The median sales price of a Winnebago County home in the fourth quarter of 2022 was $130,000, based on data from the 1,010 properties sold during that time. In 2019 the median tax bill for the county was $2,934, which is 2.3% of the median value of the homes that were taxed.
This is 2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Winnebago County real estate data showed homeowners in Winnebago, Machesney Park, and Pecatonica paid the highest rates.
The following table compares Winnebago with some other cities belonging to Winnebago County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2022.
City | Q4 2022 Sales | Q4 2022 Median Price | Median tax 2022 | Effective tax rate |
---|---|---|---|---|
Winnebago | 20 | $192,500 | $5,010 | 2.6% |
Machesney Park | 82 | $125,000 | $3,130 | 2.5% |
Pecatonica | 10 | $169,000 | $4,260 | 2.5% |
Rockford | 653 | $110,500 | $2,629 | 2.4% |
Cherry Valley | 37 | $181,000 | $4,419 | 2.4% |
Loves Park | 66 | $129,500 | $3,153 | 2.4% |
Harlem | 12 | $235,000 | $5,453 | 2.3% |
Rockton | 26 | $207,500 | $4,790 | 2.3% |
Roscoe | 60 | $235,000 | $5,520 | 2.3% |
Lake Summerset | 7 | $200,000 | $4,469 | 2.2% |
Durand | 8 | $146,750 | $3,059 | 2.1% |
Owen | 7 | $225,000 | $4,068 | 1.8% |
South Beloit | 19 | $185,000 | $2,973 | 1.6% |