The median sales price of a DeKalb County home in the third quarter of 2022 was $208,500, based on data from the 110 properties sold during that time. In 2021 the median tax bill for the county was $5,038, which is 2.4% of the median value of the homes that were taxed.
This is 2.2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of DeKalb County real estate data showed homeowners in Malta and Hinckley paid the highest rates.
The following table compares Malta with some other cities belonging to DeKalb County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2022.
City | Q3 2022 Sales | Q3 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Malta | 1 | $75,000 | $5,066 | 6.8% |
Hinckley | 3 | $164,000 | $6,089 | 3.7% |
Waterman | 5 | $146,000 | $4,760 | 3.3% |
Kingston | 2 | $169,250 | $5,559 | 3.3% |
DeKalb | 38 | $181,250 | $5,236 | 2.9% |
Cortland | 2 | $235,450 | $6,161 | 2.6% |
Sycamore | 31 | $225,000 | $5,720 | 2.5% |
Genoa | 8 | $225,000 | $5,462 | 2.4% |
Somonauk | 3 | $235,000 | $5,314 | 2.3% |
Maple Park | 4 | $334,750 | $7,636 | 2.3% |
Kirkland | 4 | $215,750 | $4,955 | 2.3% |
Sandwich | 9 | $247,000 | $4,986 | 2% |