1. States
  2. /Illinois
  3. /Cook County
  4. /Inverness
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Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2024 (payable 2025)i

Source

Composite Ratei

6.8411%-3%YoY

Municipal Portioni

0.4639%-0.5%YoY6.8% of total

Effective Ratei

2.28%

Est. Annual Taxi

$16K$1,338/mo

Median Home Valuei

$704,100

Total Leviedi

$1.0B

Tax Per Capitai

$313

Municipal Revenuei

$2.2M40.8% of total rev

Rate Trend — click a year to explorei

20232024
Municipal
Other Districts

Where Your Tax Dollar Goesi

$0.66 U 220 (Lake)
$0.17 Inverness Fpd
$0.07 Inverness
$0.06 Cook Co
$0.02 Inverness Pkd
$0.02 Palatine Twp
$0.01 Cook Co Fst Prsv Dist

Estimated Tax by Home Valuei

$250K

$5,700

$475/mo

$500K

$11,401

$950/mo

$750K

$17,101

$1425/mo

$1M

$22,801

$1900/mo

$1.25M

$28,502

$2375/mo

$1.50M

$34,202

$2850/mo

$1.75M

$39,902

$3325/mo

Highlighted value is closest to median home value ($704K)

7 Overlapping Taxing Districtsi

U 220 (Lake)i
65.5%4.4835%
$66.9M levied
Inverness Fpdi
17%1.1646%
$5.2M levied
Invernessi
6.8%0.4639%
$2.4M levied
Cook Coi
5.7%0.3905%
$815.6M levied
Inverness Pkdi
2.4%0.1630%
$391K levied
Palatine Twpi
1.6%0.1070%
$4.4M levied
Cook Co Fst Prsv Disti
1%0.0686%
$143.3M levied