Chicago suburbs  ·  2020–2024 Census data

Montgomery Property Tax
Rate & Typical Bill

Homeowners in Montgomery, Kane County, pay about 2.28% of their home's value in property tax each year. The median bill is $7,183.

Montgomery, IL

Effective rate
2.28%
Median tax bill
$7,183
Median home value
$299,500
Owner-occupied homes
5,667
Rank in Kane County (1 = highest)
4 of 20

Kane County average: 2.18%

Estimated Yearly Tax by Home Value

At Montgomery's typical rate of 2.28%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$5,707
$350,000$7,989
$450,000$10,272
$600,000$13,696
$800,000$18,262

Can You Deduct It?

A family with a $299,500 home in Montgomery pays about $6,837 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $12,777 — 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
AuroraKane2.25%$6,263
PrestburyKane2.01%$8,221
Sugar GroveKane2.35%$9,221
North AuroraKane2.24%$7,790
Big RockKane2.16%$7,655
BataviaKane2.29%$8,963

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 Montgomery, IL?

Homeowners in Montgomery pay a typical effective property tax rate of 2.28% of home value per year. The median annual bill is $7,183 and the median home value is $299,500 (U.S. Census ACS 2020–2024).

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

About $9,131 per year at Montgomery's typical rate of 2.28%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Montgomery higher than the Kane County average?

Montgomery's typical rate of 2.28% is higher than the Kane County average of 2.18%.

Can I deduct property taxes paid in Montgomery 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.

Let a CPA Run Your Numbers

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