Addison, Dupage County, Illinois Property Taxes

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

Median ADDISON, IL effective property tax rate: 2.27%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median ADDISON, IL home value: $268,365
Median annual ADDISON, IL tax bill: $5,957, $3,557 higher than the national median property tax bill of $2,400.

How are property taxes in DuPage calculated?

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

Last Updated March 1, 2025

Addison, Dupage County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.27%

Estimate Property Tax Bill

$6,092

$5,653

Ownwell’s Addison Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Addison with just two data points. By entering your property's estimated assessed value, our calculator applies Addison’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 DuPage County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Addison, Dupage County, Illinois

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Addison, located in DuPage County, IL, the effective property tax rate stands out in comparison to other cities in the state and across the nation. With a median property tax rate of 2.27%, Addison's rate is significantly higher than the national median of 1.02%. This means property owners in Addison pay more in property taxes relative to the value of their homes than the average U.S. homeowner. Despite the higher rate, property taxes are crucial for funding essential services such as schools, public safety, and infrastructure. Understanding these rates can help homeowners in Addison make informed decisions about their property investments and potential tax appeals.

Property Tax Rates Across Addison, Dupage County, Illinois

Source: Ownwell

1.32%

2.17%

3.03%

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 Addison Taxx Rate

2.27%

Median Effective Dupage County Taxx Rate

2.22%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

0.99%

Property Tax Rates Across Addison, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60101	1.86%	2.13%	2.27%	2.33%	2.46%

Source: Ownwell

Property Tax Assessment Values Across Addison, Dupage County, Illinois

When examining property taxes in Addison, 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 DuPage County Appraisal District 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.

Assessment notices: In DuPage 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 Addison. For example, the median home price in Addison is $268,365, with tax bills ranging significantly across the county. Zip code 60101 has the highest median home price at $268,365.

Property Tax Assessment Values Across Addison, Dupage County, Illinois

Source: Ownwell

$72,210

$441,000

$809,790

Median Addison Market Value

$268,365

Median Dupage County Market Value

$319,350

Median Illinois Market Value

$194,700

Median United States Market Value

$244,900

Property Tax Assessment Values Across Addison, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60101	$111,390	$210,720	$268,365	$351,510	$455,490

Source: Ownwell

Property Tax Bills Across Addison, Dupage County, Illinois

In Addison, located in DuPage County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The county then applies a tax rate to this assessed value to determine the tax bill. Addison's median property tax bill is notably higher than the national median, reflecting the region's higher property values and tax rates. For example, the median home price in Addison is $268,365, leading to a median tax bill of $5,957, which is significantly above the national median tax bill of $2,400. Factors such as property improvements and neighborhood developments can influence a home's assessed value, thus impacting the tax bill. Homeowners in Addison may find these taxes burdensome, especially when compared to the national median tax rate of 1.02%. Ownwell assists homeowners by evaluating their property assessments and identifying potential errors or overvaluations. By appealing these assessments, Ownwell can help reduce the tax burden, ensuring homeowners pay only their fair share.

Property Tax Bills Across Addison, Dupage County, Illinois

Source: Ownwell

$1,758

$7,802

$13,846

Median Addison Tax Bill

$5,957

Median Dupage County Tax Bill

$7,313

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,690

Property Tax Bills Across Addison, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60101	$2,293	$4,551	$5,957	$7,942	$10,690

Source: Ownwell