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Illinois Property Tax Calculator

Applies Illinois’s effective rate of 1.88% and its $10,000 homestead exemption.

Illinois property tax estimator

Applies Illinois’s effective rate of 1.88% and its $10,000 homestead exemption.

Estimated annual tax —
Monthly escrow —
Saved by exemption —

Illinois at a glance

FigureIllinoisSource
Effective property tax rate1.88%[1]
Median home value$299,000[1]
Tax on the median home$5,621[1]
Homestead exemption$10,000[2]

[1] [2] Sources

Effective property tax rate — all 50 states

Illinois highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.

Effective property tax rate — all 50 states. Illinois is 1.88%, ranked 1 of 50. The national median is 0.79%, the highest is 1.88% (Illinois), and the lowest is 0.29% (Hawaii). IL 1.88% NJ 1.88% CT 1.54% VT 1.51% NH 1.50% NE 1.44% TX 1.40% OH 1.36% IA 1.33% WI 1.32% NY 1.30% PA 1.26% KS 1.21% MI 1.19% RI 1.12% MA 1.00% MN 1.00% SD 1.00% ME 0.98% AK 0.94% MD 0.92% ND 0.92% MO 0.89% OR 0.81% GA 0.79% OK 0.79% FL 0.78% VA 0.78% IN 0.76% WA 0.75% KY 0.74% CA 0.70% NC 0.66% NM 0.63% MT 0.61% MS 0.58% AR 0.56% LA 0.55% DE 0.54% WY 0.53% TN 0.52% WV 0.51% CO 0.50% ID 0.50% NV 0.50% SC 0.49% AZ 0.48% UT 0.48% AL 0.37% HI 0.29%

Highlighted: Illinois, ranked 1 of 50. Median 0.79%.

Illinois property tax by home value

Annual tax at Illinois's 1.88% effective rate, with and without homestead.

Home valueAnnualMonthlyNo exemption
$75,000$1,222$102$1,410
$100,000$1,692$141$1,880
$125,000$2,162$180$2,350
$150,000$2,632$219$2,820
$175,000$3,102$258$3,290
$200,000$3,572$298$3,760
$225,000$4,042$337$4,230
$250,000$4,512$376$4,700
$300,000$5,452$454$5,640
$350,000$6,392$533$6,580
$400,000$7,332$611$7,520
$450,000$8,272$689$8,460
$500,000$9,212$768$9,400
$600,000$11,092$924$11,280
$700,000$12,972$1,081$13,160
$850,000$15,792$1,316$15,980
$1,000,000$18,612$1,551$18,800
$1,250,000$23,312$1,943$23,500

Worked figures for Illinois

Illinois values:

ValueAnnualMonthlyEffective
$100,000$1,692$1411.69%
$150,000$2,632$2191.75%
$200,000$3,572$2981.79%
$250,000$4,512$3761.80%
$300,000$5,452$4541.82%
$400,000$7,332$6111.83%
$500,000$9,212$7681.84%
$600,000$11,092$9241.85%
$750,000$13,912$1,1591.85%
$900,000$16,732$1,3941.86%
$1,000,000$18,612$1,5511.86%
$1,500,000$28,012$2,3341.87%

How Illinois compares nationally

On effective property tax rate, Illinois ranks #1 of 50 at 1.88% — 138% above the median of 0.79%. The national range runs from 0.29% (Hawaii) to 1.88% (Illinois).

RankStateEffective property tax rate
#1Illinois1.88%
#2New Jersey1.88%
#3Connecticut1.54%

High effective rate (1.5%+)s, ranked

Same rule structure as Illinois:

StateEffective property tax ratevs Illinois
Illinois1.88%—
New Jersey1.88%0.0%
Connecticut1.54%-18.1%

Illinois questions, answered with Illinois numbers

What is property tax on a median Illinois home?▾
Illinois's median home is $299,000 and its effective rate is 1.88%, giving roughly $5,433 a year — about $453 a month in escrow.
What about a $500,000 home?▾
Approximately $9,212 annually, after Illinois's $10,000 homestead exemption saves you about $188.
Does Illinois have a homestead exemption?▾
Yes — $10,000 off assessed value for a primary residence, worth about $188 a year at Illinois's rate.

Other high effective rate (1.5%+)s

Connecticut New Jersey

Last reviewed 2026-08-26. Illinois figures only — verify with the relevant Illinois agency before acting. How this is calculated.