Barrington Hills, Kane County, Illinois Property Taxes

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

Median Barrington Hills, IL effective property tax rate: 2.80%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Barrington Hills, IL home value: $576,104
Median annual Barrington Hills, IL tax bill: $15,768, $13,368 higher than the national median property tax bill of $2,400.

How are property taxes in Kane calculated?

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

Last Updated March 1, 2025

Barrington Hills, Kane County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.8%

Estimate Property Tax Bill

$16,131

$14,969

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

Property Tax Rates Across Barrington Hills, Kane County, Illinois

Local government entities set tax rates, which can vary widely within a state. Each county 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 Barrington Hills, located in Kane County, property owners experience a tax rate that stands out when compared to other cities in Illinois. The effective property tax rate here is notably higher than the national median of 1.02%. This rate impacts homeowners significantly, especially when compared to the national median property tax bill of $2,400.

For residents of Barrington Hills, understanding how these rates are determined can be crucial for financial planning. With the highest and lowest median tax rates both at 2.80% in the region, it underscores the importance of being informed about local property tax assessments and potential appeals. As property taxes play a significant role in household expenses, staying informed and exploring options for appeals or exemptions can make a substantial difference.

Property Tax Rates Across Barrington Hills, Kane County, Illinois

Source: Ownwell

2.23%

2.57%

2.91%

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 Barrington Hills Taxx Rate

2.80%

Median Effective Kane County Taxx Rate

2.60%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Barrington Hills, Kane County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60010	2.70%	2.75%	2.80%	2.82%	2.90%

Source: Ownwell

Property Tax Assessment Values Across Barrington Hills, Kane County, Illinois

When examining property taxes in Barrington Hills, 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 Kane 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 Kane 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 Barrington Hills.

For example, the median home price in Barrington Hills is $576,104, with tax bills ranging significantly across the county. The zip code 60010 has the highest median home price at $576,104.

Property Tax Assessment Values Across Barrington Hills, Kane County, Illinois

Source: Ownwell

$142,312

$365,554

$588,796

Median Barrington Hills Market Value

$576,104

Median Kane County Market Value

$253,745

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Barrington Hills, Kane County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60010	$292,752	$452,779	$576,104	$689,655	$714,466

Source: Ownwell

Property Tax Bills Across Barrington Hills, Kane County, Illinois

In Barrington Hills, located in Kane County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The local tax rate is then applied to this assessed value to determine the tax bill. With a median home price of $576,104, homeowners can expect significant tax bills. The property tax bill for the 25th percentile is $12,154, while the 75th percentile reaches $19,027, and the 90th percentile climbs to $20,165. These figures are considerably higher than the national median property tax bill of $2,400, reflecting the higher property values and tax rates in the area. Homeowners in Barrington Hills can feel the impact of these taxes on their financial situation. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying potential errors or opportunities for exemptions, Ownwell helps homeowners reduce their tax burdens, ensuring they only pay their fair share.

Property Tax Bills Across Barrington Hills, Kane County, Illinois

Source: Ownwell

$3,136

$9,682

$16,228

Median Barrington Hills Tax Bill

$15,768

Median Kane County Tax Bill

$6,484

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Barrington Hills, Kane County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60010	$7,955	$12,154	$15,768	$19,027	$20,165

Source: Ownwell