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Kane County Reporter

Sunday, April 20, 2025

Kane County effective property tax rate in Q4 2024 was higher than the national average

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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 2.1% of the value of their homes in property taxes in the fourth quarter of 2024, which is more than 1.9 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 2024 was $330,000, based on data from the 1,319 properties sold during that time. In 2024, the median tax bill for the county was $7,035, which is 2.1% of the median value of the homes that were taxed.

This is 1.9 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 Maple Park, Burlington, and Algonquin paid the highest rates.

The above article calculates the effective property tax rate for 2024 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 Maple Park 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 2024.

CityQ4 2024 SalesQ4 2024 Median PriceMedian tax 2024Effective tax rate
Maple Park3$199,900$7,5603.8%
Burlington4$244,750$7,1662.9%
Algonquin25$310,000$8,8382.9%
North Aurora37$299,900$7,7562.6%
Hampshire35$319,999$8,1252.5%
Pingree Grove30$299,950$7,2832.4%
East Dundee13$233,000$5,6912.4%
Sugar Grove39$405,000$9,5742.4%
Gilberts20$352,000$8,2182.3%
West Dundee14$395,000$9,0352.3%
South Elgin45$350,000$7,9612.3%
Elburn14$417,500$9,1412.2%
Batavia66$425,000$9,4992.2%
Carpentersville87$247,000$5,2802.1%
Sleepy Hollow17$449,900$9,2632.1%
St. Charles94$415,000$8,6132.1%
Geneva94$495,000$10,5822.1%
Big Rock4$314,750$6,6242.1%
Elgin214$305,250$6,2282%
Montgomery23$269,000$5,5142%
Aurora275$250,000$4,6841.9%
Prestbury5$429,000$8,1991.9%
Huntley48$377,500$6,6611.8%
Campton Hills36$647,500$11,5301.8%
Lily Lake4$604,750$10,5121.7%
Marywood3$355,000$5,5371.6%
Scraper-Moecherville3$145,000$2,2041.5%
Wayne2$1,460,000$16,5081.1%

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