The median sales price of a Will County home in the fourth quarter of 2022 was $272,000, based on data from the 2,463 properties sold during that time. In 2020 the median tax bill for the county was $5,860, which is 2.2% of the median value of the homes that were taxed.
This is 1.9 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Will County real estate data showed homeowners in Tinley Park, Arbury Hills, and Park Forest paid the highest rates.
The following table compares Tinley Park with some other cities belonging to Will County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2022.
| City | Q4 2022 Sales | Q4 2022 Median Price | Median tax 2022 | Effective tax rate |
|---|---|---|---|---|
| Tinley Park | 15 | $295,000 | $11,959 | 4.1% |
| Arbury Hills | 3 | $160,320 | $5,727 | 3.6% |
| Park Forest | 9 | $140,000 | $4,977 | 3.6% |
| Willowbrook | 7 | $250,000 | $8,792 | 3.5% |
| University Park | 40 | $142,500 | $4,856 | 3.4% |
| Spencer | 5 | $275,000 | $7,939 | 2.9% |
| Mokena | 56 | $305,950 | $8,634 | 2.8% |
| Bolingbrook | 235 | $275,000 | $7,328 | 2.7% |
| Manhattan | 64 | $307,818 | $8,290 | 2.7% |
| Lakewood Shores | 10 | $90,500 | $2,417 | 2.7% |
| Beecher | 13 | $196,000 | $5,268 | 2.7% |
| Romeoville | 122 | $235,000 | $6,063 | 2.6% |
| Lakewood Falls | 3 | $216,000 | $5,575 | 2.6% |
| New Lenox | 123 | $325,000 | $8,046 | 2.5% |
| Monee | 26 | $290,800 | $7,162 | 2.5% |
| Lockport | 145 | $267,000 | $6,679 | 2.5% |
| Rockdale | 6 | $113,500 | $2,861 | 2.5% |
| Aurora | 41 | $345,000 | $8,140 | 2.4% |
| Crystal Lawns | 8 | $195,000 | $4,531 | 2.3% |
| Frankfort | 94 | $439,050 | $10,095 | 2.3% |
| Frankfort Square | 34 | $291,750 | $6,657 | 2.3% |
| Steger | 26 | $136,000 | $3,157 | 2.3% |
| Naperville | 140 | $532,500 | $11,859 | 2.2% |
| Crest Hill | 81 | $200,000 | $4,483 | 2.2% |
| Minooka | 10 | $358,000 | $8,009 | 2.2% |
| Crete | 53 | $250,000 | $5,389 | 2.2% |
| Plainfield | 187 | $375,000 | $7,975 | 2.1% |
| Joliet | 467 | $227,500 | $4,755 | 2.1% |
| Homer Glen | 71 | $425,000 | $8,853 | 2.1% |
| Wilmington | 35 | $170,000 | $3,649 | 2.1% |
| Graver Country Estates | 1 | $470,000 | $9,772 | 2.1% |
| Carillon | 5 | $244,990 | $5,074 | 2.1% |
| Ridgewood | 7 | $85,000 | $1,801 | 2.1% |
| Lily Cache | 4 | $197,500 | $4,022 | 2% |
| Channahon | 37 | $319,900 | $6,418 | 2% |
| Wellington Heights | 3 | $250,000 | $5,117 | 2% |
| Godley | 2 | $81,000 | $1,620 | 2% |
| Cherry Hill | 4 | $303,750 | $6,147 | 2% |
| Peotone | 13 | $195,000 | $3,988 | 2% |
| Ingalls Park | 26 | $142,500 | $2,796 | 2% |
| Preston Heights | 9 | $113,320 | $2,279 | 2% |
| Shorewood | 87 | $380,000 | $7,105 | 1.9% |
| Custer Park | 4 | $198,778 | $3,811 | 1.9% |
| Elwood | 17 | $230,000 | $4,119 | 1.8% |
| Boula | 1 | $210,000 | $3,647 | 1.7% |
| Lincoln Estates | 2 | $422,500 | $7,013 | 1.7% |
| Braidwood | 39 | $185,000 | $2,978 | 1.6% |
| Coynes | 2 | $195,000 | $2,956 | 1.5% |
| Gilletts | 1 | $450,000 | $5,502 | 1.2% |
| Wilton | 2 | $625,000 | $4,930 | 0.8% |
| Fairmont | 12 | $147,750 | $987 | 0.7% |
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