Winfield, Dupage County, Illinois Property Taxes

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

Median Winfield, IL effective property tax rate: 2.38%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Winfield, IL home value: $334,095
Median annual Winfield, IL tax bill: $7,895, $5,495 higher than the national median property tax bill of $2,400.

How are property taxes in DuPage County calculated?

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

Last Updated March 1, 2025

Winfield, Dupage County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.38%

Estimate Property Tax Bill

$7,951

$7,379

Ownwell’s Winfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Winfield with just two data points. By entering your property's estimated assessed value, our calculator applies Winfield’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 Winfield, Dupage County, Illinois

Local government entities set property tax rates, which can vary significantly within Illinois. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Winfield, located in DuPage County, the effective property tax rate is notably higher than the national median rate of 1.02%. This rate reflects the county's budgetary needs and the total assessed property value. When compared to other cities in Illinois, Winfield's rate stands out, emphasizing the importance of understanding local tax dynamics. The median property tax rate in Illinois is also higher than the national median, which can affect homeowners' financial planning. Understanding these differences can help property owners make informed decisions about their investments and potential tax appeals. Comparing Winfield’s rate to state and national figures highlights the impact of local governance on property taxes.

Property Tax Rates Across Winfield, 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 Winfield Tax Rate

2.38%

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 Winfield, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60190	2.11%	2.29%	2.38%	2.53%	2.77%

Source: Ownwell

Property Tax Assessment Values Across Winfield, Dupage County, Illinois

When examining property taxes in Winfield, 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 Assessor's 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 DuPage County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Winfield.

For example, the median home price in Winfield is $334,095, with tax bills ranging significantly across the county. Zip code 60190 has the highest median home price at $334,095.

Property Tax Assessment Values Across Winfield, Dupage County, Illinois

Source: Ownwell

$72,210

$441,000

$809,790

Median Winfield Market Value

$334,095

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 Winfield, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60190	$179,310	$250,905	$334,095	$434,715	$560,460

Source: Ownwell

Property Tax Bills Across Winfield, Dupage County, Illinois

In Winfield, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as local government budgets and school funding needs can influence the tax rate, impacting how much homeowners pay. In Winfield, the property tax bill can vary significantly, with the 25th percentile at $5,490 and the 90th percentile reaching $13,606. The median tax bill in the area is notably high at $7,895, compared to the national median of $2,400, reflecting the region's higher property values and tax rates. This can be a significant financial burden for homeowners. Ownwell offers a solution by helping homeowners appeal their property tax assessments, potentially reducing their tax bills. By leveraging expertise and local knowledge, Ownwell can identify discrepancies in assessments, ensuring homeowners pay only their fair share and potentially saving them thousands of dollars.

Property Tax Bills Across Winfield, Dupage County, Illinois

Source: Ownwell

$1,758

$7,802

$13,846

Median Winfield Tax Bill

$7,895

Median Dupage County Tax Bill

$7,313

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Winfield, Dupage County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60190	$3,921	$5,490	$7,895	$11,080	$13,606

Source: Ownwell