Holiday Hills, Mchenry County, Illinois Property Taxes
Property Taxes in Holiday Hills, Illinois
Median Holiday Hills, Illinois effective property tax rate: 2.39%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Holiday Hills, Illinois home value: $200,445
Median annual Holiday Hills, Illinois tax bill: $4,697, higher than the national median property tax bill of $2,400.
How are property taxes in McHenry calculated?
Property taxes in Holiday Hills, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Holiday Hills's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holiday Hills, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Holiday Hills, Mchenry County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.39%
Estimate Property Tax Bill
$4,791
$4,446
How Does the Holiday Hills Property Tax Calculator Work?
Use this Holiday Hills property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Holiday Hills's median effective tax rate of 2.39% — based on actual property records in McHenry County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Holiday Hills's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Holiday Hills: rates range from 4703.00 in 60051 to 4703.00 in 60051, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Holiday Hills.
About Holiday Hills Property Taxes
About Property Taxes in Holiday Hills, McHenry, Illinois
Holiday Hills’ median effective property tax rate of 2.39% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the McHenry County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Holiday Hills. Homeowners in the 60051 ZIP code carry a median effective rate of 2.39%, while those in the same ZIP code also pay 2.39%. This reflects how school district boundaries and local assessment districts are drawn across McHenry County. Understanding where you live in Holiday Hills can make a meaningful difference to your annual tax bill.
Holiday Hills homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Holiday Hills, Mchenry County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Holiday Hills's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Holiday Hills Tax Rate
2.39%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Mchenry County Tax Rate
2.42%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Holiday Hills, Mchenry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60051 | 1.92% | 2.24% | 2.39% | 2.45% | 2.72% |
| 60050 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Holiday Hills, Mchenry County, Illinois
When examining property taxes in Holiday Hills, Illinois, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The McHenry County assessment process estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In McHenry County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the season.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. The median home price in Holiday Hills is $200,445, with tax bills ranging significantly across the county. ZIP code 60051 has the highest median home price at $200,475.
Property Tax Assessment Values Across Holiday Hills, Mchenry County, Illinois
Source: Ownwell
$167,403
$458,643
$749,883
Median Holiday Hills Market Value
$200,445
Median Mchenry County Market Value
$297,576
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Holiday Hills, Mchenry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60051 | $130,750 | $171,345 | $200,475 | $230,736 | $268,729 |
| 60050 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Holiday Hills, Mchenry County, Illinois
Property tax bills in Holiday Hills are determined by multiplying a home’s assessed value by the local tax rate, then applying any exemptions or adjustments that may reduce the final amount. The assessed value is based on the market value of the property, and local taxing authorities use that figure to calculate what each homeowner owes.
In Holiday Hills, the median home price is $200,445, and the median tax bill is $4,703 in ZIP code 60051. That is well above the national median property tax bill of $2,400, showing how local rates and assessments can significantly affect costs. Homeowners with bills in the 25th percentile pay $3,762, while those in the 75th percentile pay $5,544. At the 90th percentile, tax bills reach $6,558.
Because property taxes are tied to assessed value and local levies, homeowners may see their bills rise when market values increase or taxing districts raise rates.
Property Tax Bills Across Holiday Hills, Mchenry County, Illinois
Source: Ownwell
$3,967
$10,749
$17,531
Median Holiday Hills Tax Bill
$4,697
Median Mchenry County Tax Bill
$7,056
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Holiday Hills, Mchenry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60051 | $1,953 | $3,789 | $4,703 | $5,548 | $6,560 |
| 60050 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| McHenry Tax Assessor | |
| Website | mchenryil.devnetwedge.com |