EZ Guide to Average Property Tax Bill, By Township and Home Value
- Editor’s Note: This is the fourth in a series of articles on Kane County Connects regarding the 2014 property tax bill that will be sent out to Kane County residents, starting April 24, 2015. You can also see your tax bill online starting on or about April 20. Subsequent articles will look at where the property tax money comes from and where it goes.
- CORRECTION: An earlier version of this article said Aurora Township had the highest average tax bill, when that distinction actually goes to Elgin Township. (See the chart below.)
Want to get a ballpark idea of what you’ll be paying in property taxes this year?
Obviously, it’s not hard to find out what you paid last year. You can just look at last year’s bill or look it up online on your local township assessor’s webpage. (This handy page on the Kane County Supervisor of Assessments website gives you a list of links.)
The following graph from a recent press release sent out by Kane County Treasurer David Rickert is interesting for many reasons, not the least of which is that it gives you a snapshot of property values in various parts of Kane County and at various home values, ranging from $150,000 to $500,000. (If you’ve got a $1 million home, you’ll just have to do the math.) The chart also provides a general idea of what areas of Kane County are hardest hit and least hit by property taxes.
For example, the owner of a home valued at $200,000 in Campton Township pays the least among all of Kane County townships: $6,044. The owner of a home valued at $200,000 in Elgin Township pays the highest bill, on average: $7,920.
Why is that? Mostly, it has to do with how many taxing districts you’re supporting, how much taxing bodies levy in your neck of the woods and what tax rate is established by those levies. An excellent guide to understanding property taxes is provided in the freshly minted document Frequently Asked Questions about the 2014 (payable 2015) Kane County Property Tax Bills, posted via a joint effort of the Kane County Supervisor of Assessments, Kane County Treasure’s Office and the Kane County Clerk’s Office.
Obviously, there are all kinds of nuances that go into the determination of best value for your property-tax dollar. For example, maybe $200,000 buys you a spectacular home in one part of Kane County and a slightly-less-spectacular home in another. Or maybe there are more rural homes in one township that have a different market value than equivalent homes inside the city limits. Or maybe you’re getting better services in one neighborhood than another.
All of that is a long way of suggesting that take these numbers with a certain grain of salt and as an FYI, and don’t make any definitive value judgments without consulting someone way more sophisticated and knowledgeable than the Kane County Connects editor. 🙂
Estimate of Average Property Tax Bill by Township
This chart is provided to give homebuyers an estimate of what a tax bill amount might be in different geographic locations within the county (based on 2014, payable 2015, data with homestead exemption). Please note actual tax bill may vary significantly from estimates given here.
For specific information on tax rates, please contact the County Clerks Tax Extension Office at (630) 232-5964. For specific information on exemptions, please contact the Supervisor of Assessments Office at (630) 208-3818.
SOURCE: Kane County Treasurer’s Office
For More Information
- For questions about exemptions or appeals, call the County Assessment Office at 630-208-3818 or visit KaneCountyAssessments.org.
- For questions about how tax rates are developed, call the Kane County Clerk at (630) 232-5964 or visit KaneCountyClerk.org.
- For questions about tax bills or payments, call the Kane County Treasurer at (630) 232-3565 or visit KaneCountyTreasurer.org.
- FAQ page on the Kane County Clerk’s Office website