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  3. /Wayne County
  4. /Palmyra

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Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2024 (payable 2025)i

IL DOR

Composite Ratei

22.15%–27.04%-7.6%YoY

Varies by school district

Municipal Portioni

3.6300%-2.2%YoY14.8% of total

Effective Ratei

2.22%–2.70%

Est. Annual Taxi

$3K–$4K

Median Home Valuei

$129,700

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20232024
Municipal
Other Districts

Where Your Tax Dollar Goesi

$0.75 Palmyra-Macedon CSD
$0.66 Marion CSD
$0.55 Newark CSD
$0.21 Wayne County
$0.15 Palmyra

Estimated Tax by Home Valuei

$50K

$3,692–$4,506

$100K

$7,383–$9,011

$150K

$11,075–$13,517

$200K

$14,766–$18,022

$250K

$18,458–$22,528

$300K

$22,150–$27,033

$350K

$25,841–$31,539

Highlighted value is closest to median home value ($130K)

5 Overlapping Taxing Districtsi

Palmyra-Macedon CSDUnit K-12
74.6%18.3362%
Marion CSDUnit K-12
66%16.2291%
Newark CSDUnit K-12
54.7%13.4518%
Wayne Countyi
20.6%5.0700%
Palmyrai
14.8%3.6300%