Naperville, Will County, Illinois Property Taxes

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

Median Naperville, 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 Naperville, IL home value: $502,368
Median annual Naperville, IL tax bill: $11,515, $9,115 higher than the national median property tax bill of $2,400.

How are property taxes in Will County calculated?

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

Last Updated March 1, 2025

Naperville, Will County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.31%

Estimate Property Tax Bill

$11,605

$10,769

Ownwell’s Naperville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Naperville with just two data points. By entering your property's estimated assessed value, our calculator applies Naperville’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 Will County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Naperville, Will County, Illinois

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total assessed 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 Naperville’s effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S. Naperville, located in Will County, has a median property tax rate of 2.31%, which is significantly higher than the national median of 1.02%. Within Naperville, the highest median tax rate is found in the 60564 zip code at 2.32%, while the lowest is in the 60565 zip code at 2.23%. In comparison, Illinois has some of the highest property tax rates in the country, making it critical for property owners in Naperville to explore potential savings through appeals and exemptions.

Property Tax Rates Across Naperville, Will County, Illinois

Source: Ownwell

1.73%

3.67%

5.61%

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 Naperville Tax Rate

2.31%

Median Effective Will County Tax Rate

2.62%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Naperville, Will County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60564	2.17%	2.27%	2.32%	2.35%	2.37%
60565	2.12%	2.19%	2.23%	2.32%	2.34%

Source: Ownwell

Property Tax Assessment Values Across Naperville, Will County, Illinois

When examining property taxes in Naperville, 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 Will 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 Will 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 Naperville. For example, the median home price in Naperville is $502,368, with tax bills ranging significantly across the county. Zip code 60565 has the highest median home price at $519,840.

Property Tax Assessment Values Across Naperville, Will County, Illinois

Source: Ownwell

$101,070

$390,154

$679,238

Median Naperville Market Value

$502,368

Median Will County Market Value

$251,502

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Naperville, Will County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60564	$247,010	$348,974	$493,972	$598,060	$697,203
60565	$322,288	$401,031	$519,840	$591,417	$722,291

Source: Ownwell

Property Tax Bills Across Naperville, Will County, Illinois

In Naperville, located in Will County, IL, property tax bills are determined by the assessed value of a home and the local tax rate. Homeowners in this region face a median property tax bill significantly higher than the national median of $2,400, with amounts ranging from $8,281 at the 25th percentile to $13,823 at the 75th percentile. The tax bill at the 90th percentile can reach up to $16,371. Factors influencing these amounts include local government budgets and school district funding needs, which can affect the local tax rate. Homeowners in the 60565 zip code experience the highest median tax bill at $11,700, while those in 60564 see slightly lower bills at $11,430. Ownwell offers valuable assistance to homeowners by analyzing their property assessments and identifying potential inaccuracies. By filing appeals and seeking exemptions, Ownwell can help homeowners reduce their tax burden, ensuring they pay only their fair share. This service is crucial in a high-tax area like Naperville, where savings can be substantial.

Property Tax Bills Across Naperville, Will County, Illinois

Source: Ownwell

$1,870

$11,744

$21,617

Median Naperville Tax Bill

$11,515

Median Will County Tax Bill

$6,703

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Naperville, Will County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60564	$5,578	$7,816	$11,430	$13,977	$16,377
60565	$6,858	$8,901	$11,700	$13,369	$16,338

Source: Ownwell