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Metro East Sun

Sunday, November 24, 2024

Jersey County effective property tax rate in Q2 2022 was higher than the national average

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Property owners in Jersey County paid 1.7% of the value of their homes in property taxes in the second quarter of 2022, which is more than 1.5 times the national average, according to the real estate analysis posted by the Metro East Sun.

The median sales price of a Jersey County home in the second quarter of 2022 was $134,500, based on data from the 91 properties sold during that time. In 2021 the median tax bill for the county was $2,239, which is 1.7% of the median value of the homes that were taxed.

This is 1.5 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Jersey County real estate data showed homeowners in Jerseyville, Brighton, and Grafton paid the highest rates.

The following table compares Jerseyville with some other cities belonging to Jersey County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2022.

CityQ2 2022 SalesQ2 2022 Median PriceMedian tax 2022Effective tax rate
Jerseyville49$106,000$2,0992%
Brighton2$137,825$2,4501.8%
Grafton4$213,500$3,5901.7%
Elsah3$225,000$3,1521.4%

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