Arlington Heights, Cook County, Illinois Property Taxes
Median Arlington Heights, IL effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Arlington Heights, IL home value: $350,000
Median annual Arlington Heights, IL tax bill: $7,370, $4,970 higher than the national median property tax bill of $2,400.
How are property taxes in Cook calculated?
Property taxes in Arlington Heights, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Arlington Heights’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arlington Heights, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Arlington Heights, Cook County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.15%
Estimate Property Tax Bill
$7,525
$6,983
$1,102
Average Tax Savings
Property Tax Rates Across Arlington Heights, Cook County, Illinois
Local government entities set tax rates, which can vary widely within a state. This occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Arlington Heights in Cook County, IL, the effective property tax rate is significantly higher than the national median rate of 1.02%. Within the state, Arlington Heights sees a range of tax rates, with the highest median rate reaching 2.19% and the lowest at 2.06% in nearby zip codes. Compared to the Illinois state median property tax rate of 2.15%, Arlington Heights aligns closely with the state average but remains considerably above the national average. This makes understanding and managing property taxes in this area particularly important. By comparing Arlington Heights’ effective property tax rate to other cities in Illinois and the national median, property owners can better assess their tax liabilities and explore potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Arlington Heights Tax Rate
2.15%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cook County Tax Rate
2.01%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Arlington Heights, Illinois vs Similar Illinois Cities
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Chicago Tax Rate
1.90%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cicero Tax Rate
3.37%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Evanston Tax Rate
1.98%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Schaumburg Tax Rate
2.05%
Property Tax Rates Across Arlington Heights, Cook County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60004 | 1.57% | 1.90% | 2.19% | 2.44% | 2.70% |
| 60005 | 1.27% | 1.73% | 2.06% | 2.38% | 2.58% |
Source: Ownwell
$1,102
Average Arlington Heights Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Assessment Values Across Arlington Heights, Cook County, Illinois
When examining property taxes in Arlington Heights, IL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cook County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Cook County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Arlington Heights.
For example, the median home price in Arlington Heights is $350,000, with tax bills ranging significantly across the county. Zip code 60004 has the highest median home price at $360,000.
Property Tax Assessment Values Across Arlington Heights, Cook County, Illinois
Source: Ownwell
$25,480
$637,740
$1,250,000
Median Arlington Heights Market Value
$350,000
Median Cook County Market Value
$210,000
Median Illinois Market Value
$194,700
Median United States Market Value
$235,294
Arlington Heights, Illinois vs Similar Illinois Cities
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Chicago Market Value
$208,120
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Cicero Market Value
$152,620
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Evanston Market Value
$350,000
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Schaumburg Market Value
$258,215
Property Tax Assessment Values Across Arlington Heights, Cook County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60004 | $146,260 | $279,765 | $360,000 | $450,000 | $551,448 |
| 60005 | $106,400 | $142,840 | $317,020 | $420,000 | $521,230 |
Source: Ownwell
$1,102
Average Arlington Heights Tax Savings
Save on your property taxes & more with Ownwell
Property Tax Bills Across Arlington Heights, Cook County, Illinois
Median Arlington Heights Tax Bill
$7,370
Median Cook County Tax Bill
$4,680
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Arlington Heights, Illinois vs Similar Illinois Cities
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Chicago Tax Bill
$3,503
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Cicero Tax Bill
$4,830
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Evanston Tax Bill
$6,709
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Schaumburg Tax Bill
$5,152
Property Tax Bills Across Arlington Heights, Cook County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60004 | $2,585 | $5,515 | $7,801 | $10,040 | $12,764 |
| 60005 | $1,469 | $2,661 | $6,274 | $8,983 | $11,604 |
Source: Ownwell
$1,102
Average Arlington Heights 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 |
Save money on your property taxes with Ownwell
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.