How much are property taxes in Loran Township, IL?
Homeowners in Loran Township, IL pay a median of $4,547 (±$1,155) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $4,794.
Homes without a mortgage pay a median of $4,267.
That is about 2.3% of the median home value of $196,700.
In Loran Township, the median real estate tax went from $3,457 in 2015–2019 to $4,547 in 2020–2024 (+31.5%).
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
- $4,547 (±$1,155)
- With a mortgage
- $4,794
- Without a mortgage
- $4,267
- Share of median value
- 2.3%
Real estate taxes in Loran Township against Stephenson County, its state and the nation
| Loran Township | Stephenson County | Illinois | United States | |
|---|---|---|---|---|
| Median real estate taxes | $4,547 (±$1,155) | $3,240 (±$161) | $5,298 (±$22) | $3,119 |
| Homes with a mortgage | $4,794 (±$2,139) | $3,388 (±$307) | $5,833 (±$28) | $3,489 |
| Homes without a mortgage | $4,267 (±$1,419) | $3,108 (±$202) | $4,463 (±$30) | $2,576 |
| Median home value | $196,700 (±$36,238) | $134,900 (±$6,661) | $263,300 (±$797) | $332,700 |
In Loran Township, the median real estate tax is higher than in Stephenson County ($3,240).
It is not measurably different from Illinois ($5,298).
It is higher than the national figure ($3,119).
In Stephenson County, Loran Township ranks 5 of 30 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 622 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 Loran Township
The median tax ($4,547) is 2.3% of the median home value ($196,700).
Across Stephenson County the same ratio is 2.4%.
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 Loran Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $3,457 (±$523) | $4,547 (±$1,155) | +31.5% | No measurable change after inflation |
| Median home value | $115,500 (±$14,328) | $196,700 (±$36,238) | +70.3% | Up after inflation |
| Median owner cost with a mortgage | $1,159 (±$62) | $1,598 (±$347) | +37.9% | 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 Loran Township
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Loran Township | — | $4,547 (±$1,155) | — |
| Pearl City | 2.3 mi | $3,240 (±$394) | Lower |
| Jefferson Township | 4.4 mi | $2,100 (±$1,909) | Lower |
| Florence Township (Stephenson County) | 5.7 mi | $4,801 (±$638) | Not measurably different |
| Erin Township | 6.3 mi | $6,065 (±$780) | Higher |
| Cherry Grove-Shannon Township | 6.4 mi | $2,601 (±$537) | Lower |
| Shannon | 6.8 mi | $1,984 (±$217) | Lower |
| Kent Township | 6.9 mi | $3,706 (±$482) | Not measurably different |
| Harlem Township (Stephenson County) | 8.4 mi | $4,432 (±$314) | Not measurably different |
Nearby places with a measurably lower figure: Pearl City, IL ($3,240), Jefferson Township, IL ($2,100), Cherry Grove-Shannon Township, IL ($2,601).
Nearby places with a measurably higher figure: Erin Township, IL ($6,065).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Stephenson County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Erin Township | $6,065 (±$780) |
| 2 | Lake Summerset | $5,189 (±$723) |
| 3 | Rock Grove Township | $5,045 (±$811) |
| 4 | Florence Township (Stephenson County) | $4,801 (±$638) |
| 5 | Loran Township | $4,547 (±$1,155) |
| 6 | Waddams Township | $4,438 (±$2,835) |
| 7 | Harlem Township (Stephenson County) | $4,432 (±$314) |
| 8 | Silver Creek Township | $3,863 (±$1,137) |
| 9 | Rock Run Township | $3,771 (±$596) |
| 10 | Kent Township | $3,706 (±$482) |
| 11 | Ridott Township | $3,625 (±$1,297) |
Showing 11 of 30 places in Stephenson 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.
What you can do on Seayora in Loran Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Loran Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Loran Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Loran Township, and send estimates and invoices from your phone.
Questions about Loran Township
How much are property taxes in Loran Township?
The median real estate tax paid by homeowners in Loran Township, IL is $4,547 (±$1,155) a year (2020–2024 American Community Survey).
What is the property tax rate in Loran Township?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.3% of the median home value in Loran Township, and the actual rate is set by the town, county and school district.
Have property taxes in Loran Township gone up?
In Loran Township, the median real estate tax went from $3,457 in 2015–2019 to $4,547 in 2020–2024 (+31.5%).
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 Loran Township higher than in Stephenson County?
In Loran Township, the median real estate tax is higher than in Stephenson County ($3,240).
It is not measurably different from Illinois ($5,298).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Loran township, Stephenson County, Illinois (county subdivision:44758, in state:17 county:177).
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.
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 .
Related
- Housing in Loran Township at a glance
- Renters and owners in Loran Township
- Income and affordability in Loran Township
- Home values in Loran Township
- Homeowner costs in Loran Township
- Types of homes in Loran Township
- Bedrooms in Loran Township
- Age of homes in Loran Township
- Heating fuel in Loran Township
- Commute and cars in Loran Township
- Population growth in Loran Township
- How long people stay in Loran Township
- Illinois landlord and tenant rules
- Housing across Stephenson County
- Illinois places ranked by property taxes
- Housing data for every place in Illinois