The median sales price of a Kane County home in the third quarter of 2022 was $305,000, based on data from the 2,019 properties sold during that time. In 2021 the median tax bill for the county was $6,147, which is 2% of the median value of the homes that were taxed.
This is 1.8 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Kane County real estate data showed homeowners in Algonquin, Pingree Grove, and Gilberts paid the highest rates.
The following table compares Algonquin with some other cities belonging to Kane County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2022.
City | Q3 2022 Sales | Q3 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Algonquin | 37 | $310,500 | $8,311 | 2.7% |
Pingree Grove | 42 | $252,750 | $6,898 | 2.7% |
Gilberts | 42 | $294,225 | $7,774 | 2.6% |
Maple Park | 4 | $272,500 | $6,884 | 2.5% |
Elburn | 30 | $348,500 | $8,564 | 2.5% |
North Aurora | 52 | $285,000 | $7,255 | 2.5% |
Wayne | 5 | $630,000 | $15,051 | 2.4% |
East Dundee | 16 | $226,000 | $5,293 | 2.3% |
Bowes | 2 | $376,500 | $8,538 | 2.3% |
Rainbow Hills | 2 | $363,000 | $8,273 | 2.3% |
Geneva | 159 | $440,125 | $9,972 | 2.3% |
Carpentersville | 148 | $225,000 | $5,013 | 2.2% |
Elgin | 360 | $265,000 | $5,798 | 2.2% |
South Elgin | 77 | $345,000 | $7,430 | 2.2% |
Batavia | 101 | $395,000 | $8,781 | 2.2% |
Sugar Grove | 55 | $395,000 | $8,814 | 2.2% |
West Dundee | 26 | $403,950 | $8,480 | 2.1% |
Sleepy Hollow | 18 | $412,500 | $8,714 | 2.1% |
St. Charles | 114 | $386,500 | $8,032 | 2.1% |
Montgomery | 33 | $248,000 | $5,219 | 2.1% |
Hampshire | 34 | $380,000 | $7,479 | 2% |
Campton Hills | 71 | $530,000 | $10,663 | 2% |
Novak Park | 3 | $419,000 | $8,242 | 2% |
Aurora | 397 | $230,000 | $4,416 | 1.9% |
Big Rock | 8 | $338,750 | $6,576 | 1.9% |
Huntley | 66 | $344,950 | $6,235 | 1.8% |
Tanner Woods | 1 | $540,000 | $9,949 | 1.8% |
Prestbury | 9 | $435,000 | $7,768 | 1.8% |
Almora Heights | 2 | $347,450 | $5,807 | 1.7% |
Marywood | 5 | $315,000 | $5,401 | 1.7% |
Five Island Park | 1 | $282,567 | $4,213 | 1.5% |
Kaneville | 1 | $450,000 | $6,705 | 1.5% |
Exposition View | 2 | $159,500 | $2,379 | 1.5% |
Burlington | 3 | $500,000 | $6,642 | 1.3% |
Lily Lake | 6 | $720,000 | $9,688 | 1.3% |
Fox River Estates | 2 | $435,000 | $5,239 | 1.2% |
Scraper-Moecherville | 2 | $191,000 | $2,128 | 1.1% |