The median sales price of a Randolph County home in the first quarter of 2022 was $77,200, based on data from the five properties sold during that time. In 2020 the median tax bill for the county was $1,437, which is 1.9% of the median value of the homes that were taxed.
This is 1.7 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Randolph County real estate data showed homeowners in Chester, Red Bud, and Sparta paid the highest rates.
The following table compares Chester with some other cities belonging to Randolph County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2022.
City | Q1 2022 Sales | Q1 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Chester | 1 | $20,000 | $1,494 | 7.5% |
Red Bud | 1 | $131,000 | $2,535 | 1.9% |
Sparta | 2 | $87,500 | $1,484 | 1.7% |
Baldwin | 1 | $77,200 | $1,105 | 1.4% |