Chicago suburbs  ·  2020–2024 Census data

Prairie Grove Property Tax
Rate & Typical Bill

Homeowners in Prairie Grove, McHenry County, pay about 2.50% of their home's value in property tax each year. The median bill is $10,000+.

Prairie Grove, IL

Effective rate
2.50%
Median tax bill
$10,000+
Median home value
$467,600
Owner-occupied homes
708
Rank in McHenry County (1 = highest)
4 of 20

McHenry County average: 2.26%

Estimated Yearly Tax by Home Value

At Prairie Grove's typical rate of 2.50%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$6,255
$350,000$8,757
$450,000$11,259
$600,000$15,012
$800,000$20,016

Can You Deduct It?

A family with a $467,600 home in Prairie Grove pays about $11,699 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $17,639 — 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
Oakwood HillsMcHenry1.90%$6,920
Island LakeMcHenry2.50%$6,500
Crystal LakeMcHenry2.42%$7,720
McHenryMcHenry2.43%$6,456
Port BarringtonLake2.23%$9,085
CaryMcHenry2.60%$8,089

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 Prairie Grove, IL?

Homeowners in Prairie Grove pay a typical effective property tax rate of 2.50% of home value per year. The median annual bill is $10,000+ and the median home value is $467,600 (U.S. Census ACS 2020–2024).

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

About $10,008 per year at Prairie Grove's typical rate of 2.50%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Prairie Grove higher than the McHenry County average?

Prairie Grove's typical rate of 2.50% is higher than the McHenry County average of 2.26%.

Can I deduct property taxes paid in Prairie Grove 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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