Florida vs Illinois: Property Tax Calculator

Annual and monthly property tax — by state.

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Florida Facts

Income taxNo state income tax
Avg. property tax rate0.83% of home value
Avg. combined sales tax7.01%

Averages — verify current rates with your county assessor.

Illinois Facts

Income taxFlat state income tax, 4.95%
Avg. property tax rate2.08% of home value
Avg. combined sales tax8.82%

Averages — verify current rates with your county assessor.

Florida vs Illinois — Quick Comparison

Income tax typenone vs flat
Property tax rate0.83% vs 2.08%
Sales tax rate7.01% vs 8.82%

Florida

Your Results

Effective rate0.83%
Annual property tax$2,905.00
Monthly (escrow)$242.08

Uses average effective property tax rates per state (2026). Actual rates vary by county and exemptions (homestead, senior, veteran).

Frequently Asked Questions

Which states have the highest property taxes?

New Jersey, Illinois, Connecticut, and New Hampshire have the highest effective rates (2%+). Hawaii, Alabama, and Colorado are among the lowest.

Is property tax paid monthly or yearly?

Most homeowners pay monthly through escrow as part of the mortgage payment; the lender pays the county annually. Without a mortgage, you pay the county directly, usually annually or semi-annually.

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Illinois

Your Results

Effective rate2.08%
Annual property tax$7,280.00
Monthly (escrow)$606.67

Uses average effective property tax rates per state (2026). Actual rates vary by county and exemptions (homestead, senior, veteran).

Frequently Asked Questions

Which states have the highest property taxes?

New Jersey, Illinois, Connecticut, and New Hampshire have the highest effective rates (2%+). Hawaii, Alabama, and Colorado are among the lowest.

Is property tax paid monthly or yearly?

Most homeowners pay monthly through escrow as part of the mortgage payment; the lender pays the county annually. Without a mortgage, you pay the county directly, usually annually or semi-annually.

Related Calculators

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