Homeowners in Harvard, McHenry County, pay about 2.40% of their home's value in property tax each year. The median bill is $4,431.
At Harvard's typical rate of 2.40%. Exemptions lower the real bill.
| Home value | Property tax (estimate) |
|---|---|
| $250,000 | $6,008 |
| $350,000 | $8,411 |
| $450,000 | $10,814 |
| $600,000 | $14,418 |
| $800,000 | $19,224 |
A family with a $175,400 home in Harvard pays about $4,215 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $10,155 — 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.
| Town | County | Rate | Median bill |
|---|---|---|---|
| Woodstock | McHenry | 2.52% | $6,482 |
| Wonder Lake | McHenry | 2.44% | $6,129 |
| Richmond | McHenry | 2.25% | $5,848 |
| Marengo | McHenry | 2.00% | $5,234 |
| McHenry | McHenry | 2.43% | $6,456 |
| Lakewood | McHenry | 2.44% | $10,000+ |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.
Homeowners in Harvard pay a typical effective property tax rate of 2.40% of home value per year. The median annual bill is $4,431 and the median home value is $175,400 (U.S. Census ACS 2020–2024).
About $9,612 per year at Harvard's typical rate of 2.40%. The homeowner exemption and other exemptions lower the actual bill.
Harvard's typical rate of 2.40% is higher than the McHenry County average of 2.26%.
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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