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Kane County Reporter

Thursday, April 18, 2024

Analysis: Aurora pays property taxes nearly two times national average

Aurora home

The home at 50 Le Grande Blvd has a property tax bill of $18,449, or 2.64 percent of the home's current price. | zillow.com

The home at 50 Le Grande Blvd has a property tax bill of $18,449, or 2.64 percent of the home's current price. | zillow.com

Property owners in Aurora paid more than 2 percent of the value of their homes in taxes last year. That’s nearly twice the national average, according to an LGIS analysis of real estate sales data in Kane County from Jan 1. to June 30.

Local Government Information Service (LGIS) publishes the Kane County Reporter.

Aurora population 201,110, recorded a median sale price of $154,900, based on data from the 703 properties sold during the first half of 2018. In 2017, homeowners paid a median property tax bill of $3,471, according county tax data from the Kane County Assessment Office.

That’s 2.24 percent of the community’s median home value. In the U.S., the average effective property tax rate is 1.19 percent.

Put another way: a $154,900 home in Indiana, where the effective rate is 0.89 percent, would have a property tax bill of about $1,379, or more than $2,000 less per year.

The analysis, including 27 Kane County communities with more than 5 sales since January, shows homeowners in Maple Park, West Dundee, unincorporated Tanner Woods, Algonquin and Sugar Grove pay the highest property taxes in the county, each clocking in with effective rates higher than 3 percent.

Pingree Grove, Sleepy Hollow, Gilberts, Prestbury, Elburn all have rates higher than 2.75 percent.

South Elgin, Hampshire, Elgin, Geneva, Burlington, East Dundee, Montgomery, North Aurora and Carpentersville are higher than 2.5 percent, about average in Illinois but 1.5 times the national average.

Illinois homeowners pay the second-highest property taxes in the country with an effective median rate of 2.32 percent, just behind those in New Jersey's (2.28 percent). 

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Kane County communities paying the highest effective property tax rates

The following table ranks Kane County communities by their median effective property tax rate, calculated using sales and property tax data from 2018.

CityJan - June 2018 SalesJan - June 2018 Median PriceMedian taxEffective Tax Rate

Maple Park11$165,000$5,6603.43%
West Dundee71$220,000$7,1883.27%
Tanner Woods6$315,000$9,9483.16%
Algonquin67$229,000$6,9853.05%
Sugar Grove102$255,500$7,7453.03%
Pingree Grove89$210,000$6,2242.96%
Sleepy Hollow29$265,000$7,7792.94%
Gilberts66$228,500$6,6452.91%
Prestbury25$266,500$7,4592.80%
Elburn69$275,000$7,6172.77%
South Elgin137$228,000$6,0312.65%
Hampshire72$247,500$6,4232.60%
Elgin605$188,000$4,8622.59%
Geneva256$334,000$8,5992.57%
Burlington7$204,000$5,2102.55%
East Dundee53$172,000$4,3792.55%
Montgomery74$176,500$4,4862.54%
North Aurora150$259,950$6,5722.53%
Carpentersville306$159,000$3,9972.51%
Big Rock17$226,000$5,6212.49%
Wayne9$690,000$17,0242.47%
Batavia228$299,500$7,3002.44%
St. Charles274$284,950$6,7482.37%
Campton Hills114$407,500$9,5692.35%
Lily Lake15$386,000$9,0242.34%
Aurora703$154,900$3,4712.24%
Huntley79$242,000$4,7971.98%
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Kane County communities with the highest median home price

The following table ranks Kane County cities by their median sale price, which is calculated using prices of properties sold during the first six months of 2018.

CityJan - June 2017 SalesJan - June 2017 Median PriceJan - June 2018 SalesJan - June 2018 Median PriceChange
Lily Lake11$231,90015$386,00066.45%
Wayne8$445,5009$690,00054.88%
Algonquin87$190,05067$229,00020.49%
Pingree Grove92$182,00089$210,00015.38%
Hampshire67$216,00072$247,50014.58%
Elburn62$243,25069$275,00013.05%
North Aurora127$235,000150$259,95010.62%
Elgin655$170,000605$188,00010.59%
Batavia254$276,500228$299,5008.32%
Huntley98$223,50079$242,0008.28%
Aurora697$144,900703$154,9006.90%
Carpentersville274$149,000306$159,0006.71%
Gilberts73$215,00066$228,5006.28%
East Dundee38$162,70053$172,0005.72%
Campton Hills98$389,500114$407,5004.62%
Prestbury20$259,00025$266,5002.90%
St. Charles266$277,450274$284,9502.70%
Montgomery78$175,50074$176,5000.57%
Geneva271$335,000256$334,000-0.30%
South Elgin152$230,000137$228,000-0.87%
Sleepy Hollow26$270,25029$265,000-1.94%
Sugar Grove94$266,000102$255,500-3.95%
West Dundee58$236,25071$220,000-6.88%
Maple Park9$181,25011$165,000-8.97%
Tanner Woods7$356,5006$315,000-11.64%
Big Rock8$264,50017$226,000-14.56%
Burlington1$241,0007$204,000-15.35%

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