Chicago suburbs  ·  2020–2024 Census data

Elk Grove Village Property Tax
Rate & Typical Bill

Homeowners in Elk Grove Village, Cook County, pay about 1.79% of their home's value in property tax each year. The median bill is $6,728.

Elk Grove Village, IL

Effective rate
1.79%
Median tax bill
$6,728
Median home value
$347,100
Owner-occupied homes
9,716
Rank in Cook County (1 = highest)
88 of 111

Cook County average: 1.73%

Estimated Yearly Tax by Home Value

At Elk Grove Village's typical rate of 1.79%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$4,483
$350,000$6,276
$450,000$8,069
$600,000$10,758
$800,000$14,344

Can You Deduct It?

A family with a $347,100 home in Elk Grove Village pays about $6,224 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $12,164 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.

Run your own numbers

Compare Nearby Towns

TownCountyRateMedian bill
ItascaDuPage2.00%$8,071
Wood DaleDuPage1.90%$5,900
BensenvilleDuPage2.26%$6,283
Mount ProspectCook2.04%$8,425
SchaumburgCook1.93%$6,617
Rolling MeadowsCook2.18%$6,636

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.

Property Tax FAQ

What is the property tax rate in Elk Grove Village, IL?

Homeowners in Elk Grove Village pay a typical effective property tax rate of 1.79% of home value per year. The median annual bill is $6,728 and the median home value is $347,100 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Elk Grove Village?

About $7,172 per year at Elk Grove Village's typical rate of 1.79%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Elk Grove Village higher than the Cook County average?

Elk Grove Village's typical rate of 1.79% is higher than the Cook County average of 1.73%.

Can I deduct property taxes paid in Elk Grove Village on my 2026 federal return?

Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.

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