Bolingbrook, Will County, Illinois Property Taxes
Property Taxes in Bolingbrook, Illinois
Median Bolingbrook, Illinois effective property tax rate: 3.09%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Bolingbrook, Illinois home value: $280,296
Median annual Bolingbrook, Illinois tax bill: $8,534, $6,134 higher than the national median property tax bill of $2,400.
How are property taxes in Will calculated?
Property taxes in Bolingbrook, 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 Bolingbrook's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bolingbrook, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bolingbrook, Will County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.09%
Estimate Property Tax Bill
$8,661
$8,037
How Does the Bolingbrook Property Tax Calculator Work?
Use this Bolingbrook property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bolingbrook's median effective tax rate of 3.09% — based on actual property records in Will County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bolingbrook'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 Bolingbrook: rates range from $7,524 in 60440 to $10,922 in 60490, 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 Bolingbrook.
About Bolingbrook Property Taxes
About Property Taxes in Bolingbrook, Will, Illinois
Bolingbrook’s median effective property tax rate of 3.09% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Will County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Bolingbrook. Homeowners in ZIP code 60440 carry a median effective rate of 3.11%, while those in 60490 pay 2.83%. This spread reflects how school district boundaries and local assessment districts are drawn across Will County.
Bolingbrook homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above 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 Bolingbrook, Will 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 Bolingbrook'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 ÷ 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 Bolingbrook Tax Rate
3.09%
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 Will County Tax Rate
2.67%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bolingbrook, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60440 | 2.66% | 2.96% | 3.11% | 3.18% | 3.42% |
| 60490 | 2.46% | 2.55% | 2.83% | 3.19% | 3.66% |
Source: Ownwell
Property Tax Assessment Values Across Bolingbrook, Will County, Illinois
When examining property taxes in Bolingbrook, 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 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 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. For example, the median home price in Bolingbrook is $280,296, with tax bills ranging significantly across the county. Zip code 60490 has the highest median home price at $382,528.
Property Tax Assessment Values Across Bolingbrook, Will County, Illinois
Source: Ownwell
$115,005
$343,131
$571,257
Median Bolingbrook Market Value
$280,296
Median Will County Market Value
$280,557
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bolingbrook, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60440 | $171,882 | $206,391 | $246,681 | $294,735 | $368,721 |
| 60490 | $293,946 | $334,235 | $382,528 | $442,372 | $502,376 |
Source: Ownwell
Property Tax Bills Across Bolingbrook, Will County, Illinois
Property tax bills in Bolingbrook are calculated using the assessed value of a home, the local tax rate, and the taxing districts that serve the property. When a home’s market value rises, the assessed value can also increase, which may lead to a higher bill. In Will County, the median home price is $280,296, and that value helps show why bills can vary so much from one homeowner to another.
The amount a homeowner pays depends on where the property is located and which local services are funded by property taxes. Schools, roads, public safety, and other community needs all factor into the final bill. In Bolingbrook, the 25th percentile tax bill is $6,743, while the 75th percentile is $10,959, showing a wide range of outcomes. For some homeowners, a higher assessed value can mean a larger annual expense, which can affect monthly budgets and long-term housing costs.
Median Bolingbrook Tax Bill
$8,534
Median Will County Tax Bill
$7,585
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Bolingbrook, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60440 | $4,292 | $6,056 | $7,524 | $9,157 | $11,988 |
| 60490 | $8,123 | $9,502 | $10,922 | $12,712 | $14,803 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Will Tax Assessor | |
| Website | www.willcountysoa.com |