The median sales price of a McHenry County home in the second quarter of 2023 was $280,000, based on data from the 570 properties sold during that time. In 2023, the median tax bill for the county was $6,948, which is 2.5% of the median value of the homes that were taxed.
This is 2.2 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 Trout Valley and Island Lake paid the highest rates.
The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Trout Valley with some other cities belonging to McHenry County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.
| City | Q2 2023 Sales | Q2 2023 Median Price | Median tax 2023 | Effective tax rate |
|---|---|---|---|---|
| Trout Valley | 3 | $350,000 | $12,064 | 3.4% |
| Island Lake | 9 | $205,000 | $5,894 | 2.9% |
| Crystal Lake | 75 | $265,000 | $7,349 | 2.8% |
| Barrington Hills | 3 | $630,000 | $17,562 | 2.8% |
| Cary | 40 | $296,000 | $8,063 | 2.7% |
| Harvard | 11 | $165,000 | $4,266 | 2.6% |
| Fox River Grove | 8 | $328,500 | $8,673 | 2.6% |
| Woodstock | 47 | $240,000 | $6,164 | 2.6% |
| Crystal Gardens | 3 | $191,106 | $4,999 | 2.6% |
| Richmond | 4 | $230,000 | $5,896 | 2.6% |
| Spring Grove | 4 | $368,250 | $9,268 | 2.5% |
| Marengo | 22 | $198,125 | $5,013 | 2.5% |
| Huntley | 40 | $319,875 | $7,983 | 2.5% |
| Lakewood | 7 | $527,000 | $12,424 | 2.4% |
| McCullom Lake | 4 | $162,300 | $3,823 | 2.4% |
| McHenry | 58 | $262,500 | $6,107 | 2.3% |
| Holiday Hills | 3 | $205,000 | $4,741 | 2.3% |
| Oakwood Hills | 5 | $325,000 | $7,251 | 2.2% |
| Algonquin | 44 | $349,763 | $7,750 | 2.2% |
| Bull Valley | 4 | $572,500 | $12,760 | 2.2% |
| Wonder Center | 2 | $140,000 | $3,084 | 2.2% |
| Johnsburg | 17 | $350,000 | $7,479 | 2.1% |
| Lake in the Hills | 32 | $359,500 | $7,292 | 2% |
| Wonder Lake | 24 | $223,582 | $4,493 | 2% |
| Prairie Grove | 2 | $563,750 | $11,365 | 2% |
| Hebron | 2 | $216,000 | $3,866 | 1.8% |
| Pistakee Highlands | 11 | $255,000 | $4,046 | 1.6% |
| Lakemoor | 7 | $349,900 | $5,622 | 1.6% |
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