The median sales price of a Carroll County home in the fourth quarter of 2023 was $69,450, based on data from the 78 properties sold during that time. In 2023, the median tax bill for the county was $2,030, which is 2.9% of the median value of the homes that were taxed.
This is 2.6 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Carroll County real estate data showed homeowners in Chadwick, Lanark, and Mount Carroll paid the highest rates.
The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2020 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Chadwick with some other cities belonging to Carroll County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2023.
| City | Q4 2023 Sales | Q4 2023 Median Price | Median tax 2023 | Effective tax rate |
|---|---|---|---|---|
| Chadwick | 2 | $30,000 | $1,726 | 5.8% |
| Lanark | 10 | $39,200 | $1,686 | 4.3% |
| Mount Carroll | 10 | $51,700 | $1,744 | 3.4% |
| Thomson | 3 | $65,000 | $2,078 | 3.2% |
| Savanna | 26 | $58,225 | $1,264 | 2.2% |
| Milledgeville | 6 | $105,000 | $2,174 | 2.1% |
| Shannon | 3 | $85,000 | $1,506 | 1.8% |
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