Quantcast

Kane County Reporter

Wednesday, July 16, 2025

Kane County effective property tax rate in Q4 2023 was higher than the national average

Webp ddcmxbyeu94jqbedrto1zkvuyz20

Kane County Recorder Sandy Wegman (2023) | The Kane County Recorder’s Office

Kane County Recorder Sandy Wegman (2023) | The Kane County Recorder’s Office

Property owners in Kane County paid 2.3% of the value of their homes in property taxes in the fourth quarter of 2023, which is more than 2 times the national average, according to the real estate analysis posted by Kane County Reporter.

The median sales price of a Kane County home in the fourth quarter of 2023 was $300,000, based on data from the 1,320 properties sold during that time. In 2023, the median tax bill for the county was $6,782, which is 2.3% of the median value of the homes that were taxed.

This is 2 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 Lily Lake and Wayne paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Lily Lake with some other cities belonging to Kane County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2023.

CityQ4 2023 SalesQ4 2023 Median PriceMedian tax 2023Effective tax rate
Lily Lake3$80,000$10,13012.7%
Wayne4$547,300$15,9222.9%
West Dundee22$313,500$8,7062.8%
Maple Park6$262,000$7,2852.8%
Gilberts21$300,000$7,9192.6%
East Dundee22$212,000$5,4842.6%
Elburn21$355,000$8,8102.5%
Hampshire26$327,500$7,8312.4%
Sleepy Hollow7$370,000$8,9262.4%
South Elgin40$325,000$7,6732.4%
Geneva88$428,500$10,2052.4%
Sugar Grove30$381,250$9,2272.4%
Pingree Grove27$305,000$7,0182.3%
North Aurora57$325,000$7,4762.3%
Algonquin20$381,250$8,5182.2%
Elgin235$274,000$6,0032.2%
St. Charles78$380,000$8,3002.2%
Batavia69$407,260$9,1552.2%
Carpentersville83$247,000$5,0882.1%
Burlington6$344,000$6,9052%
Campton Hills36$544,450$11,1282%
Aurora271$230,000$4,5182%
Huntley45$329,900$6,4191.9%
Montgomery27$275,000$5,3161.9%
Big Rock4$376,250$6,3861.7%
Prestbury7$500,000$7,9011.6%
Exposition View2$150,000$2,4651.6%
Scraper-Moecherville4$301,000$2,1230.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS