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Kendall County Times

Wednesday, November 27, 2024

Effective property tax rate in Kendall County outpaced the national average in Q3 2022

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Property owners in Kendall County paid 2.5% of the value of their homes in property taxes in the third quarter of 2022, which is more than 2.2 times the national average, according to the real estate analysis posted by the Kendall County Times.

The median sales price of a Kendall County home in the third quarter of 2022 was $280,000, based on data from the 558 properties sold during that time. In 2021 the median tax bill for the county was $6,896, which is 2.5% of the median value of the homes that were taxed.

This is 2.2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Kendall County real estate data showed homeowners in Yorkville and Montgomery paid the highest rates.

The following table compares Yorkville with some other cities belonging to Kendall County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2022.

CityQ3 2022 SalesQ3 2022 Median PriceMedian tax 2022Effective tax rate
Yorkville103$280,000$8,1822.9%
Montgomery54$297,750$8,0122.7%
Oswego169$320,000$8,1922.6%
Aurora29$365,000$9,5972.6%
Plano61$225,000$5,8962.6%
Newark13$228,000$5,9482.6%
Boulder Hill47$238,000$5,4822.3%
Plainfield11$580,000$12,9292.2%
Joliet42$332,500$6,9842.1%
Minooka15$337,000$6,9392.1%
Lisbon5$250,000$3,5341.4%
Bristol4$457,750$6,6331.4%
Millbrook1$600,000$6,7781.1%

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