Peoria County's Unchanged Tax Multiplier Affects 2026 Bills

Peoria rents still under $900, MacArthur Highway closure impacts commute, and Peoria Children's Home celebrates 160 years

Published on Feb. 18, 2026

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Peoria County's property assessment equalization factor will stay at 1.0000 for tax year 2025, affecting taxes due in 2026. This means county assessments are already near the state's target, so the multiplier itself won't change tax shares. However, future bill increases will depend on how much local taxing bodies decide to levy. The article also covers affordable rents in Peoria, a road closure on MacArthur Highway, and the 160th anniversary of the Peoria Children's Home Association.

Why it matters

The unchanged tax multiplier in Peoria County means residents won't see an automatic increase in their property tax bills for 2026, but future increases will depend on decisions by local taxing authorities. This information is important for Peoria residents to understand as they plan their household budgets. The article also highlights other economic and community developments in Peoria that impact residents' quality of life and commutes.

The details

Peoria County's property assessment equalization factor will remain at 1.0000 for tax year 2025, meaning county assessments are already close to the state's target of one-third market value. This will not automatically increase tax bills in 2026, but future increases will depend on how much local taxing bodies choose to levy. The article also covers how Peoria's affordable rents, under $900 for one- and two-bedroom units, compare to other Illinois cities. Additionally, a $10 million reconstruction project will close the southbound lane of MacArthur Highway this summer, impacting commutes, while the Peoria Children's Home Association celebrates 160 years of serving local families.

  • Peoria County's property assessment equalization factor will stay at 1.0000 for tax year 2025, affecting taxes due in 2026.
  • The southbound lane of MacArthur Highway between John Gwynn Jr. Ave. and Brotherson Street will close all summer starting Wednesday.
  • The Peoria Children's Home Association is celebrating 160 years of serving local kids and families.

The players

Peoria County

The county government that sets property tax assessments and the equalization factor.

Peoria Children's Home Association

A 160-year-old organization that provides foster care, mental health support, and other services to local children and families in Peoria.

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The takeaway

The unchanged tax multiplier in Peoria County means residents won't see an automatic increase in their 2026 property tax bills, but future increases will depend on decisions by local taxing authorities. Meanwhile, Peoria continues to offer relatively affordable rents compared to other Illinois cities, though a major road closure this summer will impact commutes. The Peoria Children's Home Association's 160-year history also highlights the community's longstanding commitment to supporting local families and children.