--- title: "Illinois Property Tax Calculator (1.92% Effective Rate) | TaxWren" description: "Illinois homeowners pay a median $5,399 a year in property tax on a median home value of $280,700, an effective rate of 1.92%: the highest of the 50 states and DC and 116% above the US rate of 0.89%. Estimate the property tax on any Illinois home." url: https://taxwren.com/property-tax-calculator/illinois --- 2026 tax year ยท updated Oct 15, 2026 # Illinois property tax calculator Illinois homeowners pay a median $5,399 a year in property tax on a median home value of $280,700, an effective rate of 1.92%: the highest of the 50 states and DC and 116% above the US rate of 0.89%. ## Estimated property tax per year $5,399 $450 a month at 1.9234% - Median tax paid in Illinois: $5,399 - Median home value there: $280,700 - Same home at the US rate (0.8905%): $2,500 Before exemptions such as a homestead exemption. Rates from the American Community Survey 2024 1-year estimates. ## Illinois property tax by home value At the statewide effective rate of 1.92%, compared with the same home at the US rate. | Home value | Per year | Per month | At the US rate | | --- | --- | --- | --- | | $200,000 | $3,847 | $321 | $1,781 | | $300,000 | $5,770 | $481 | $2,672 | | $400,000 | $7,694 | $641 | $3,562 | | $500,000 | $9,617 | $801 | $4,453 | | $750,000 | $14,426 | $1,202 | $6,679 | | $1,000,000 | $19,234 | $1,603 | $8,905 | ## Illinois vs. neighboring states | State | Effective rate | Median tax | Median home value | | --- | --- | --- | --- | | Illinois | 1.92% | $5,399 | $280,700 | | [Iowa](/property-tax-calculator/iowa) | 1.29% | $2,937 | $227,300 | | [Wisconsin](/property-tax-calculator/wisconsin) | 1.25% | $3,680 | $294,700 | | [Missouri](/property-tax-calculator/missouri) | 0.79% | $2,021 | $254,400 | | [Indiana](/property-tax-calculator/indiana) | 0.74% | $1,798 | $243,500 | | [Kentucky](/property-tax-calculator/kentucky) | 0.71% | $1,611 | $226,000 | ## What Illinois homeowners pay - Median yearly property tax: $5,399 (6th highest of 51); $5,901 for homes with a mortgage and $4,591 for homes without one. - Median value of an owner-occupied home: $280,700, so a typical home pays about $450 a month. - 3,449,961 owner-occupied homes in the survey estimate. - Other taxes: see the [Illinois income tax calculator](/income-tax-calculator/illinois); sales tax averages 8.98% with local taxes ([Illinois sales tax calculator](/sales-tax-calculator/illinois)). These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the [Illinois revenue department](https://tax.illinois.gov) for the rules that apply to you. Source: [US Census Bureau, American Community Survey](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/1YRData/acsdt1y2024-b25103.dat), American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our [methodology](/methodology). ## Illinois property tax FAQ ### What is the property tax rate in Illinois? The effective rate is 1.92% of home value: the median tax paid ($5,399) divided by the median home value ($280,700), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state. ### How much is property tax on a $300,000 house in Illinois? About $5,770 a year ($481 a month) at the statewide effective rate, before any exemptions you qualify for. ### Does Illinois have high property taxes? Illinois has the highest effective property tax rate of the 50 states and DC (rank 1 of 51, 1 = highest) and the 6th highest median bill. ### Can I deduct Illinois property tax? On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax. More for Illinois - [Illinois paycheck calculator](/take-home-pay-calculator/illinois) - [Illinois income tax calculator](/income-tax-calculator/illinois) - [Illinois sales tax calculator](/sales-tax-calculator/illinois) - [Property tax in every state](/property-tax-calculator)