Hebron, Mchenry County, Illinois Property Taxes

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

Median Hebron, IL effective property tax rate: 2.29%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Hebron, IL home value: $182,954
Median annual Hebron, IL tax bill: $4,132, $1,732 higher than the national median property tax bill of $2,400.

How are property taxes in McHenry calculated?

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

Last Updated March 1, 2025

Hebron, Mchenry County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.29%

Estimate Property Tax Bill

$4,190

$3,888

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

Property Tax Rates Across Hebron, Mchenry County, Illinois

Local government entities set tax rates, which can vary widely within a state. The reason for this variation is that each county annually 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 Hebron, located in McHenry County, Illinois, the effective property tax rate stands at 2.29%, significantly higher than the national median property tax rate of 1.02%. This makes Hebron's property tax rate one of the highest in the state. When considering property taxes, it’s essential to understand how these rates impact your overall expenses. With Hebron's rate being more than double the national median, residents may find themselves paying considerably higher property tax bills compared to other areas. Understanding these rates can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Hebron, Mchenry County, Illinois

Source: Ownwell

2.29%

2.72%

3.15%

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 Hebron Taxx Rate

2.29%

Median Effective Mchenry County Taxx Rate

2.75%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Hebron, Mchenry County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60034	1.90%	2.15%	2.29%	2.37%	2.59%

Source: Ownwell

Property Tax Assessment Values Across Hebron, Mchenry County, Illinois

When examining property taxes in Hebron, 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 McHenry 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 McHenry 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 Hebron. For example, the median home price in Hebron is $182,954, with tax bills ranging significantly across the county. 60034 has the highest median home price at $182,954.

Property Tax Assessment Values Across Hebron, Mchenry County, Illinois

Source: Ownwell

$134,019

$378,264

$622,508

Median Hebron Market Value

$182,954

Median Mchenry County Market Value

$241,654

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Hebron, Mchenry County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60034	$94,385	$149,917	$182,954	$238,778	$321,640

Source: Ownwell

Property Tax Bills Across Hebron, Mchenry County, Illinois

In Hebron, located in McHenry County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is a percentage of the property's market value. Homeowners in Hebron face a median property tax bill of $4,132, which is significantly higher than the national median of $2,400. The 25th percentile tax bill is $2,999, while the 75th percentile reaches $5,344, and the 90th percentile goes up to $7,144. These figures indicate a wide range of tax burdens depending on property values and assessment accuracy. Factors such as local government budgets and school district funding needs also influence the final tax bill. For homeowners, this can mean a substantial financial commitment. However, Ownwell offers property tax appeal and exemption services to help homeowners in Hebron potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can assist in lowering the financial burden of property taxes.

Property Tax Bills Across Hebron, Mchenry County, Illinois

Source: Ownwell

$3,508

$9,978

$16,448

Median Hebron Tax Bill

$4,132

Median Mchenry County Tax Bill

$6,534

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Hebron, Mchenry County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60034	$1,938	$2,999	$4,132	$5,344	$7,144

Source: Ownwell