Home Value Calculator
How will the progressive tax affect your home value?
If the progressive income tax is enacted, your home equity will be
lower than under Illinois’ current income tax.
lower than under Illinois’ current income tax.
Enter your county and
home details above
home details above
This tool compares the expected sale price based on the most recent 10-year average house price appreciation with the expected change in housing prices under the proposed tax increase that would go into effect Jan. 1, 2021, should voters approve a progressive tax constitutional amendment Nov. 3. This calculation assumes no change in other owner's costs such as mortgage rates, maintenance costs, property taxes and the federal income tax liability.