Montgomery, Kendall County, Illinois Property Taxes

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

Median Montgomery, IL effective property tax rate: 2.82%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Montgomery, IL home value: $222,396
Median annual Montgomery, IL tax bill: $5,984, $3,584 higher than the national median property tax bill of $2,400.

How are property taxes in Kendall calculated?

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

Last Updated March 1, 2025

Montgomery, Kendall County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.82%

Estimate Property Tax Bill

$6,272

$5,820

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

Property Tax Rates Across Montgomery, Kendall County, Illinois

Local government entities determine property tax rates, which can differ significantly even within the same state. This is because each year, counties calculate the budget needed to provide essential services and divide it by the total assessed value of all taxable properties within their area. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and regulations, this annual process is the core of how rates are determined.

In Montgomery, located in Kendall County, the effective property tax rate stands at 2.82%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the unique fiscal needs and property values in the area. When comparing Montgomery's rate to other cities in Illinois, it mirrors the state's highest median tax rate, indicating a consistent approach to property taxation within this region. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Montgomery, Kendall County, Illinois

Source: Ownwell

2.27%

2.71%

3.16%

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 Montgomery Tax Rate

2.82%

Median Effective Kendall County Tax Rate

2.83%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Montgomery, Kendall County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60538	2.44%	2.69%	2.82%	2.94%	3.08%

Source: Ownwell

Property Tax Assessment Values Across Montgomery, Kendall County, Illinois

When examining property taxes in Montgomery, 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 Kendall 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. Assessment notices: In Kendall 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 Montgomery. For example, the median home price in Montgomery is $222,396, with tax bills ranging significantly across the county. 60538 has the highest median home price at $222,396.

Property Tax Assessment Values Across Montgomery, Kendall County, Illinois

Source: Ownwell

$139,020

$326,543

$514,065

Median Montgomery Market Value

$222,396

Median Kendall County Market Value

$264,846

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Montgomery, Kendall County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60538	$174,543	$187,566	$222,396	$275,886	$303,222

Source: Ownwell

Property Tax Bills Across Montgomery, Kendall County, Illinois

In Montgomery, Kendall County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Factors influencing the tax bill include the home's market value, local tax rates, and any applicable exemptions. Homeowners in Montgomery face a median tax bill of $5,984, significantly higher than the national median of $2,400. The tax burden can be substantial, with the 25th percentile tax bill at $5,040 and the 90th percentile reaching $9,062. This can place a financial strain on homeowners, making it crucial to ensure their property is not over-assessed. Ownwell assists homeowners by providing property tax appeal services, potentially reducing their tax burden. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax savings, helping homeowners lower their property tax bills and ease their financial responsibilities.

Property Tax Bills Across Montgomery, Kendall County, Illinois

Source: Ownwell

$3,015

$8,696

$14,377

Median Montgomery Tax Bill

$5,984

Median Kendall County Tax Bill

$7,273

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Montgomery, Kendall County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60538	$4,063	$5,040	$5,984	$8,084	$9,062

Source: Ownwell