Property Tax & Income in Grundy County, Illinois
Grundy County has an effective property tax rate of 2.00%. On the median home value of $271,700, that's roughly $5,420 per year. Median household income is $92,235.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Grundy County | Illinois (state context) |
|---|---|---|
| Effective property tax rate1 | 2.00% | 1.80% |
| Median home value1 | $271,700 | — |
| State income tax3 | top rate 4.95% | top rate 4.95% |
| State sales tax3 | 8.98% combined | 8.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Grundy County, IL
Grundy County's effective property tax rate of 1.995% sits above Illinois's statewide median of 1.804%, placing it 30th among the state's 102 counties. That ranking signals a heavier-than-average reliance on property taxes locally, though the gap with the state figure is not dramatic. Against the national median of 0.794%, however, Grundy County's rate is more than double, a sharp reminder of how much property tax burdens vary across the country. A median home value of $271,700 generates an annual bill near $5,420, while median household income of $92,235 and per-capita income of $43,656 help offset that cost. Communities such as Coal City, Gardner, and Braceville fall within the county, and homeowners there should expect tax bills that run noticeably higher than what many Americans pay elsewhere.