Villa Park, Dupage County, Illinois Property Taxes

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

Median Villa Park, IL effective property tax rate: 2.37%, significantly higher than the national median of 1.02%, but slightly higher than the Illinois state median of 2.35%.
Median Villa Park, IL home value: $254,310
Median annual Villa Park, IL tax bill: $5,689, $3,289 higher than the national median property tax bill of $2,400.

How are property taxes in DuPage calculated?

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

Last Updated March 1, 2025

Villa Park, Dupage County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.37%

Estimate Property Tax Bill

$6,027

$5,593

Ownwell’s Villa Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Villa Park with just two data points. By entering your property's estimated assessed value, our calculator applies Villa Park’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by DuPage 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 Villa Park, Dupage County, Illinois

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Villa Park's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Villa Park, located in DuPage County, has an effective property tax rate of 2.37%, which is significantly higher than the national median property tax rate of 1.02%. This means that residents in Villa Park are likely to pay more in property taxes compared to the average American homeowner. Understanding these rates can help property owners in Villa Park plan their finances and explore potential savings through property tax appeals or exemptions. As property taxes are a significant expense for homeowners, knowing where your city stands can be crucial for financial planning and decision-making.

Property Tax Rates Across Villa Park, 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 Villa Park Tax Rate

2.37%

Median Effective Dupage County Tax Rate

2.22%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Villa Park, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60181	1.72%	2.16%	2.37%	2.43%	2.47%

Source: Ownwell

Property Tax Assessment Values Across Villa Park, Dupage County, Illinois

When examining property taxes in Villa 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 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.

In DuPage County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Villa Park. For example, the median home price in Villa Park is $254,310, with tax bills ranging significantly across the county. Zip code 60181 has the highest median home price at $254,310.

Property Tax Assessment Values Across Villa Park, Dupage County, Illinois

Source: Ownwell

$72,210

$441,000

$809,790

Median Villa Park Market Value

$254,310

Median Dupage County Market Value

$319,350

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Villa Park, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60181	$155,880	$199,942	$254,310	$304,628	$375,570

Source: Ownwell

Property Tax Bills Across Villa Park, Dupage County, Illinois

In Villa Park, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the DuPage County Assessor's Office. This assessed value is a percentage of the property's market value, and local tax rates are applied to this value to calculate the tax bill. With a median home price of $254,310, Villa Park homeowners face property tax bills that can vary significantly. The tax bill for the 25th percentile is $4,309, while the 75th percentile reaches $6,968, and the 90th percentile climbs to $8,826. This variation can impact homeowners' finances considerably, especially when compared to the national median property tax bill of $2,400.

Ownwell offers valuable assistance to homeowners by identifying potential savings on their property tax bills. Our team of experts analyzes property assessments and ensures that homeowners are not overpaying. By appealing inaccurate assessments and securing exemptions, Ownwell helps homeowners in Villa Park achieve significant savings, providing peace of mind and financial relief.

Property Tax Bills Across Villa Park, Dupage County, Illinois

Source: Ownwell

$1,758

$7,802

$13,846

Median Villa Park Tax Bill

$5,689

Median Dupage County Tax Bill

$7,313

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Villa Park, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60181	$2,924	$4,309	$5,689	$6,968	$8,826

Source: Ownwell