Keeneyville, Dupage County, Illinois Property Taxes
Median Keeneyville, 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 Keeneyville, IL home value: $24,390
Median annual Keeneyville, IL tax bill: $563, $1,837 lower than the national median property tax bill of $2,400.
How are property taxes in DuPage calculated?
Property taxes in Keeneyville, 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 Keeneyville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keeneyville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Keeneyville, 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
$563
$523
Property Tax Rates Across Keeneyville, Dupage County, Illinois
Local government entities set tax rates, and these can vary significantly even within a single state. This variation is due to the fact that each county, like DuPage County, estimates the budget needed to provide essential services annually. The budget is then divided by the total assessed value of all taxable property within the county to determine the property tax rate. This process, while influenced by votes and laws, is essentially how property tax rates are determined each year.
In Keeneyville, located in DuPage County, the effective property tax rate is notably higher than the national median of 1.02%. This is reflective of Illinois's overall higher property tax rates, which are among the highest in the nation. The median property tax rate in Illinois is significantly above the national average, impacting homeowners in Keeneyville with higher tax bills compared to many other regions across the United States. This comparison highlights the importance of understanding local tax rates and their implications on property owners.
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 Keeneyville Tax 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 Tax Rate
2.22%
Median Effective Illinois Tax Rate
2.35%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Keeneyville, Dupage County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60172 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Keeneyville, Dupage County, Illinois
When examining property taxes in Keeneyville, 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 Keeneyville. For example, the median home price in Keeneyville is $24,390, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Keeneyville, Dupage County, Illinois
Source: Ownwell
$72,210
$441,000
$809,790
Median Keeneyville Market Value
$24,390
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 Keeneyville, Dupage County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60172 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Keeneyville, Dupage County, Illinois
In Keeneyville, DuPage County, IL, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is re-evaluated periodically. Factors such as location, property type, and local levies influence the tax rate. With a median home price of $24,390, homeowners in Keeneyville face a median property tax bill of $563. This is significantly lower than the national median property tax bill of $2,400, reflecting the relatively low home values in the area. However, even with lower tax bills, homeowners may still feel the financial burden, especially if their property's assessed value increases unexpectedly.
Ownwell can assist homeowners by providing expert property tax appeal services. Our team analyzes your property’s assessed value, ensuring it aligns with current market conditions. If discrepancies are found, we guide you through the appeal process, potentially reducing your tax bill. By leveraging our expertise, homeowners can achieve significant savings and ensure fair taxation.
Median Keeneyville Tax Bill
$563
Median Dupage County Tax Bill
$7,313
Median Illinois Tax Bill
$4,715
Median United States Tax Bill
$2,400
Property Tax Bills Across Keeneyville, Dupage County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60172 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell