Dekalb, Dekalb County, Illinois Property Taxes

Name: Property Tax Bills Across Dekalb, Dekalb County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median DEKALB, IL effective property tax rate: 2.99%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median DEKALB, IL home value: $161,013
Median annual DEKALB, IL tax bill: $4,798, $2,398 higher than the national median property tax bill of $2,400.

How are property taxes in DeKalb calculated?

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

Last Updated March 1, 2025

Dekalb, Dekalb County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.99%

Estimate Property Tax Bill

$4,814

$4,468

Ownwell’s DeKalb Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in DeKalb with just two data points. By entering your property's estimated assessed value, our calculator applies DeKalb’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 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 DeKalb County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dekalb, Dekalb County, Illinois

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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. DeKalb in Illinois has an effective property tax rate of 2.99%, significantly higher than the national median property tax rate of 1.02%. This means homeowners in DeKalb pay a higher percentage of their property's assessed value in taxes compared to the average American homeowner. The property tax rate in DeKalb also stands out when compared to other cities in Illinois. Despite the higher rates, these taxes fund essential public services, including schools, infrastructure, and emergency services, contributing to the community's overall quality of life. Understanding these rates and how they compare nationally can help property owners make informed decisions and potentially explore options for tax appeals or exemptions.

Property Tax Rates Across Dekalb, Dekalb County, Illinois

Source: Ownwell

2.35%

2.89%

3.43%

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 Dekalb Taxx Rate

2.99%

Median Effective Dekalb County Taxx Rate

2.86%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Dekalb, Dekalb County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60115	2.54%	2.81%	2.99%	3.33%	3.37%

Source: Ownwell

Property Tax Assessment Values Across Dekalb, Dekalb County, Illinois

When examining property taxes in DeKalb, 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 DeKalb County appraisal district 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 DeKalb 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 DeKalb. For example, the median home price in DeKalb is $161,013, with tax bills ranging significantly across the county. Zip code 60115 has the highest median home price at $161,013.

Property Tax Assessment Values Across Dekalb, Dekalb County, Illinois

Source: Ownwell

$145,544

$224,239

$302,934

Median Dekalb Market Value

$161,013

Median Dekalb County Market Value

$185,016

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Dekalb, Dekalb County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60115	$105,911	$129,102	$161,013	$205,149	$251,894

Source: Ownwell

Property Tax Bills Across Dekalb, Dekalb County, Illinois

In DeKalb, IL, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. Factors influencing the assessed value include the property's market value, any improvements made, and comparable property values in the area. Homeowners in DeKalb face property tax bills that can vary significantly, with the 25th percentile at $3,734 and the 75th percentile at $6,160, compared to the national median property tax bill of $2,400. The highest and lowest median tax bills in the area are both $4,798, which indicates a relatively consistent tax burden across different neighborhoods within the 60115 zip code. Ownwell can assist homeowners by reviewing their property assessments to ensure accuracy and filing appeals if discrepancies are found. This service can potentially lower tax bills, providing significant savings and financial relief for homeowners looking to manage their property tax expenses effectively.

Property Tax Bills Across Dekalb, Dekalb County, Illinois

Source: Ownwell

$3,270

$5,340

$7,410

Median Dekalb Tax Bill

$4,798

Median Dekalb County Tax Bill

$5,206

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Dekalb, Dekalb County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60115	$2,968	$3,734	$4,798	$6,160	$7,683

Source: Ownwell