Grundy County, Illinois Property Taxes
Census Bureau ACS property tax data for Illinois. Population: 15,555.
The median annual property tax in Grundy County is $5,260, which is 89% higher than the Illinois state average and 174% above the national average. The effective tax rate is 2.03% on a median home value of $259,200. Property taxes represent 5.7% of the median household income in this county.
Median Annual Tax
$5,260
+89% vs State
+174% vs US
Median Home Value
$259,200
+77% vs State
+23% vs US
Effective Tax Rate
2.03%
+11% vs State
+114% vs US
With vs Without Mortgage
With Mortgage
$5,754
$480/mo
Without Mortgage
$4,237
$353/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $5,260 +6.2% | 2.03% |
| 2022 | $4,953 +9.0% | 2.02% |
| 2021 | $4,543 +6.1% | 2.14% |
| 2020 | $4,283 +2.4% | 2.14% |
| 2019 | $4,182 | 2.10% |
Tax Burden
Tax-to-Income Ratio
5.7%
of median household income
Median Income
$93,060
per year
Monthly Tax
$438
per month
Other Counties in Illinois
Peoria County
Tax: $3,416/yr Rate: 2.24%
Menard County
Tax: $2,936/yr Rate: 1.64%
Clinton County
Tax: $3,356/yr Rate: 1.86%
Adams County
Tax: $2,461/yr Rate: 1.58%
Logan County
Tax: $2,315/yr Rate: 1.84%
Crawford County
Tax: $1,769/yr Rate: 1.56%
Frequently Asked Questions
What is the average property tax in Grundy County, Illinois? ▼
The median annual property tax in Grundy County is $5,260 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 2.03% on a median home value of $259,200.
How does Grundy County property tax compare to the national average? ▼
Property taxes in Grundy County are 174% above the national average of $1,923. The effective rate of 2.03% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Grundy County? ▼
In Grundy County, homeowners with a mortgage pay a median of $5,754 in annual property taxes, while homeowners without a mortgage pay $4,237. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Grundy County? ▼
Property taxes in Grundy County represent approximately 5.7% of the median household income of $93,060. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.