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McHenry Times

Sunday, June 8, 2025

Analysis: McHenry County effective property tax rate outpaced the national average in Q4 2022

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Property owners in McHenry County paid 2.3% of the value of their homes in property taxes in the fourth quarter of 2022, which is more than 2.1 times the national average, according to the real estate analysis posted by the McHenry Times.

The median sales price of a McHenry County home in the fourth quarter of 2022 was $270,000, based on data from the 1,117 properties sold during that time. In 2021 the median tax bill for the county was $6,230, which is 2.3% of the median value of the homes that were taxed.

This is 2.1 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of McHenry County real estate data showed homeowners in Fox River Shores, Fox River Grove, and Hebron paid the highest rates.

The following table compares Fox River Shores with some other cities belonging to McHenry 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
Fox River Shores2$170,000$6,0593.6%
Fox River Grove23$245,000$8,2013.3%
Hebron7$125,000$3,7703%
Woodstock85$204,000$5,8782.9%
Oakwood Hills9$250,000$6,8862.8%
Lakewood19$435,000$11,9932.8%
Port Barrington4$311,750$8,7482.8%
Lakemoor15$200,000$5,4092.7%
Cary52$300,500$7,7522.6%
Crystal Lake130$270,000$7,0302.6%
McHenry124$227,000$5,8692.6%
Lake in the Hills80$284,250$7,1122.5%
Trout Valley3$456,000$11,5782.5%
Marengo21$185,000$4,6782.5%
Lilymoor2$172,500$4,3562.5%
Harvard30$174,000$4,1692.4%
Wonder Lake48$184,000$4,3372.4%
Island Lake16$241,750$5,8552.4%
Algonquin79$325,000$7,5562.3%
Huntley78$335,750$7,8102.3%
McCullom Lake2$158,500$3,6712.3%
Eastwood Manor4$202,000$4,7252.3%
Bull Valley6$555,000$12,3332.2%
Johnsburg32$332,500$7,2042.2%
Ringwood3$395,000$8,4932.2%
Holiday Hills4$209,750$4,5782.2%
Richmond6$264,000$5,7472.2%
Barrington Hills5$850,000$17,3552%
Spring Grove14$444,000$8,9062%
Crystal Gardens3$247,000$4,8442%
Prairie Grove12$542,500$10,9022%
Pistakee1$224,000$4,3131.9%
Pistakee Highlands12$217,500$3,8961.8%
Union2$215,000$3,9621.8%
Fox Lake3$660,000$11,1521.7%
Crystal Manor3$250,000$4,0101.6%
Haegers Bend1$411,000$6,6391.6%
Wonder Center2$217,500$2,9831.4%
Silver Lake2$334,000$4,3991.3%

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