when are property taxes due in kane county illinois
Kane County has one of the highest median property taxes in the United States and is ranked 32nd of the 3143 counties in order of median property taxes. The exact property tax levied depends on the county in Illinois the property is located in.
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Kane County collects on average 209 of a propertys assessed fair market value as property tax.
. Property tax in Illinois is imposed by local government taxing districts eg school districts municipalities counties and administered by local officials. Market value has been defined by The Supreme Court as the sale price of real estate as agreed upon between a willing buyer and willing seller with neither being under duress to buy or sell. The median property tax in Kane County Illinois is 5112 per year for a home worth the median value of 245000.
Lake County collects the highest property tax in Illinois levying an average of 628500 219 of median home value yearly in property taxes while Hardin County has the lowest property tax in the state collecting an average tax of 44700 071 of median home value per year.
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