Chicago suburbs  ·  2020–2024 Census data

Hoffman Estates Property Tax
Rate & Typical Bill

Homeowners in Hoffman Estates, Cook County, pay about 2.15% of their home's value in property tax each year. The median bill is $8,096.

Hoffman Estates, IL

Effective rate
2.15%
Median tax bill
$8,096
Median home value
$351,900
Owner-occupied homes
13,751
Rank in Cook County (1 = highest)
43 of 111

Cook County average: 1.73%

Estimated Yearly Tax by Home Value

At Hoffman Estates's typical rate of 2.15%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$5,371
$350,000$7,520
$450,000$9,668
$600,000$12,891
$800,000$17,188

Can You Deduct It?

A family with a $351,900 home in Hoffman Estates pays about $7,560 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $13,500 — 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
South BarringtonCook1.85%$10,000+
StreamwoodCook2.17%$6,040
SchaumburgCook1.93%$6,617
InvernessCook2.19%$10,000+
Hanover ParkDuPage2.06%$6,294
East DundeeKane2.04%$6,376

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 Hoffman Estates, IL?

Homeowners in Hoffman Estates pay a typical effective property tax rate of 2.15% of home value per year. The median annual bill is $8,096 and the median home value is $351,900 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Hoffman Estates?

About $8,594 per year at Hoffman Estates's typical rate of 2.15%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Hoffman Estates higher than the Cook County average?

Hoffman Estates's typical rate of 2.15% is higher than the Cook County average of 1.73%.

Can I deduct property taxes paid in Hoffman Estates 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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