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Kane County Reporter

Saturday, April 26, 2025

Analysis: Kane County effective property tax rates outpaced the national average in Q1

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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 first quarter of 2025, 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 first quarter of 2025 was $320,000, based on data from the 1,078 properties sold during that time. In 2025, the median tax bill for the county was $7,227, 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, Hampshire, and South Elgin paid the highest rates.

The above article calculates the effective property tax rate for 2025 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 U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

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 first quarter of 2025.

CityQ1 2025 SalesQ1 2025 Median PriceMedian tax 2025Effective tax rate
Lily Lake5$335,000$10,7993.2%
Hampshire23$299,000$8,3462.8%
South Elgin36$297,500$8,1782.7%
Algonquin22$351,500$9,0792.6%
West Dundee18$357,450$9,2812.6%
Gilberts9$340,000$8,4422.5%
Big Rock4$268,500$6,8042.5%
Pingree Grove30$312,000$7,4822.4%
Elburn16$389,450$9,3912.4%
North Aurora29$335,000$7,9682.4%
Sugar Grove39$410,000$9,8352.4%
Sleepy Hollow9$420,000$9,5152.3%
St. Charles54$392,500$8,8482.3%
Geneva76$464,500$10,8702.3%
Batavia55$425,000$9,7582.3%
Scraper-Moecherville3$100,000$2,2642.3%
Elgin182$296,000$6,3982.2%
East Dundee18$270,000$5,8472.2%
Prestbury8$385,000$8,4222.2%
Rainbow Hills3$435,000$9,2822.1%
Carpentersville75$270,000$5,4242%
Montgomery28$277,450$5,6652%
Huntley22$355,000$6,8431.9%
Aurora233$250,000$4,8111.9%
Wayne3$950,000$16,9591.8%
Campton Hills26$696,250$11,8441.7%
Maple Park3$585,000$7,7661.3%
Fox River Estates2$475,500$5,8551.2%

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