Troy property tax: where it goes
A typical Troy house pays about $5,770 a year on the property tax bill, including flat charges on the same bill. Estimated from public rates, not anyone's actual bill.
A Troy house pays 6.919% of its taxable value in property tax. For a house at $89,333 of value before exemptions with the homestead exemption, that's about $5,766 a year.
Tax is levied on Taxable assessed value: the equalized assessed value less the exemptions a taxpayer qualifies for. In Illinois, property is assessed at 1/3 its fair market value..
Illinois bills a year in arrears; the 2025 rates (report dated 05/16/2026) are the latest.
Pay or manage it
Who taxes this house
| Taxing agency | Rate | On $89,333 |
|---|---|---|
| City of Troy | 0.5146% | $429 |
| Tri-Township Park District | 0.1803% | $150 |
| Troy Fire Protection District | 0.3063% | $255 |
| Southwestern Illinois College | 0.3807% | $317 |
| Tri-Township Library District | 0.1504% | $125 |
| Madison County | 0.3633% | $303 |
| Jarvis Road & Bridge | 0.299% | $249 |
| Triad CUSD 2 (schools) | 4.6436% | $3,870 |
| Jarvis Township | 0.0807% | $67 |
| Total | 6.919% | $5,766 |
2025 tax year (payable 2026), Madison County. Exemptions applied: General homestead exemption (owner-occupied, up to) ($6,000).
Ways to pay less
- Seniors 65+: senior homestead exemption. The Senior Citizens Homestead Exemption is a $5,000 reduction in the EAV of the property. How: File Form PTAX-324.
- Seniors with household income under $65,000: assessment freeze. Allows senior citizens with a total household maximum income of less than $65,000 to keep their home's EAV at the base year. How: Apply every year (PTAX-340) with the Chief County Assessment Office.
- Disabled owners: person with disabilities exemption. Reduces the EAV by $2,000 only if the primary residence is owned and occupied by a disabled person that is liable for the payment of property taxes.
Sources
Checked October 30, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.
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