60135 Property Tax Rate

Property owners in ZIP code 60135 (Genoa, Illinois) pay a median of $6,153/year in property taxes on homes valued at $238,000. This translates to an effective tax rate of 2.59%, which is 38% above the Illinois state average of 1.88%.

The monthly property tax burden for a median-valued home in 60135 is approximately $513, which factors into escrow payments on mortgages. This ZIP code is located within DeKalb County. This is $2,652 more than the Illinois average of $3,501/year.

Compared to similar ZIP codes in Illinois, 60135 has lower property taxes. ZIP codes with similar effective rates include 61032 (2.59%) and 60490 (2.58%).

In Genoa, property taxes represent approximately 7.0% of the median household income of $87,935, providing context for the relative tax burden on homeowners in this area.

Illinois caps assessed value growth at 7% per year under state law, but DeKalb County properties reassess to market value at sale. Apply for the General Homestead Exemption ($10,000 off assessed value) with the DeKalb County Assessor by the filing deadline on your assessment notice. Register with the DeKalb County Assessor immediately after closing to confirm your exemption is applied and your base year value is recorded correctly.