This remodeled townhouse, 501 S Marley Road in New Lenox, has a property tax bill of nearly $5,400. | Zillow.com
This remodeled townhouse, 501 S Marley Road in New Lenox, has a property tax bill of nearly $5,400. | Zillow.com
Property owners in New Lenox paid nearly 3 percent of the value of their homes in taxes last year. That’s more than two times the national average, according to an LGIS analysis of real estate sales data in Will County from Jan 1. to June 30.
Local Government Information Service (LGIS) publishes Will County Gazette.
New Lenox, population 26,217, recorded a median sales price of $224,975, based on data from the 30 properties sold during the first half of 2018. In 2017, homeowners paid a median property tax bill of $6,587.56, according tax data from the Will County Assessment Office.
That’s 2.93 percent of the community’s median home value. In the U.S., the average effective property tax rate is 1.19 percent.
Put another way: a $224,975 home in Indiana, where the effective rate is 0.89 percent, would have a property tax bill of about $2,002, or nearly $4,600 less per year.
The analysis, including 30 Will County communities with more than 5 sales since January, shows homeowners in Tinley Park, Crete, Monee and Willowbrook, each clocking in with effective rates higher than 3 percent.
New Lenox, Aurora and Steger all have rates higher than 2.75 percent.
Lockport, Bolingbrook, Romeoville, Peotone, Plainfield and Manhattan are higher than 2.5 percent, about average in Illinois but two times the national average.
Illinois homeowners pay the second-highest property taxes in the country. with an effective median rate of 2.32 percent, just behind those in New Jersey (2.28 percent).
Will County communities paying the highest effective property tax rates
The following table ranks Will County communities by their median effective property tax rate, calculated using sales and property tax data from 2018.
City | Jan - June
2018 Sales | Jan - June 2018
Median Price | Median tax | Effective
tax rate |
Tinley Park | 11 | $220,000 | $10,177.14 | 4.63% |
Crete | 68 | $156,500 | $5,103.73 | 3.26% |
Monee | 20 | $195,000 | $6,209.90 | 3.18% |
Willowbrook | 10 | $245,000 | $7,428.36 | 3.03% |
New Lenox | 30 | $224,975 | $6,587.56 | 2.93% |
Aurora | 90 | $256,000 | $7,289.92 | 2.85% |
Steger | 16 | $105,500 | $2,935.36 | 2.78% |
Lockport | 33 | $204,000 | $5,580.60 | 2.74% |
Bolingbrook | 250 | $227,750 | $6,052.98 | 2.66% |
Romeoville | 204 | $186,000 | $4,794.60 | 2.58% |
Peotone | 6 | $152,500 | $3,895.82 | 2.55% |
Plainfield | 91 | $271,000 | $6,865.94 | 2.53% |
Manhattan | 74 | $253,883 | $6,407.33 | 2.52% |
Mokena | 67 | $295,000 | $7,360.31 | 2.50% |
Naperville | 77 | $438,000 | $10,614.88 | 2.42% |
Frankfort Square | 50 | $230,000 | $5,554.26 | 2.41% |
Shorewood | 76 | $247,000 | $5,960.28 | 2.41% |
Minooka | 5 | $279,000 | $6,563.52 | 2.35% |
Wellington Heights | 9 | $170,000 | $3,944.96 | 2.32% |
Homer Glen | 41 | $319,000 | $7,398.70 | 2.32% |
Beecher | 8 | $211,450 | $4,872.90 | 2.30% |
Frankfort | 122 | $385,000 | $8,806.40 | 2.29% |
Channahon | 54 | $233,000 | $5,137.68 | 2.21% |
Joliet | 486 | $182,750 | $3,922.00 | 2.15% |
Crest Hill | 10 | $172,500 | $3,594.58 | 2.08% |
Wilmington | 13 | $160,000 | $3,246.12 | 2.03% |
Crystal Lawns | 14 | $192,500 | $3,755.62 | 1.95% |
Elwood | 17 | $183,000 | $3,523.08 | 1.93% |
Braidwood | 37 | $155,000 | $2,569.32 | 1.66% |
Preston Heights | 5 | $142,000 | $1,805.60 | 1.27% |
Will County communities with the highest median home price
The following table ranks Will County communities by their median sale price, which is calculated using prices of properties sold during the first six months of 2018.
City | Jan - June 2017 Sales | Jan - June 2017 Median Price | Jan - June 2018 Sales | Jan - June 2018 Median Price | Change |
Preston
Heights | 15 | $60,000 | 5 | $142,000 | 136.67% |
Steger | 31 | $50,000 | 16 | $105,500 | 111.00% |
Aurora | 122 | $194,000 | 90 | $256,000 | 31.96% |
Willowbrook | 27 | $195,000 | 10 | $245,000 | 25.64% |
Beecher | 24 | $172,003 | 8 | $211,450 | 22.93% |
Joliet | 867 | $150,000 | 486 | $182,750 | 21.83% |
Bolingbrook | 482 | $190,000 | 250 | $227,750 | 19.87% |
Wilmington | 27 | $135,000 | 13 | $160,000 | 18.52% |
Crete | 104 | $135,500 | 68 | $156,500 | 15.50% |
Romeoville | 312 | $163,500 | 204 | $186,000 | 13.76% |
Braidwood | 45 | $137,000 | 37 | $155,000 | 13.14% |
Monee | 48 | $174,500 | 20 | $195,000 | 11.75% |
Minooka | 17 | $250,000 | 5 | $279,000 | 11.60% |
Crystal Lawns | 18 | $172,500 | 14 | $192,500 | 11.59% |
Crest
Hill | 138 | $154,700 | 10 | $172,500 | 11.51% |
Shorewood | 136 | $225,000 | 76 | $247,000 | 9.78% |
Mokena | 136 | $272,088 | 67 | $295,000 | 8.42% |
Manhattan | 111 | $234,950 | 74 | $253,883 | 8.06% |
Elwood | 17 | $169,900 | 17 | $183,000 | 7.71% |
Lockport | 221 | $190,000 | 33 | $204,000 | 7.37% |
Frankfort Square | 70 | $215,000 | 50 | $230,000 | 6.98% |
Naperville | 291 | $410,500 | 77 | $438,000 | 6.70% |
Frankfort | 184 | $361,250 | 122 | $385,000 | 6.57% |
Plainfield | 333 | $255,000 | 91 | $271,000 | 6.27% |
Channahon | 77 | $221,000 | 54 | $233,000 | 5.43% |
Homer
Glen | 138 | $307,500 | 41 | $319,000 | 3.74% |
Wellington Heights | 7 | $169,000 | 9 | $170,000 | 0.59% |
New
Lenox | 210 | $237,450 | 30 | $224,975 | -5.25% |
Peotone | 18 | $161,250 | 6 | $152,500 | -5.43% |
Tinley
Park | 41 | $248,000 | 11 | $220,000 | -11.29% |