Taxes & Insurance in Geneva
Geneva layers a combined sales tax below Illinois's own statewide average and a property tax rate close to the Kane County average onto Illinois's simple flat 4.95% state income tax.
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Learn moreA Property Tax Rate Close to the Kane County Average
Ownwell's computed effective rate for Geneva ran approximately 2.41% (tax year 2024, $10,647/year median bill on $441,400 home) -- close to, and slightly below, Kane County's own 2.49% average. Separately, the City of Geneva's own municipal levy rate fell to 0.4575 per $100 EAV for the 2025 levy, a real 4.42% decrease.
A Combined Sales Tax Below the Statewide Average
Geneva's combined sales tax rate ran 8.5% (6.25% state + 1.5% city + 0.75% special district) per Avalara's 2026 figure -- below Illinois's own roughly 8.86% statewide average.
Illinois's Flat State Income Tax and Retirement-Income Exemption
Illinois's flat 4.95% state income tax applies to earned income statewide, but Illinois taxes NONE of a retiree's Social Security, pension, or 401(k)/IRA income -- a real, substantial positive for retirement-income movers that applies identically in Geneva.
Illinois's Statewide Homeowners-Insurance Range Applies
No Geneva-specific premium data distinct from Illinois's own statewide range ($2,402-$3,108/year) was found this pass -- confirm current, address-specific quotes directly with a carrier.
Key takeaways
- Property tax (2.41%) runs close to, and slightly below, the Kane County average.
- Combined sales tax (8.5%) runs below Illinois's own statewide average.
- Illinois's flat 4.95% income tax excludes all retirement income -- a real, substantial positive for retirees.
- Illinois's statewide insurance range ($2,402-$3,108/year) applies; no Geneva-specific figure was found this pass.
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