How much are property taxes in Cambridge Township, IL?

Homeowners in Cambridge Township, IL pay a median of $2,651 (±$223) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $2,621.

Homes without a mortgage pay a median of $2,713.

That is about 2.1% of the median home value of $125,200.

In Cambridge Township, the median real estate tax went from $2,263 in 2015–2019 to $2,651 in 2020–2024 (+17.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$2,651 (±$223)
With a mortgage
$2,621
Without a mortgage
$2,713
Share of median value
2.1%

Real estate taxes in Cambridge Township against Henry County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
Cambridge TownshipHenry CountyIllinoisUnited States
Median real estate taxes$2,651 (±$223)$3,016 (±$139)$5,298 (±$22)$3,119
Homes with a mortgage$2,621 (±$256)$3,340 (±$193)$5,833 (±$28)$3,489
Homes without a mortgage$2,713 (±$425)$2,666 (±$210)$4,463 (±$30)$2,576
Median home value$125,200 (±$9,633)$151,600 (±$6,905)$263,300 (±$797)$332,700

In Cambridge Township, the median real estate tax is lower than in Henry County ($3,016).

It is also lower than in Illinois ($5,298).

It is lower than the national figure ($3,119).

In Henry County, Cambridge Township ranks 21 of 36 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 1281 of 2,625.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in Cambridge Township

The median tax ($2,651) is 2.1% of the median home value ($125,200).

Across Henry County the same ratio is 2.0%.

Across Illinois it is 2.0%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in Cambridge Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$2,263 (±$315)$2,651 (±$223)+17.1%No measurable change after inflation
Median home value$107,300 (±$8,544)$125,200 (±$9,633)+16.7%No measurable change after inflation
Median owner cost with a mortgage$985 (±$84)$1,256 (±$127)+27.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Cambridge Township

Nearest places with a published estimate, compared with Cambridge Township
PlaceDistanceMedian real estate taxesCompared with this place
Cambridge Township—$2,651 (±$223)—
Cambridge2.9 mi$2,563 (±$222)Not measurably different
Burns Township5.5 mi$3,792 (±$1,381)Not measurably different
Bishop Hill6.0 mi$1,500 (±$572)Lower
Weller Township6.4 mi$3,944 (±$2,461)Not measurably different
Andover Township6.6 mi$3,790 (±$596)Higher
Cornwall Township8.0 mi$3,488 (±$350)Higher
Andover8.1 mi$3,178 (±$474)Higher
Galva Township8.6 mi$1,931 (±$264)Lower

Nearby places with a measurably lower figure: Bishop Hill, IL ($1,500), Galva Township, IL ($1,931).

Nearby places with a measurably higher figure: Andover Township, IL ($3,790), Cornwall Township, IL ($3,488), Andover, IL ($3,178).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Henry County, place by place

RankPlaceMedian real estate taxes
15Colona$3,278 (±$323)
16Annawan Township$3,218 (±$175)
17Cleveland$3,184 (±$899)
18Andover$3,178 (±$474)
19Annawan$3,155 (±$193)
20Osco Township$2,885 (±$888)
21Cambridge Township$2,651 (±$223)
22Wethersfield Township$2,585 (±$252)
23Oxford Township$2,574 (±$400)
24Cambridge$2,563 (±$222)
25Woodhull$2,464 (±$277)
26Atkinson Township$2,448 (±$282)
27Atkinson$2,445 (±$280)

Showing 13 of 36 places in Henry County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cambridge Township

How much are property taxes in Cambridge Township?

The median real estate tax paid by homeowners in Cambridge Township, IL is $2,651 (±$223) a year (2020–2024 American Community Survey).

What is the property tax rate in Cambridge Township?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.1% of the median home value in Cambridge Township, and the actual rate is set by the town, county and school district.

Have property taxes in Cambridge Township gone up?

In Cambridge Township, the median real estate tax went from $2,263 in 2015–2019 to $2,651 in 2020–2024 (+17.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in Cambridge Township higher than in Henry County?

In Cambridge Township, the median real estate tax is lower than in Henry County ($3,016).

It is also lower than in Illinois ($5,298).

It is lower than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cambridge township, Henry County, Illinois (county subdivision:10656, in state:17 county:073).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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