South Elgin homeowners in the first quarter of 2026 paid property taxes at 2.4% of their home’s value—more than 2.7 times the national average, data from BlockShopper.com show.
During that period, the median sale price for homes in South Elgin was $350,000, based on 36 properties sold. For 2026, the city’s median property tax amounted to $8,468, reflecting 2.4% of the median taxable home value.
The national average effective property tax rate stood at 0.888% in 2024.
In Kane County, Hampshire and Elburn recorded the two highest effective property tax rates.
This article determines South Elgin’s 2026 effective property tax rate by using estimated inflation factors and 2024 county property tax data. Actual rates may be marginally different in practice.
According to Redfin, U.S. home prices kept increasing through 2025, with the national median price reaching approximately $447,000 in June—an annual rise of 1.13%. Their figures also indicate a wide gap between home supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). Redfin defines a balanced market as one in which the number of buyers and sellers is within 10% of each other.
The table below presents a comparison of Hampshire alongside other Kane County cities regarding their median effective property tax rate, based on sales and property tax data for the first quarter of 2026.
| City | Q1 2026 Sales | Q1 2026 Median Price | Median tax 2026 | Effective tax rate |
|---|---|---|---|---|
| Hampshire | 24 | $322,500 | $8,405 | 2.6% |
| Elburn | 11 | $375,000 | $9,734 | 2.6% |
| Burlington | 2 | $294,950 | $7,386 | 2.5% |
| Sugar Grove | 28 | $383,500 | $9,768 | 2.5% |
| Pingree Grove | 13 | $299,900 | $7,373 | 2.5% |
| South Elgin | 36 | $350,000 | $8,468 | 2.4% |
| Geneva | 55 | $443,000 | $10,794 | 2.4% |
| West Dundee | 14 | $420,000 | $9,506 | 2.3% |
| Sleepy Hollow | 8 | $406,500 | $9,432 | 2.3% |
| Maple Park | 3 | $325,000 | $7,622 | 2.3% |
| North Aurora | 36 | $347,500 | $7,962 | 2.3% |
| Prestbury | 8 | $384,950 | $8,302 | 2.2% |
| Carpentersville | 61 | $260,000 | $5,456 | 2.1% |
| Elgin | 158 | $308,500 | $6,606 | 2.1% |
| East Dundee | 9 | $285,000 | $6,071 | 2.1% |
| St. Charles | 54 | $432,450 | $8,902 | 2.1% |
| Algonquin | 16 | $450,000 | $9,201 | 2% |
| Gilberts | 22 | $414,500 | $8,439 | 2% |
| Batavia | 55 | $478,000 | $9,656 | 2% |
| Aurora | 225 | $261,500 | $4,859 | 1.9% |
| Big Rock | 4 | $355,000 | $6,675 | 1.9% |
| Huntley | 40 | $367,000 | $6,595 | 1.8% |
| Campton Hills | 25 | $682,500 | $11,926 | 1.7% |
| Montgomery | 14 | $323,500 | $5,636 | 1.7% |