New Windsor, Henry County, Illinois Property Taxes
Property Taxes in New Windsor, Illinois
Median New Windsor, Illinois effective property tax rate: 2.26%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median New Windsor, Illinois home value: $210,882
Median annual New Windsor, Illinois tax bill: $4,512, $2,112 higher than the national median property tax bill of $2,400.
How are property taxes in Henry calculated?
Property taxes in New Windsor, Illinois 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 New Windsor's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Windsor, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
New Windsor, Henry County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.26%
Estimate Property Tax Bill
$4,766
$4,423
How Does the New Windsor Property Tax Calculator Work?
Use this New Windsor property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies New Windsor's median effective tax rate of 2.26% — based on actual property records in Henry County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies New Windsor's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within New Windsor: rates are 2.26% in 61465, with no variation shown across the city, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across New Windsor.
About New Windsor Property Taxes
About Property Taxes in New Windsor, Henry, Illinois
New Windsor’s median effective property tax rate of 2.26% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Henry County base levy combined with local school district levies and special service areas that can vary by subdivision throughout the city.
Property tax rates are not uniform across New Windsor. Homeowners in ZIP code 61465 carry a median effective rate of 2.26%, and that same ZIP also reflects the city’s median home price of $210,882 and median property tax bill of $4,512. Understanding how your property is assessed can make a meaningful difference to your annual tax bill.
If your assessed value seems too high, you can file a formal appeal with the Henry County Tax Assessor before June 1, 2026.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across New Windsor, Henry County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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 New Windsor's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill Ă· 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 New Windsor Tax Rate
2.26%
Our median effective property tax rate (tax bill Ă· 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 Henry County Tax Rate
2.16%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Windsor, Henry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61465 | 1.87% | 2.09% | 2.26% | 2.43% | 2.49% |
Source: Ownwell
Property Tax Assessment Values Across New Windsor, Henry County, Illinois
When examining property taxes in New Windsor, Illinois, 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 Henry 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 Henry County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the month.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities and the valuation process affecting property taxes in New Windsor.
For example, the median home price in New Windsor is $210,882, with tax bills centered at $4,512. The highest median home price is found in 61465.
Property Tax Assessment Values Across New Windsor, Henry County, Illinois
Source: Ownwell
$61,581
$177,236
$292,890
Median New Windsor Market Value
$210,882
Median Henry County Market Value
$132,510
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Windsor, Henry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61465 | $85,934 | $152,770 | $210,882 | $267,052 | $377,513 |
Source: Ownwell
Property Tax Bills Across New Windsor, Henry County, Illinois
Property tax bills in New Windsor are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much tax a homeowner owes each year. Factors such as the home’s location, size, condition, and any changes in the local tax rate can all affect the final bill.
With a median home price of $210,882, property taxes can represent a significant ongoing cost for homeowners. In this area, the property tax bill typically falls between $3,279 at the 25th percentile and $5,902 at the 75th percentile, with the 90th percentile reaching $9,113. The median tax bill is $4,512, which is well above the national median property tax bill of $2,400 and reflects a heavier tax burden than many homeowners face nationwide.
Because property taxes are tied to assessed value, any increase in market value can raise the bill and affect monthly housing costs.
Median New Windsor Tax Bill
$4,512
Median Henry County Tax Bill
$2,832
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across New Windsor, Henry County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 61465 | $1,664 | $3,279 | $4,512 | $5,902 | $9,113 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Henry Tax Assessor | |
| Website | henryil.devnetwedge.com |