Quantcast

Dupage Policy Journal

Saturday, May 18, 2024

DuPage County effective property tax rate in Q4 2022 was higher than the national average

Re 2

Property owners in DuPage County paid 2.1% the value of their homes in property taxes in the fourth quarter of 2022 which is more than 1.9 times the national average, according to the real estate analysis posted by the DuPage Policy Journal.

The median sales price of a DuPage County home in the fourth quarter of 2022 was $330,000, based on data from the 2,822 properties sold during that time. In 2020 the median tax bill for the county was $6,840, which is 2.1% of the median value of the homes that were taxed.

This is 1.9 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of DuPage County real estate data showed homeowners in Bloomingdale, Hanover Park, and Bensenville paid the highest rates.

The following table compares Bloomingdale with some other cities belonging to DuPage County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2022.

CityQ4 2022 SalesQ4 2022 Median PriceMedian tax 2022Effective tax rate
Bloomingdale69$270,000$7,7092.9%
Hanover Park52$222,500$6,2762.8%
Bensenville29$218,500$6,1502.8%
Bartlett71$355,000$8,7542.5%
Carol Stream100$303,500$7,7052.5%
Glendale Heights86$259,500$6,5842.5%
Lisle49$319,000$8,0292.5%
Roselle57$285,500$6,9642.4%
Lombard137$285,000$6,9102.4%
Glen Ellyn71$430,000$10,1542.4%
Woodridge79$329,000$7,8522.4%
Wheaton176$373,750$8,7172.3%
Aurora167$315,000$7,2072.3%
Glenbard South15$390,000$8,8642.3%
Bolingbrook4$346,750$7,8882.3%
Villa Park70$286,750$6,2702.2%
Warrenville54$263,750$5,7212.2%
Darien88$325,000$7,1222.2%
Clarendon Hills30$490,000$10,6122.2%
West Chicago51$337,000$7,1352.1%
St. Charles5$275,000$5,7822.1%
Medinah9$399,000$8,2522.1%
Winfield38$372,500$7,8842.1%
Naperville281$431,000$8,9492.1%
York Center24$194,250$4,1602.1%
Dupage City34$164,250$3,4022.1%
Westmont63$308,000$6,0092%
Wayne2$652,500$12,5961.9%
Addison75$310,000$5,9901.9%
Burr Ridge33$660,000$12,7131.9%
Downers Grove160$389,750$6,9811.8%
Elmhurst139$525,000$8,7641.7%
Hinsdale56$897,000$15,2321.7%
Itasca24$449,000$7,1561.6%
Wood Dale40$357,500$5,6441.6%
Oakbrook Terrace6$336,250$5,4161.6%
Oak Brook28$756,000$12,0091.6%
Willowbrook52$247,000$3,7171.5%

MORE NEWS