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La Grange, Cook County, Illinois Property Taxes

  • Median LA GRANGE, IL effective property tax rate: 2.55%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.

  • Median LA GRANGE, IL home value: $369,565

  • Median annual LA GRANGE, IL tax bill: $8,874, $6,474 higher than the national median property tax bill of $2,400.

How are property taxes in Cook calculated?

Property taxes in LA GRANGE, 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 LA GRANGE’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in LA GRANGE, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

La Grange, Cook County, Illinois Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.55%

Estimate Property Tax Bill

$9,424

$8,745

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s LA GRANGE Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in LA GRANGE with just two data points. By entering your property's estimated assessed value, our calculator applies LA GRANGE’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cook County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across La Grange, Cook County, Illinois

Local government entities set property tax rates, which can significantly vary within a state. Each year, counties determine their required budget to maintain services and divide this by the total value of all taxable property in their jurisdiction. This process results in the property tax rate. While votes and laws play a role in establishing tax rates and budgets, this is the basic annual procedure.

In La Grange, located in Cook County, Illinois, the effective property tax rate is a critical factor for homeowners. Illinois is known for having one of the highest property tax rates in the country. The effective tax rate in La Grange aligns with the median tax rate for the state, which surpasses the national median property tax rate of 1.02%. Homeowners in this region face property tax bills that are notably higher than the national median property tax bill of $2,400. Understanding these rates is essential for property owners as they navigate the financial landscape. Comparing La Grange's property tax rate to other cities in Illinois and national figures highlights the significance of local tax decisions on property owners.

Property Tax Rates Across La Grange, Cook County, Illinois

Source: Ownwell

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1.47%

4.93%

8.39%

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 La Grange Tax Rate

2.55%

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%

Property Tax Rates Across La Grange, Cook County, Illinois

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
605251.93%2.32%2.55%2.70%2.82%

Source: Ownwell

Property Tax Assessment Values Across La Grange, Cook County, Illinois

When examining property taxes in LA GRANGE, 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's Office 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.

In Cook County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 LA GRANGE. For example, the median home price in LA GRANGE is $369,565, with tax bills ranging significantly across the county. 60525 has the highest median home price at $369,565.

Property Tax Assessment Values Across La Grange, Cook County, Illinois

Source: Ownwell

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$25,480

$637,740

$1,250,000

Median La Grange Market Value

$369,565

Median Cook County Market Value

$210,000

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across La Grange, Cook County, Illinois

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
60525$106,680$231,298$369,565$536,978$688,707

Source: Ownwell

Property Tax Bills Across La Grange, Cook County, Illinois

In La Grange, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value of the property, which is then multiplied by the tax rate set by Cook County. This region has a median property tax bill significantly higher than the national median, reflecting the area's higher home values. Factors such as property improvements or changes in local tax levies can affect the assessed value, impacting the homeowner's tax bill. For homeowners in La Grange, the tax bill can range from $4,779 at the 25th percentile to $18,105 at the 90th percentile, indicating substantial variation based on property value and location. Ownwell offers expert property tax appeal services to help homeowners potentially lower their tax bills. By analyzing property assessments and market data, Ownwell can identify discrepancies or opportunities for reductions, ensuring homeowners pay only their fair share in property taxes.

Property Tax Bills Across La Grange, Cook County, Illinois

Source: Ownwell

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$569

$15,332

$30,094

Median La Grange Tax Bill

$8,874

Median Cook County Tax Bill

$4,680

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across La Grange, Cook County, Illinois

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
60525$1,791$4,779$8,874$13,730$18,105

Source: Ownwell

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