Wood Dale, Dupage County, Illinois Property Taxes
Median Wood Dale, IL effective property tax rate: 2.31%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Wood Dale, IL home value: $249,810
Median annual Wood Dale, IL tax bill: $5,669, $3,269 higher than the national median property tax bill of $2,400.
How are property taxes in DuPage calculated?
Property taxes in Wood Dale, 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 Wood Dale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wood Dale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wood Dale, Dupage County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.31%
Estimate Property Tax Bill
$5,771
$5,355
Property Tax Rates Across Wood Dale, 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 Wood Dale’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Wood Dale, located in DuPage County, Illinois, has a property tax rate that stands out compared to the national median. With the national median property tax rate at 1.02%, Wood Dale's rate is notably higher. The median property tax rate in Illinois is among the highest in the country, reflecting the state's approach to funding local services. This means that homeowners in Wood Dale might find themselves paying more in property taxes than the average American homeowner. Understanding these rates can help property owners make informed decisions about appealing their property taxes or exploring available exemptions.
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 Wood Dale Taxx Rate
2.31%
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 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 Wood Dale, Dupage County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60191 | 2.01% | 2.20% | 2.31% | 2.40% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Wood Dale, Dupage County, Illinois
When examining property taxes in Wood Dale, 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 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 Wood Dale.
For example, the median home price in Wood Dale is $249,810, with tax bills ranging significantly across the county. Zip code 60191 has the highest median home price at $249,810.
Property Tax Assessment Values Across Wood Dale, Dupage County, Illinois
Source: Ownwell
$72,210
$441,000
$809,790
Median Wood Dale Market Value
$249,810
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 Wood Dale, Dupage County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60191 | $151,890 | $190,500 | $249,810 | $316,928 | $413,655 |
Source: Ownwell
Property Tax Bills Across Wood Dale, Dupage County, Illinois
In Wood Dale, located in DuPage County, IL, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is a percentage of the property's market value. The tax rate is then applied to this assessed value to calculate the tax bill. Homeowners in Wood Dale face a median property tax bill of $5,669, notably higher than the national median of $2,400. Factors such as local government budgets and school funding requirements heavily influence these rates. The tax bill can significantly impact homeowners, especially when property values rise and lead to higher assessments.
Ownwell offers a solution by providing property tax appeal services, helping homeowners potentially reduce their tax bills. By analyzing the assessed value and ensuring it accurately reflects the market conditions, Ownwell can identify opportunities for savings. With expert guidance, homeowners can navigate the appeal process more effectively, potentially lowering their property tax burden and providing financial relief.
Median Wood Dale Tax Bill
$5,669
Median Dupage County Tax Bill
$7,313
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,690
Property Tax Bills Across Wood Dale, Dupage County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60191 | $3,168 | $4,194 | $5,669 | $7,367 | $10,654 |
Source: Ownwell