Frankfort residents paid property taxes amounting to 2.1% of their home’s value in the fourth quarter of 2025—over 2.4 times higher than the national average, BlockShopper.com data shows.
Data from 76 homes sold during the same period indicate a median sales price of $550,000 in Frankfort, with a median property tax bill of $11,701 for 2025. This represents an effective property tax rate of 2.1% based on the median assessed home value.
The national effective property tax rate was 0.888% in 2024.
Within Will County, Wilton, Park Forest and University Park had the top three highest effective property tax rates.
This analysis uses estimated inflation data and county-reported 2022 tax figures to determine 2025 effective rates, so minor variations may exist compared with actual rates.
Nationally, home prices climbed in 2025 with the median price nationwide rising to about $447,000 in June. Redfin data indicates this marks a 1.13% increase from the year before and shows supply outpacing demand by 36%—a gap of 508,715 homes. Redfin defines a balanced market as having seller and buyer totals within 10% of each other.
The table below compares Wilton’s median effective property tax rate to that of additional Will County cities, using fourth-quarter 2025 property sales and tax information.
| City | Q4 2025 Sales | Q4 2025 Median Price | Median tax 2025 | Effective tax rate |
|---|---|---|---|---|
| Wilton | 3 | $87,000 | $5,703 | 6.6% |
| Park Forest | 11 | $148,000 | $6,559 | 4.4% |
| University Park | 25 | $185,000 | $5,446 | 2.9% |
| Crete | 40 | $222,500 | $6,176 | 2.8% |
| Aurora | 36 | $327,000 | $8,849 | 2.7% |
| Steger | 12 | $136,870 | $3,718 | 2.7% |
| Tinley Park | 13 | $538,000 | $13,774 | 2.6% |
| Bolingbrook | 193 | $335,000 | $8,250 | 2.5% |
| Carillon | 7 | $239,000 | $5,676 | 2.4% |
| Frankfort Square | 26 | $308,750 | $7,495 | 2.4% |
| Monee | 17 | $350,000 | $7,909 | 2.3% |
| Lockport | 113 | $325,000 | $7,455 | 2.3% |
| Willowbrook | 7 | $430,000 | $9,816 | 2.3% |
| Romeoville | 84 | $307,500 | $6,826 | 2.2% |
| Minooka | 4 | $404,750 | $9,029 | 2.2% |
| Shorewood | 49 | $372,500 | $8,148 | 2.2% |
| Joliet | 396 | $255,750 | $5,537 | 2.2% |
| New Lenox | 90 | $418,000 | $9,071 | 2.2% |
| Manhattan | 46 | $436,945 | $9,507 | 2.2% |
| Plainfield | 142 | $421,500 | $8,855 | 2.1% |
| Mokena | 45 | $460,000 | $9,741 | 2.1% |
| Channahon | 28 | $355,000 | $7,431 | 2.1% |
| Homer Glen | 56 | $457,500 | $9,631 | 2.1% |
| Frankfort | 76 | $550,000 | $11,701 | 2.1% |
| Crest Hill | 53 | $245,000 | $5,084 | 2.1% |
| Coynes | 2 | $162,500 | $3,395 | 2.1% |
| Naperville | 98 | $653,000 | $13,141 | 2% |
| Ingalls Park | 13 | $164,900 | $3,276 | 2% |
| Rockdale | 5 | $170,000 | $3,431 | 2% |
| Braidwood | 39 | $175,000 | $3,422 | 2% |
| Arbury Hills | 3 | $330,000 | $6,458 | 2% |
| Elwood | 11 | $270,000 | $4,866 | 1.8% |
| Cherry Hill | 2 | $390,000 | $7,000 | 1.8% |
| Beecher | 12 | $292,500 | $5,370 | 1.8% |
| Crystal Lawns | 12 | $300,000 | $5,103 | 1.7% |
| Wilmington | 20 | $247,450 | $4,123 | 1.7% |
| Forest Manor | 3 | $280,000 | $4,483 | 1.6% |
| Spencer | 2 | $557,500 | $8,926 | 1.6% |
| Custer Park | 5 | $262,500 | $4,063 | 1.5% |
| Peotone | 11 | $312,000 | $4,467 | 1.4% |
| Preston Heights | 9 | $205,000 | $2,770 | 1.4% |
| Lakewood Shores | 5 | $250,000 | $2,891 | 1.2% |
| Ridgewood | 4 | $190,000 | $2,184 | 1.1% |
| Fairmont | 8 | $127,500 | $1,137 | 0.9% |