Loan Tax CalculatorIllinois property tax
Effective rate
1.88%
Median home value
$273,186
Average annual tax
$5,136
Rank of 51
#2
1 = highest effective rate
Illinois's rate is 0.98 points above the national average of 0.90%. On the median-priced Illinois home, that's about $428 per month added to the mortgage payment.
Estimate your Illinois property tax
Annual tax—
Monthly escrow—
At the average effective rate of 1.88%. Local county and municipal rates vary.
Tax on typical home values
| Home value | Annual tax | Monthly escrow |
|---|---|---|
| $250,000 | $4,700 | $392 |
| $400,000 | $7,520 | $627 |
| $600,000 | $11,280 | $940 |
How Illinois compares
Illinois (this state)1.88%
Iowa1.33%
Wisconsin1.32%
Michigan1.19%
Missouri0.89%
Indiana0.76%
Kentucky0.74%
National average0.90%
Homestead exemptions & relief
Homestead exemptions and property tax deferrals available; senior homeowners (65+) and disabled persons may qualify; varies by county and township; among highest rates nationally