North Aurora, Kane County, Illinois Property Taxes

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

Median North Aurora, IL effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%. Median North Aurora, IL home value: $272,484. Median annual North Aurora, IL tax bill: $6,920, $4,520 higher than the national median property tax bill of $2,400.

How are property taxes in Kane calculated?

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

Last Updated March 1, 2025

North Aurora, Kane County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.57%

Estimate Property Tax Bill

$7,003

$6,498

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

Property Tax Rates Across North Aurora, Kane County, Illinois

Local government entities set tax rates, which can vary widely within a state. This variability arises because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process.

In North Aurora, located in Kane County, Illinois, the effective property tax rate is significantly higher than the national median of 1.02%. This rate reflects the county's budgetary needs and property values. When compared to other cities in Illinois, North Aurora's tax rate stands out, as it mirrors the highest and lowest median tax rates in the state, all pegged at 2.57%. This is notably above the national median property tax rate, which underscores the importance of understanding local tax dynamics. For property owners in North Aurora, this means higher annual tax bills compared to the national median of $2,400, emphasizing the need for effective property tax management and appeal services.

Property Tax Rates Across North Aurora, 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 North Aurora Taxx Rate

2.57%

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 North Aurora, Kane County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60542	2.32%	2.48%	2.57%	2.65%	2.75%

Source: Ownwell

Property Tax Assessment Values Across North Aurora, Kane County, Illinois

When examining property taxes in North Aurora, Illinois, 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 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 North Aurora.

For example, the median home price in North Aurora is $272,484, with tax bills ranging significantly across the county. Zip code 60542 has the highest median home price at $272,484.

Property Tax Assessment Values Across North Aurora, Kane County, Illinois

Source: Ownwell

$142,312

$365,554

$588,796

Median North Aurora Market Value

$272,484

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 North Aurora, Kane County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60542	$173,583	$204,733	$272,484	$333,696	$396,303

Source: Ownwell

Property Tax Bills Across North Aurora, Kane County, Illinois

In North Aurora, located in Kane County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to calculate the tax bill. The median home price in North Aurora is $272,484, resulting in a property tax bill that can range significantly. For instance, the 25th percentile tax bill is $5,023, while the 75th percentile reaches $8,782, and the 90th percentile can be as high as $10,600. This variation highlights how property taxes can impact homeowners differently based on their property's assessed value. The median property tax bill in North Aurora is $6,920, which is significantly higher than the national median of $2,400. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, ensuring they do not overpay. By leveraging their expertise, homeowners can potentially reduce their tax burden, providing financial relief in a high-tax area.

Property Tax Bills Across North Aurora, Kane County, Illinois

Source: Ownwell

$3,136

$9,682

$16,228

Median North Aurora Tax Bill

$6,920

Median Kane County Tax Bill

$6,484

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across North Aurora, Kane County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60542	$4,024	$5,023	$6,920	$8,782	$10,600

Source: Ownwell