Manhattan’s property tax rate surpassed US average in fourth quarter of 2025

Karen A. Stukel, Will County Recorder of Deed
Karen A. Stukel, Will County Recorder of Deed
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Manhattan homeowners paid property taxes equal to 2.2% of their home’s value in the fourth quarter of 2025, which is more than 2.5 times the national average, according to BlockShopper.com.

Data from 46 properties sold in Manhattan during that quarter show a median sales price of $436,945. The median tax bill in Manhattan for 2025 stood at $9,507, reflecting 2.2% of the median assessed home value.

The U.S. average effective property tax rate was 0.888% in 2024.

Within Will County, Wilton, Park Forest, and University Park reported the highest property tax rates among cities in the area.

This article calculates the 2025 effective property tax rate using estimated inflation figures and 2022 county tax records. Actual effective tax rates could differ slightly in some cases.

According to Redfin, U.S. home prices rose further in 2025, with the national median reaching about $447,000 by June, an increase of 1.13% compared with a year earlier. Redfin data also reflected a notable supply-and-demand gap: sellers exceeded buyers by 36%, with 508,715 more properties listed than prospective buyers. Redfin defines a balanced market as one where sellers and buyers are within 10% of each other.

The table below lists Wilton and other Will County cities by their median effective property tax rates for the fourth quarter of 2025, based on available sales and tax data.

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%
Details for this article were sourced from BlockShopper.com. Find the source data here.



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