Country Club Hills, Illinois Property Taxes
The median property tax rate in Country Club Hills, IL is 5.08%, considerably higher than both the national median of 0.99% and the Illinois state median of 2.35%. With the median home value in Country Club Hills at $99,895, the typical annual property tax bill reaches $5,050, exceeding the national median of $2,690. Property taxes in Country Club Hills are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Country Club Hills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Country Club Hills or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Country Club Hills, Illinois Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
2.35%
Estimate Property Tax Bill
$4,700
$3,552
$1,148
Average Country Club Hills, Illinois Tax Savings
Ownwell’s COUNTRY CLUB HILLS Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in COUNTRY CLUB HILLS with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in COUNTRY CLUB HILLS to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in COUNTRY CLUB HILLS. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Country Club Hills, Illinois
Property taxes in Country Club Hills, Illinois, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Country Club Hills is 5.08%, significantly higher than both the Illinois state median and the U.S. national median of 0.99%. Local government entities within Country Club Hills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Country Club Hills estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Country Club Hills' effective property tax rate to other counties in Illinois and the national median. For comparison, the zip code 60478 has the highest median property tax rate of 5.08%, while the same zip code also has the lowest median tax rate of 5.08%. Understanding how these cities compare with Country Club Hills provides valuable insights into the varying tax landscape across Cook County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Country Club Hills Tax Rate
5.08%
Average Cook County Tax Rate
2.01%
Average Illinois Tax Rate
2.35%
Average United States Tax Rate
0.99%
Property Tax Rates Across Country Club Hills, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
60478 | 1.91% | 3.62% | 5.08% | 7.09% | 7.79% |
Source: Ownwell
$1,148
Average Country Club Hills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Country Club Hills, Illinois
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Country Club Hills, Illinois. The market value represents the price a willing buyer would pay a willing seller in an open market, influenced by factors like location, property condition, and economic trends. This value is estimated by Cook County for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Country Club Hills, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. The median home price in this area stands at $99,895, with tax bills ranging from $3,208 at the 25th percentile to $9,780 at the 90th percentile. Notably, the zip code 60478 has both the highest and lowest median tax bill, which is $5,050. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage their tax burden.
Property Tax Assessment Values Across Country Club Hills, Illinois
Source: Ownwell
$13,140
$631,570
$1,250,000
Average Country Club Hills Assessed Value
$99,895
Average Cook County Assessed Value
$210,000
Average Illinois Assessed Value
$194,700
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Country Club Hills, Illinois
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
60478 | $46,405 | $86,645 | $99,895 | $131,402 | $163,665 |
Source: Ownwell
$1,148
Average Country Club Hills Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Country Club Hills, Illinois
In COUNTRY CLUB HILLS, located in Cook County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in the area is $99,895, and the median property tax rate is significantly higher than the national median of 0.99%. Factors such as local tax rates, school district funding, and municipal services also influence the final tax bill. Homeowners in this city can expect tax bills ranging from $3,208 at the 25th percentile to $9,780 at the 90th percentile, with the highest median tax bill recorded at $5,050 in the 60478 zip code. Ownwell can assist homeowners in COUNTRY CLUB HILLS by providing expert property tax appeal and exemption services. Our team meticulously reviews your property assessment to identify discrepancies and ensures you are not overpaying. By leveraging our expertise, homeowners can potentially save hundreds or even thousands of dollars on their property tax bills, making homeownership more affordable.
Average Country Club Hills Tax Bill
$5,050
Average Cook County Tax Bill
$4,680
Average Illinois Tax Bill
$4,715
Average United States Tax Bill
$2,690
Property Tax Bills Across Country Club Hills, Illinois
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
60478 | $1,251 | $3,208 | $5,050 | $7,269 | $9,780 |
Source: Ownwell
$1,148
Average Country Club Hills Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
---|---|
Tax Bill | |
Issued | February 1 |
Due Date #1 | March 1 |
Due Date #2 | August 1 |
Links | |
---|---|
Cook Assessor’s Office | |
Phone | (312) 443-7550 |
Website | assessorpropertydetails.cookcountyil.gov |
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