell
Property Tax Bills Across Shumway, Shelby County, Illinois
Property tax bills in Shumway are based on the assessed value of a home and the local tax rates set by taxing authorities in Shelby County. When a property is reassessed, its market value helps determine the assessed value, which is then multiplied by the applicable tax rate to calculate the bill. For homeowners, this means changes in home value or local tax rates can directly affect what they owe each year.
In Shumway, the median home price is $189,456, and the median property tax bill is $3,375.00. That is above the national median property tax bill of $2,400, showing that local homeowners often face a higher annual burden than the typical U.S. homeowner. Bills can vary widely, with the 25th percentile at $2,025 and the 75th percentile at $4,561, depending on the property and its assessment.
Median Shumway Tax Bill
$3,375
Median Shelby County Tax Bill
$2,407
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Shumway, Shelby County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 62461 | $796 | $2,025 | $3,375 | $4,561 | $6,372 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 11 |
Links | |
|---|---|
| Shelby Tax Assessor | |
| Website | shelby-il.bhamaps.com |