Maple Park, Dekalb County, Illinois Property Taxes

Name: Property Tax Bills Across Maple Park, Dekalb County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Maple Park, IL effective property tax rate: 3.01%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.

Median Maple Park, IL home value: $251,124

Median annual Maple Park, IL tax bill: $7,294, $4,894 higher than the national median property tax bill of $2,400.

How are property taxes in DeKalb calculated?

Property taxes in Maple Park, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Maple Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Maple Park, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Maple Park, Dekalb County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.01%

Estimate Property Tax Bill

$7,559

$7,014

Ownwell’s Maple Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Maple Park with just two data points. By entering your property's estimated assessed value, our calculator applies Maple Park’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by DeKalb County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in DeKalb County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Maple Park, Dekalb County, Illinois

Local government entities determine property tax rates, which can significantly differ within Illinois. This variation is due to each county's annual budget estimation process, where they calculate the funds needed for public services and divide this amount by the total assessed value of all taxable properties within their jurisdiction. This calculation yields the property tax rate. Though the process involves votes and legal frameworks, this is essentially how it unfolds each year.

In Maple Park, located in DeKalb County, the effective property tax rate is notably higher than the national median of 1.02%. With a median property tax rate of 3.01%, Maple Park stands out as having one of the highest property tax rates not just in Illinois, but also compared to the national landscape. This rate underscores the significant investment Maple Park makes in its local services, reflecting the community's commitment to maintaining quality public amenities.

Property Tax Rates Across Maple Park, Dekalb County, Illinois

Source: Ownwell

2.35%

2.89%

3.43%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Maple Park Taxx Rate

3.01%

Median Effective Dekalb County Taxx Rate

2.86%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Maple Park, Dekalb County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60151	2.57%	2.83%	3.01%	3.08%	3.42%

Source: Ownwell

Property Tax Assessment Values Across Maple Park, Dekalb County, Illinois

When examining property taxes in Maple Park, IL, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The DeKalb County assessment office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In DeKalb County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Maple Park. For example, the median home price in Maple Park is $251,124, with tax bills ranging significantly across the county. Zip code 60151 has the highest median home price at $251,124.

Property Tax Assessment Values Across Maple Park, Dekalb County, Illinois

Source: Ownwell

$145,544

$224,239

$302,934

Median Maple Park Market Value

$251,124

Median Dekalb County Market Value

$185,016

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Maple Park, Dekalb County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60151	$156,252	$187,586	$251,124	$295,525	$319,416

Source: Ownwell

Property Tax Bills Across Maple Park, Dekalb County, Illinois

In Maple Park, DeKalb County, IL, property tax bills are calculated by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value. Homeowners in Maple Park face a higher property tax burden compared to the national median, with the median tax bill reaching $7,294, significantly above the national median of $2,400. Factors influencing these bills include the property’s assessed value, local tax rates, and any applicable exemptions. For instance, tax bills in the 25th percentile are $5,464, while those in the 75th percentile rise to $8,839, indicating a wide range based on property assessments and rates. This financial burden can be significant for homeowners, impacting household budgets and long-term financial planning. Ownwell offers a solution by helping homeowners appeal their property taxes and identify potential exemptions, potentially reducing their tax bills. By leveraging expertise and local knowledge, Ownwell can help homeowners navigate the complexities of property tax assessments and secure savings.

Property Tax Bills Across Maple Park, Dekalb County, Illinois

Source: Ownwell

$3,270

$5,340

$7,410

Median Maple Park Tax Bill

$7,294

Median Dekalb County Tax Bill

$5,206

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Maple Park, Dekalb County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60151	$4,142	$5,464	$7,294	$8,839	$9,703

Source: Ownwell